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Hourly

Payroll, time tracking, and workers' comp.

Overview

Hourly provides an integrated cloud-based platform for payroll, time and attendance tracking, and workers’ compensation insurance for small and medium-sized businesses with hourly employees. It syncs real-time payroll data with time tracking (including GPS clock-ins) to calculate workers’ comp premiums on a pay-as-you-go basis, and it includes automated payroll tax filings and same-day direct deposit. It stands out by delivering pay-as-you-go workers’ compensation and a mobile-first, all-in-one system tailored to industries with variable-hour work, such as construction. Its goal is to simplify complex payroll and HR tasks for SMBs and expand its services across the United States through strategic growth and partnerships.

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About Hourly

Simplify's Rating
Why Hourly is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & AnalyticsEnterprise SoftwareFintech

Company Size

51-200

Company Stage

Early VC

Total Funding

$39.2M

Headquarters

Palo Alto, CA

Founded

2018

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Simplify's take

What believers are saying

  • Hourly’s October 2026 site still sells pay-as-you-go workers’ comp nationally.
  • Accounting partner pages show reseller channels and revenue-share programs expanding distribution.
  • Uber’s 2026 Hourly launch underscores broad market validation for hour-based pricing models.

What critics are saying

  • weSure’s September 2026 UBIC acquisition exposes Hourly to carrier and regulatory execution risk.
  • Small-business payroll is crowded; Fingercheck, Gusto, and Rippling attack adjacent workflows.
  • If weSure integration stalls, Hourly becomes a commoditized payroll tool inside a subscale insurer.

What makes Hourly unique

  • Hourly bundles payroll, GPS time tracking, and workers’ comp for hourly workforces.
  • WeSure’s 2025 acquisition gives Hourly integrated carrier access and underwriting control.
  • Real-time payroll pricing eliminates annual workers’ comp estimates and audit friction.

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Funding

Total Funding

$39.1M

Above

Industry Average

Funded Over

3 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • 401(k) Retirement Plan
  • Unlimited Paid Time Off
  • Remote Work Options

Growth & Insights and Company News

6 month growth

-1%

1 year growth

0%

2 year growth

1%
Fintech News Network
Jul 17th, 2025
WeSure US Merges with Hourly in $53M Deal

WeSure US has merged with payroll fintech company Hourly in a $53 million deal. Hourly, founded by Israeli entrepreneur Tom Sagi, is a US-based payroll management platform. The company has raised approximately $37 million to date, with support from Israeli venture capital funds Glilot Capital, S-Capital, and Vintage, as well as US-based investors MSAD Ventures and J-Ventures.

Calcalist Tech
Jul 16th, 2025
Hourly merges with WeSure, raises $10M

Fintech company Hourly is merging with WeSure Global Tech at a $168 million valuation and has raised an additional $10 million. Hourly shareholders will own about 49% of the new entity. Founded by Tom Sagi, Hourly has raised $37 million to date and specializes in payroll management for businesses with hourly workers. The merger aims to expand WeSure's US operations and enhance its insurance offerings.

Coverager
Jul 13th, 2023
Nationwide Partners With Hourly

Hourly, <i class="fa fa-info-circle company-popover" data-content="h3Hourly/h3. div. table

PR Newswire
Jun 3rd, 2022
Hourly.Io, The Workers' Comp And Payroll Platform For Hourly Workers, Announces A $27M Series A

Hourly to expand beyond California and scale its insurance operation nationwide PALO ALTO, Calif. , June 3, 2022 /PRNewswire/ -- Hourly.io, a fast-growing workers' comp and payroll startup, today announced it has raised $27 million in Series A financing led by Glilot Capital Partners...

PR Newswire
Jun 3rd, 2022
Glilot Capital Partners invested into Hourly, Inc. in $27M on Jun 3rd 22'.

Hourly.io, a fast-growing workers' comp and payroll startup, today announced it has raised $27 million in Series A financing led by Glilot Capital Partners through its early growth fund, Glilot+.

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