Payslip, a Westport, Ireland-based automation and integration technology platform for global payroll management, closed an additional $10M to its Series A financing round, bringing total financing to $14.5M.
The round was led by MiddleGame Ventures and Mouro Capital with participation from Frontline Ventures, Tribal.vc, investors David Clarke, former CTO of Workday; Brian Williams- Co-Founder of One Source Virtual; and Phil Chambers, CEO and Co-Founder of Peakon.
The company intends to use the funds to:
- continue to expand its business reach,
- hire talent across a range of departments, including engineering, product development, sales, tech support, and finance,
- expand its product roadmap to include enhanced payroll, benefits & employee payroll personalization, zero touch automation & validation, and last mile global payments & benefits integration
Led by Fidelma McGuirk, CEO, Payslip provides Automation & Integration technology that delivers standardized Global Payroll Management to multinational employers. The technology integrates with HCM & Accounting/ERP systems automating payroll processes, standardizing payroll data and consolidating payroll reporting. Companies can centrally manage their global payroll operations with visibility, control and governance while scaling easily into new countries.
Payslip is already used by dozens of multinational organizations throughout various industries and customers include LogMeIn, Get Your Guide, Cloudera, and Airbus.