KarbonPay (Equity)
Funding Details
Awarder
StartEngine
Date Award
February 1, 2022
Vertical
Global Payroll Software
Valuation
$19,250,000
Funding Amount
$251,632,500,000
Company Info
Founding Year
2016
Traction
KarbonPay works with both single country and multi-country customers, charging a monthly base fee (or a fee per country for multi-country customers), plus a fee per employee per month. XmartClock’s revenue comes from charging a fee per employee per month and varies by account tier.
Revenue Amount
$130,000,000
Organizations Involved
BDO
Founders
Bradley Price
Market
Payroll Automation
Location
Richardson, TX, US
Coinvestors
StartEngine Capital, LLC
Company Description

KarbonPay is a payroll SaaS platform that automates payroll processing across countries.