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Venture Capital News: Payroll Integrations Completes $20M Series A

2023-11-06
SAN DIEGO, CA, Payroll Integrations today announced the close of its $20 million Series A funding round.
Payroll Integrations, the technology company that's reimagining how employers support employees' financial well-being through benefit automation, today announced the close of its $20 million Series A funding round. The funding was led by Arthur Ventures, a Minneapolis-based growth equity firm with deep expertise in B2B software.

Payroll Integrations is the technology company that's reimagining how employers support employees' financial well-being through benefit automation. Their integration platform is used by more than 4,000 businesses to connect payroll with retirement, HSA and other employer-sponsored benefit plans for over one million employees. Payroll providers including ADP, Paychex, Quickbooks Online and others use Payroll Integrations to seamlessly connect with 401k benefit providers such as Empower, Transamerica, Principal, VOYA and John Hancock.
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