PayrollHero Closes CAD$1M Seed Funding

PayrollHero, a Manila, Philippines and Whistler, Canada-based software company focused on time, attendance, scheduling and payroll for Southeast Asia, closed a CAD$1M seed funding.

Backers included 500Startups, LX Ventures, The Futura Corporation, 8capita Partners, Ryan Holmes (CEO of Hootsuite), Dan Martell (CEO of Clarity), Benjamin Joffe (aka Mr. Asia), Christian Cotichini (Founder of MAKE Technologies) and other angel investors.

The company intends to use the capital to add engineering team and new clients.

Founded by CEO Michael Stephenson and Stephen Jagger, PayrollHero provides a cloud-based Time, Attendance, Scheduling and Payroll app built for web and mobile that works worldwide: It currently has users in Canada, USA, Cambodia, Singapore, Thailand, Indonesia, Malaysia and India and the company plans to expand its payroll capabilities to other countries within Southeast Asia in the near future.



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