Check, a New York-based leading payroll infrastructure company that lets platforms embed payroll into their products, announced that it raised a $75 million Series C.
The round was led by Stripe, with participation from existing investors Bedrock, Thrive and Index.
The company will use the funding to continue to make Check the easiest and most robust platform to build, launch, and scale new payroll businesses.
Company: Check Technologies, Inc.
Raised: $75.0M
Round: Series C
Funding Month: February 2022
Lead Investors: Stripe
Additional Investors: Bedrock, Thrive, and Index
Company Website: https://www.checkhq.com/
Software Category: Payroll Infrastructure
About the Company: Check is a payroll infrastructure company whose mission is to make paying people simply. Check is a payroll-as-a-service API that lets you embed payroll directly in your vertical SaaS, HR, or time-tracking platform. Its platform offers everything companies need to build, launch, and scale a payroll business, including Check's intuitive API; Components, which enable flexible and customizable solutions; and a user-friendly customer management dashboard, Console. The company works with leading vertical SaaS, workforce management, financial services, and staffing businesses, and supports all 50 states plus D.C.
Source: https://www.prnewswire.com/news-releases/payroll-infrastructure-startup-check-announces-75-million-series-c-led-by-stripe-301483533.html https://www.checkhq.com/post/series-c-announcement