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.
Last updated
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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | WorkPay Hit $8.9m revenue in October 2024 | |
| 2023 | WorkPay Hit $4.8m revenue in October 2023 | |
| 2021 | WorkPay Hit $2.2m revenue in January 2021 | |
| 2020 | Launched 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.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
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
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 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) |
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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