Payfit
ID: 5621424
Seedtable Score
60
Startups
3
Funding Rounds
2
Investors
$474.07m
Money raised
Recent Funding Rounds
Overview
Payfit, based in Paris, addresses a critical need for small and medium enterprises: payroll management. The platform's user-friendly, SaaS-based approach automates payroll processes, reducing administrative workloads and minimizing errors and compliance issues common with manual methods or basic accounting software. By focusing on SMEs, Payfit differentiates itself from broader payroll solutions, offering a tailored service that enhances operational efficiency. Supported by investors like Accel and Eurazeo, Payfit is poised for growth and aims to capture a significant market segment in the payroll management industry.
- Website: https://payfit.com
- Business model: b2b, saas
- Company size: 251 - 501 employees
- Headquarters: Paris, France
- Founded: 2015
- Social accounts: Twitter Linkedin
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Funding
Funding series
Funding Series Analysis
The company Payfit has raised a total of $474.07m in funding over 3 rounds.
Key Insights:
- Unknown: $287.89m
- Series D: $107.18m
- Series C: $79m
Payfit Series C (2019, $79M)
$79m
Payfit Series D (2021, $107M)
$107.18m
Payfit Unknown (2022, $287M)
$287.89m