FundedIQ
Administrative Services

OnPay: Funding, Investors & Team (Sep 2026)

OnPay is a software company specializing in cloud-based payroll services for small businesses and accountants, supported by a team of knowledgeable professionals. Their platform combines ease of use with advanced features usually reserved for larger companies, allowing users to access unlimited pay runs and assistance with tax filings to simplify payroll management.

onpay.com LinkedIn Atlanta, United States 101-250 employees
Bookkeeping and Payroll Employee Benefits Financial Services FinTech Human Resources SaaS Software B2B
Total raised
$63.0M
Rounds
1
Latest
Series B
Jan 2025

OnPay has raised $63.0M across 1 funding round on record, the most recent a Series B of $63.0M announced in Jan 2025.

That round is above the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

OnPay Company Profile and Key Stats

Total funding raised
$63.0M
across 1 round on record
Funding rounds on record
1
Latest funding round
Series B
$63.0M in Jan 2025
Employees
101-250
reported band
Headquarters
Atlanta, United States

Latest funding round on record: Jan 2025.

OnPay Funding Rounds

Date
Round
Amount
Series B
$63.0M

OnPay Founders and Leadership Team

Name
Role
Contact
Ahmed Abbas
Founder

No contact details are on record for this team yet.

OnPay Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round
29,795
$7.5M
4,307
$30M

OnPay's latest round of $63.0M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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OnPay Funding FAQs

What does OnPay do?

OnPay is a software company specializing in cloud-based payroll services for small businesses and accountants, supported by a team of knowledgeable professionals. Their platform combines ease of use with advanced features usually reserved for larger companies, allowing users to access unlimited pay runs and assistance with tax filings to simplify payroll management.

How much funding has OnPay raised?

OnPay has raised $63.0M across 1 round on record. The most recent is a Series B of $63.0M announced in Jan 2025.

When did OnPay last raise funding?

OnPay's most recent funding round on record is a Series B of $63.0M, announced in Jan 2025.

Who founded OnPay?

FundedIQ lists Ahmed Abbas (Founder) at OnPay.

Where is OnPay headquartered?

OnPay is based in Atlanta, Georgia, United States.

How many employees does OnPay have?

OnPay is in the 101-250 employee band.

How does OnPay's funding compare to other Administrative Services startups?

OnPay's latest round of $63.0M is above the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's OnPay 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 OnPay is left off this page rather than filled in.

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