Hourly
Palo Alto, US · Founded 2019 · Delaware corporation · 6 known investors
Hourly is a platform that combines payroll, time tracking, HR, and workers' compensation insurance in one system, using real-time wage data to keep insurance premiums accurate. It serves business owners with hourly and blue-collar workforces across industries such as construction, logistics, manufacturing, and hospitality.
FintechHR TechInsurTechSaaS
Founders & leadership
Hourly was founded in 2019 by Shay Litvak, Tomer Sagi, and Tom Sagi.
SL
Shay LitvakCo-founder
TS
Tomer SagiCo-founder
TS
Tom SagiinCo-founder & CEO
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Tal SagiNamed on SEC filing
AF
Amir FaintuchNamed on SEC filing
Board
HS
LL
Investors · 6
Reported raises · per SEC filings
Form D private placements$34.1M disclosed across 2 rounds · 2019–2022
▶$27MraisedMay 2022 · 13 investors · Other TechnologyRule 506(b)
▶$27MraisedMay 2022 · 13 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Tal SagiExecutive Officer, Director
- Amir FaintuchDirector
- Shay LitvakExecutive Officer, Director
- Haim SadgerDirector
- Lior LitwakDirector
- Tomer SagiExecutive Officer, Director, Promoter
- Offering amount
- $30M
- Amount sold
- $27M
- First sale
- Apr 2022
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$7.2MraisedSep 2019 · 23 investors · Other TechnologyRule 506(b)
▶$7.2MraisedSep 2019 · 23 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Tomer SagiExecutive Officer, Director, Promoter
- Tal SagiDirector
- Shay LitvakExecutive Officer, Director
- Haim SadgerDirector
- Aiala PeterburgDirector
- Amir FaintuchDirector
- Offering amount
- $7.2M
- Amount sold
- $7.2M
- First sale
- Sep 2019
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
2 people who came through Hourly went on to found or lead other companies.
Competitors · 10
by search overlapIntuit®11609 shared keywordsIntuit develops financial software products—including TurboTax, Credit Karma, QuickBooks, and Mailchimp—for consumers and small businesses to manage taxes, credit, accounting, and marketing. It serves approximately 100 million customers worldwide.
OnPay8650 shared keywordsOnPay provides online payroll, HR, and benefits management software for small businesses, handling pay runs, tax calculations, deductions, and compliance. It integrates with accounting software, 401(k) plans, and benefits tools to keep business operations in sync.
homebase8500 shared keywordsHomebase is a management platform for small businesses that includes team messaging, scheduling, shift tracking, onboarding, and payroll features. It serves restaurants, retail, and other hourly-wage businesses with tools for employee communication, scheduling, and performance tracking.
ADP8178 shared keywordsADP provides cloud-based human capital management solutions that integrate payroll, HR, talent management, time and attendance, tax, and benefits administration for businesses globally. The company serves as a comprehensive provider of HCM software and business outsourcing services with analytics and compliance expertise.
Paycor7828 shared keywordsPaycor provides human capital management and payroll services for business leaders and frontline managers. The platform offers talent management, workforce management, benefits administration, and compliance tools.
Gusto6290 shared keywordsGusto provides payroll processing, employee benefits administration, and HR management tools to businesses, offering integrated software alongside support services for these functions.
Rippling6036 shared keywordsRippling is a workforce management platform that unifies HR, IT, finance, and employee data across a business. It integrates with 600+ applications to help organizations operate more efficiently.
Fresh Books5773 shared keywordsFreshBooks is a cloud-based accounting and invoicing platform designed for small service-based businesses. The software helps business owners manage invoicing, accounting, and financial connections with customers.
Oyster5160 shared keywordsOyster is a global employment platform that lets companies compliantly hire, pay, and manage full-time employees and contractors in other countries without establishing a local entity. It serves growing companies seeking to build distributed international teams across 60+ countries.
Justworks5114 shared keywordsOnline platform handling payroll, payments, benefits, and compliance.
Companies competing with Hourly for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Hourly do?
- Hourly is a platform that combines payroll, time tracking, HR, and workers' compensation insurance in one system, using real-time wage data to keep insurance premiums accurate. It serves business owners with hourly and blue-collar workforces across industries such as construction, logistics, manufacturing, and hospitality.
- Who founded Hourly?
- Hourly was founded by Shay Litvak, Tomer Sagi, Tom Sagi in 2019.
- Who are Hourly's investors?
- Hourly's investors include Evolution Ventures, Glilot Capital Partners, MS&AD Ventures, Sienna Venture Capital, J-Ventures, S Capital.
- How much funding has Hourly raised?
- Hourly has disclosed $34.1M raised across 2 rounds.
- Where is Hourly headquartered?
- Hourly is headquartered in Palo Alto, US.