FundedIQ
Administrative Services

PayFit: Funding, Investors & Team (Sep 2026)

PayFit offers technology that simplifies and automates payroll and HR processes for small and medium-sized businesses. It provides users the visibility and automation they need to easily manage payroll, with the support of payroll experts. The company supports the digital transformation of businesses through a growing range of product features and services.

payfit.com LinkedIn Paris, France 501-1000 employees
Employee Benefits Human Resources Payments SaaS
Total raised
$395M
Rounds
2
Latest
Series E
Jan 2022

PayFit has raised $395M across 2 funding rounds on record, the most recent a Series E of $287M announced in Jan 2022.

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

PayFit Company Profile and Key Stats

Total funding raised
$395M
across 2 rounds on record
Funding rounds on record
2
Latest funding round
Series E
$287M in Jan 2022
Employees
501-1000
reported band
Headquarters
Paris, France

Latest funding round on record: Jan 2022.

PayFit Funding Rounds

Date
Round
Amount
Series E
$287M
Series D
$107M

PayFit raised $107M in a Series D announced in Mar 2021.

10 months later, a Series E of $287M was announced in Jan 2022.

PayFit Founders and Leadership Team

Name
Role
Contact
Firmin Zocchetto
CEO
Locked

Contact details for the PayFit team: 1 of 1 has an email address on file.

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PayFit Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round
1,705
$6.7M
261
$100M

PayFit's latest round of $287M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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PayFit Funding FAQs

What does PayFit do?

PayFit offers technology that simplifies and automates payroll and HR processes for small and medium-sized businesses. It provides users the visibility and automation they need to easily manage payroll, with the support of payroll experts. The company supports the digital transformation of businesses through a growing range of product features and services.

How much funding has PayFit raised?

PayFit has raised $395M across 2 rounds on record. The most recent is a Series E of $287M announced in Jan 2022.

When did PayFit last raise funding?

PayFit's most recent funding round on record is a Series E of $287M, announced in Jan 2022.

Who is the CEO of PayFit?

Firmin Zocchetto is listed as CEO at PayFit.

Where is PayFit headquartered?

PayFit is based in Paris, Ile-De-France, France.

How many employees does PayFit have?

PayFit is in the 501-1000 employee band.

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

PayFit's latest round of $287M 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 PayFit 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 PayFit is left off this page rather than filled in.

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