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Overview
Hourly provides a cloud-based platform for payroll, time and attendance tracking, and workers’ compensation insurance for small and medium-sized businesses with hourly employees. It syncs GPS-based time tracking with payroll so workers’ comp premiums are calculated in real time from actual payroll data, avoiding year-end estimates. The mobile-first platform offers automated payroll tax filings, same-day direct deposit, and a subscription model with per-employee pricing. It differentiates itself with pay-as-you-go workers’ comp and a focus on industries with variable-hour workloads, helping SMBs manage costs and administration as they scale across the United States, including a merger with WeSure US.
About Hourly
Industries
Data & Analytics
Enterprise Software
Fintech
Company Size
51-200
Company Stage
Early VC
Total Funding
$39.2M
Headquarters
Palo Alto, California
Founded
2018
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Simplify's Take
What believers are saying
- Hourly’s website says 500+ businesses use it, with demand concentrated in construction.
- Nationwide’s 3,000-producer channel gives Hourly immediate distribution into hourly-worker industries.
- Hourly’s August 2026 pricing and product pages show active commercialization, not dormant technology.
What critics are saying
- July 2025 WeSure US merger makes Hourly dependent on integration, governance, and financing execution.
- ADP, Gusto, and Paychex bundle payroll better and squeeze Hourly’s standalone value proposition.
- If claims data, underwriting, or capital deteriorate, WeSure can absorb Hourly into a loss-making platform.
What makes Hourly unique
- Hourly’s real-time payroll-claims integration keeps workers’ comp pricing tied to actual wages.
- Nationwide’s July 2023 partnership made Hourly an MGU for skilled-trades underwriting.
- Hourly’s 2026 platform covers payroll, taxes, time tracking, and insurance across 50 states.
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Funding
Total Funding
$39.1M
Above
Industry Average
Funded Over
3 Rounds
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
↑ 2%2 year growth
↑ 9%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.
Hourly, <i class="fa fa-info-circle company-popover" data-content="h3Hourly/h3. div. table
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+.
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 is Hiring for 6 Jobs on Simplify!
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About Hourly
Industries
Data & Analytics
Enterprise Software
Fintech
Company Size
51-200
Company Stage
Early VC
Total Funding
$39.2M
Headquarters
Palo Alto, California
Founded
2018
Hourly is Hiring for 6 Jobs on Simplify!
Find jobs on Simplify and start your career today