What is SurePayroll?
Founded in 2000 and acquired by Paychex, Inc. in 2011, SurePayroll specializes in streamlining payroll processing and tax-filing for small businesses through a comprehensive digital platform accessible via web and mobile applications. The company's technology-driven approach aims to simplify payroll administration and ensure tax compliance for its clientele. Beyond core payroll services, SurePayroll also offers integrated accounting solutions, including retirement plans and insurance options, catering to the specific needs of small business owners.
How much funding has SurePayroll raised?
SurePayroll has raised a total of $8M across 1 funding round:
Series B
$8M
Series B (2001): $8M with participation from Bluestar Ventures and Kettle Partners
Key Investors in SurePayroll
Bluestar Ventures
Bluestar Ventures is an investment firm that participated in SurePayroll's Series B funding round.
Kettle Partners
Kettle Partners, a venture capital firm based in Chicago, Illinois, focuses on emerging stage companies in Telecommunications, New Media, and the Internet. They were involved in SurePayroll's Series B financing.
What's next for SurePayroll?
With its recent major strategic investment and the backing of Paychex, SurePayroll is well-positioned for continued growth. The company's focus on technology-driven payroll and accounting solutions for the small business sector aligns with a growing demand for efficient financial management tools. Future developments are likely to center on enhancing its digital platform, expanding its service offerings, and further integrating its solutions with the broader Paychex ecosystem to provide a seamless experience for its users.
See full SurePayroll company page
