ZenPayroll (YC W12) now processes more than $100M per year of payroll for thousands of employees

by Y Combinator8/29/2013

Payroll systems like ADP and Paychex are a necessary business evil; they’re difficult to navigate and expensive. Three founders in Silicon Valley have designed a more attractive, cloud-based solution called ZenPayroll and in just eight months, they’ve seen a lot of traction. 

The startup is now processing over $100 million for the businesses that use it.* Its CEO, Joshua Reeves, won’t reveal how many companies are using ZenPayroll, but he says “thousands of employees are getting paid through it” and that his biggest customer represents less than 2% of that $100 million milestone.

Read the full article on Business Insider

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  • Y Combinator

    Y Combinator created a new model for funding early stage startups. Twice a year we invest a small amount of money ($150k) in a large number of startups (recently 200). The startups move to Silicon