FundedIQ
Financial Services

CloudPay: Funding, Investors & Team (Sep 2026)

CloudPay provides managed global payroll services to multinational organizations through a single, unified SaaS solution. By delivering end-to-end managed payroll services through an innovative platform, CloudPay ensures consistent and compliant payroll around the globe while reducing operating costs and minimizing manual processes. CloudPay’s services and technology standardize the payroll function across geographies, helping organizations increase efficiency, streamline compliance, and achieve greater visibility into payroll performance and costs. The CloudPay solution is backed by deep industry expertise earned over twenty-plus years delivering services to over 2,500 multinational entities. CloudPay’s solution guarantees accurate payroll processing across 130+ countries in more than twenty-five languages. Positioned as a Leader in NelsonHall’s 2019 Payroll Outsourcing NEAT assessment and as an Achiever in Everest Group’s 2019 Multi-Country Payroll Platform report, CloudPay has won multiple awards for its technology and service, including Global Payroll Transformation Project of the Year Award (2017), Payroll Software Product of the Year (2018) and the prestigious Global Payroll Supplier of the Year (2019). To learn more, visit www.cloudpay.net.

www.cloudpay.com LinkedIn Andover, United Kingdom 501-1000 employees
Total raised
$108M
Rounds
2
Latest
Undisclosed round
Oct 2022

CloudPay has raised $108M across 2 funding rounds on record, the most recent an undisclosed round of $50.0M announced in Oct 2022.

That round is above the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.

CloudPay Company Profile and Key Stats

Total funding raised
$108M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Undisclosed round
$50.0M in Oct 2022
Employees
501-1000
reported band
Headquarters
Andover, United Kingdom

Latest funding round on record: Oct 2022.

CloudPay Funding Rounds

Date
Round
Amount
Undisclosed round
$50.0M
Undisclosed
$58.0M

CloudPay raised $58.0M in an Undisclosed announced in Aug 2021.

1.2 years later, an undisclosed round of $50.0M was announced in Oct 2022.

CloudPay Founders and Leadership Team

Name
Role
Contact
Paul Bartlett
CEO

No contact details are on record for this team yet.

CloudPay Funding Compared to Other Financial Services Startups

Segment
Companies
Median round

CloudPay's latest round of $50.0M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.

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CloudPay Funding FAQs

What does CloudPay do?

CloudPay provides managed global payroll services to multinational organizations through a single, unified SaaS solution. By delivering end-to-end managed payroll services through an innovative platform, CloudPay ensures consistent and compliant payroll around the globe while reducing operating costs and minimizing manual processes. CloudPay’s services and technology standardize the payroll function across geographies, helping organizations increase efficiency, streamline compliance, and achieve greater visibility into payroll performance and costs. The CloudPay solution is backed by deep industry expertise earned over twenty-plus years delivering services to over 2,500 multinational entities. CloudPay’s solution guarantees accurate payroll processing across 130+ countries in more than twenty-five languages. Positioned as a Leader in NelsonHall’s 2019 Payroll Outsourcing NEAT assessment and as an Achiever in Everest Group’s 2019 Multi-Country Payroll Platform report, CloudPay has won multiple awards for its technology and service, including Global Payroll Transformation Project of the Year Award (2017), Payroll Software Product of the Year (2018) and the prestigious Global Payroll Supplier of the Year (2019). To learn more, visit www.cloudpay.net.

How much funding has CloudPay raised?

CloudPay has raised $108M across 2 rounds on record. The most recent is an undisclosed round of $50.0M announced in Oct 2022.

When did CloudPay last raise funding?

CloudPay's most recent funding round on record is an undisclosed round of $50.0M, announced in Oct 2022.

Who is the CEO of CloudPay?

Paul Bartlett is listed as CEO at CloudPay.

Where is CloudPay headquartered?

CloudPay is based in Andover, Hampshire, United Kingdom.

How many employees does CloudPay have?

CloudPay is in the 501-1000 employee band.

How does CloudPay's funding compare to other Financial Services startups?

CloudPay's latest round of $50.0M is above the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.

About FundedIQ's CloudPay Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for CloudPay is left off this page rather than filled in.

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