Tech Company Financing Transactions
OnPay Funding Round
OnPay, based in Atlanta, scored $100 million from Carrick Capital and MC Partners.
Transaction Overview
Company Name
Announced On
1/7/2025
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$100,000,000
Round
Series B
Investors
Carrick Capital (Lead Investor)
Proceeds Purpose
The funding will enable OnPay to "scale its capabilities," further invest in product development, and accelerate its go-to-market strategy.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1230 Peachtree St. NE 1250
Atlanta, GA 30309
USA
Atlanta, GA 30309
USA
Phone
Website
Email Address
Overview
OnPay grew out of our founder's long-standing family payroll business. When Jesse Burgess joined that company in 2007, his first priority was simply helping the company's six payroll clerks be more efficient -- and to keep them from getting frustrated.
Management Team
Browse more venture capital transactions:
Prev: 1/7/2025: Inari venture capital transaction
Next: 1/7/2025: Billboxx venture capital transaction
Share this article
News on VC Transactions
We do our best to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs