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HR and payroll processing from SMBs in Africa-Gusto for Africa.
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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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
Am a techpreneur whose passion and goal is to make small businesses run in an efficient and effective way.
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| What's your age? | - |
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WorkPay serves 300 customers.
WorkPay employs approximately 126 people as of 2026, up from 107 in 2023. It serves 300 customers that rely on its solutions.
WorkPay generates an estimated $8.9M in annual revenue.
WorkPay was founded by Paul Kimani.
The CEO of WorkPay is Paul Kimani.
WorkPay is bootstrapped and has not raised outside funding.
WorkPay has 126 employees.
WorkPay is headquartered in Nairobi, Nairobi, Kenya.
WorkPay operates across multiple industries. Browse revenue, funding, and growth data for WorkPay in each sector below.
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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85 associated members
2024 Revenue
$8.9M(Est.)
Customers
300
Funding
$0
Avg ACV
$29.8K
Team
126
Founded
2020
| Year | Milestone | Source |
|---|---|---|
| 2024 | WorkPay Hit $8.9m revenue in October 2024 | Estimated |
| 2023 | WorkPay Hit $4.8m revenue in October 2023 | Estimated |
| 2021 | WorkPay Hit $2.2m revenue in January 2021 | |
| 2020 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 126 employees (December 2024) | |
| 2024 | Reached 107 employees (October 2024) | |
| 2023 | Reached 107 employees (October 2023) | |
| 2022 | Reached 69 employees (October 2022) | |
| 2021 | Reached 58 employees (December 2021) | |
| 2021 | Reached 22 employees (January 2021) |
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