PayCycle Overview
- Year Founded
-
1999

- Status
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Acquired/Merged
- Latest Deal Type
-
M&A
- Latest Deal Amount
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$169M
PayCycle General Information
Description
Provider of web based on-demand payroll tax compliance services. The company provides on-demand payroll to small businesses, accountants professionals and financial institutions that offers customized service to manage their clients' accounts.
Contact Information
Website
www.paycycle.comCorporate Office
- 210 Portage Avenue
- Palo Alto, CA 94306
- United States
Corporate Office
- 210 Portage Avenue
- Palo Alto, CA 94306
- United States
PayCycle Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. Merger/Acquisition | 23-Jul-2009 | $169M | Completed | Generating Revenue | ||
5. Later Stage VC (Series E) | 06-Dec-2006 | Completed | Generating Revenue | |||
4. Later Stage VC (Series D) | 26-Apr-2005 | Completed | Generating Revenue | |||
3. Later Stage VC (Series C) | 30-Oct-2002 | Completed | Generating Revenue | |||
2. Early Stage VC (Series B) | 19-Dec-2000 | $8.14M | $9.4M | Completed | Generating Revenue | |
1. Early Stage VC (Series A) | 20-Mar-2000 | $1.3M | $1.3M | Completed | Product Development |
PayCycle Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series E | ||||||||
Series D | ||||||||
Series C | ||||||||
Series B | 9,250,000 | $0.000010 | $0.07 | $0.88 | $0.88 | 1x | $0.88 | 12.85% |
Series A | 2,425,675 | $0.000010 | $0.04 | $0.54 | $0.54 | 1x | $0.54 | 3.37% |
PayCycle Comparisons
Industry
Financing
Details
PayCycle Competitors (2)
One of PayCycle’s 2 competitors is Paychex, a Corporation company based in Rochester, NY.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Paychex | Corporation | Rochester, NY | ||||
Automatic Data Processing | Corporation | Roseland, NJ |
PayCycle Former Investors (8)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Argus Capital | PE/Buyout | Minority | ||
August Capital | Growth/Expansion | Minority | ||
CCP Equity Partners | Growth/Expansion | Minority | ||
CE-Ventures | Corporate Venture Capital | Minority | ||
DCM Ventures | Venture Capital | Minority |
PayCycle FAQs
-
When was PayCycle founded?
PayCycle was founded in 1999.
-
Where is PayCycle headquartered?
PayCycle is headquartered in Palo Alto, CA.
-
What industry is PayCycle in?
PayCycle’s primary industry is Accounting, Audit and Tax Services (B2B).
-
Is PayCycle a private or public company?
PayCycle is a Private company.
-
What is the current valuation of PayCycle?
The current valuation of PayCycle is
. -
What is PayCycle’s current revenue?
The current revenue for PayCycle is
. -
How much funding has PayCycle raised over time?
PayCycle has raised $45.4M.
-
Who are PayCycle’s investors?
Argus Capital, August Capital, CCP Equity Partners, CE-Ventures, and DCM Ventures are 5 of 8 investors who have invested in PayCycle.
-
Who are PayCycle’s competitors?
Paychex and Automatic Data Processing are competitors of PayCycle.
-
When was PayCycle acquired?
PayCycle was acquired on 23-Jul-2009.
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Who acquired PayCycle?
PayCycle was acquired by Intuit.
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