HHourly 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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Industries
Company Size
51-200
Company Stage
Early VC
Total Funding
$39.2M
Headquarters
Palo Alto, CA
Founded
2018
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Total Funding
$39.1M
Above
Industry Average
Funded Over
3 Rounds
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.
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.
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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...
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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Industries
Company Size
51-200
Company Stage
Early VC
Total Funding
$39.2M
Headquarters
Palo Alto, CA
Founded
2018
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs