- Payroll Integrations, a San Diego-based tech firm, secures $20 million in Series A funding led by Arthur Ventures.
- Founded in 2016 by Doug Sabella and Andrew Hallengren, the company establishes a direct two-way connection between payroll providers and company benefit platforms.
- Their proprietary platform extracts payroll data into a structured, ready-to-use format, reducing errors in employees’ benefit plans.
- Payroll Integrations works with 4,000+ companies, covering 70% of payroll providers and serving over one million employees, including major names like ADP, Paychex, Quickbooks Online, and top 401k providers.
- CEO Doug Sabella highlights the industry’s slow adoption of technology, emphasizing the startup’s role in simplifying benefits recordkeeping.
- With the new funding, Payroll Integrations plans to expand its product line, enhance relationships with payroll companies and benefit platforms, and meet growing demand.
US fintech Payroll Integrations secures $20m Series A funding
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