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2024 Revenue

$8.9M

Customers

300

Funding

$0

YOY

87.9%

Avg ACV

$29.8K

Team

126

Founded

2020

How WorkPay CEO Paul Kimani grew to $8.9M revenue and 300 customers in 2024.

HR and payroll processing from SMBs in Africa-Gusto for Africa.

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WorkPay Revenue

In 2024, WorkPay's revenue reached $8.9M. The company previously reported $4.8M in 2023. Since its launch in 2020, WorkPay has shown consistent revenue growth.

WorkPay Revenue GrowthReported revenue / ARR over time$0$2M$4M$6M$8M$10M20202021202220232024$0$2.2M$4.8M$8.9MSource: GetLatka.com
YearMilestoneQuote
2024WorkPay Hit $8.9m revenue in October 2024
2023WorkPay Hit $4.8m revenue in October 2023
2021WorkPay Hit $2.2m revenue in January 2021
2020Launched with $0 revenue

WorkPay Valuation, Funding Rounds

WorkPay is a bootstrapped Payroll Software startup. Founded in 2020, WorkPay has grown to $8.9M in revenue without raising any venture capital or outside funding.

As a self-funded Payroll Software SaaS company, WorkPay has built its business with no outside investment.

WorkPay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12020Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Paul Kimani

CEO

Am a techpreneur whose passion and goal is to make small businesses run in an efficient and effective way.

Q&A

QuestionAnswer
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Customers

WorkPay serves 300 customers.

WorkPay Employees & Team Size

WorkPay employs approximately 126 people as of 2026, up from 107 in 2023. It serves 300 customers that rely on its solutions.

WorkPay Team GrowthReported headcount over time03060901201502020202120222023202400126126Source: GetLatka.com
YearMilestone
2024Reached 126 employees (December 2024)
2024Reached 107 employees (October 2024)
2023Reached 107 employees (October 2023)
2022Reached 69 employees (October 2022)
2021Reached 58 employees (December 2021)
2021Reached 22 employees (January 2021)

Frequently Asked Questions about WorkPay

What is WorkPay's revenue?

WorkPay generates an estimated $8.9M in annual revenue.

Who founded WorkPay?

WorkPay was founded by Paul Kimani.

Who is the CEO of WorkPay?

The CEO of WorkPay is Paul Kimani.

How much funding does WorkPay have?

WorkPay is bootstrapped and has not raised outside funding.

How many employees does WorkPay have?

WorkPay has 126 employees.

Where is WorkPay headquarters?

WorkPay is headquartered in Nairobi, Nairobi, Kenya.

Compare WorkPay to the industry

WorkPay operates across multiple industries. Browse revenue, funding, and growth data for WorkPay in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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