Workpay
YC W20Nairobi, KE · Founded 2019 · 130 employees · 8 known investors
Workpay provides HR, payroll, compliance, and benefits administration services for businesses with remote and local teams across Africa. The platform offers employer of record (EOR) and people operations management tools designed for the African market.
Founders & leadership· Y Combinator alumni (W20)
Workpay was founded in 2019 by Paul Kimani and Jackson Kibigo Kungu.
PK
Paul Kimaniin𝕏Co-founder · Chief Executive OfficerHe previously worked at Equity Bank and holds a degree in Electrical and Electronic Engineering from the University of Nairobi.
JK
Jackson Kibigo KunguinFounderFounder of Workpay, which provides HR, payroll, compliance, and benefits administration, including employer of record services, for businesses with remote and local teams across Africa. A senior software developer with a background building consumer products for large audiences, primarily focused on iOS alongside a range of web-based platforms and technologies.
EN
Edwin Njuguna MwangiExecutive
DM
David Maina KariukiExecutive
PN
Paul Njoroge KimaniExecutive
Board
NW
Ngetha WaithakaBoard director
RY
Ryosuke YamawakiBoard director
Investors · 8
Y Combinator✓ verifiedSan Francisco · $500K
Acadian Ventures Management, LlcMadison · $500K – $2M
Norrsken22Johannesburg
P1 VenturesGrand Cayman · $100K – $1M
Saviu VenturesAbidjan
VKAV (Verod-Kepple Africa Ventures)Lagos
Musha VenturesreportedSeattle · $25K – $500K
Also in the syndicate · 1
Launch Africa
Reported raises · per SEC filings
Form D private placements$8.8M disclosed across 1 round · 2024
▶$8.8MraisedJun 2024 · 25 investors · Other TechnologyRule 506(b)
▶$8.8MraisedJun 2024 · 25 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Ngetha WaithakaDirector
- Edwin Njuguna MwangiExecutive Officer
- Jackson Kibigo KunguExecutive Officer, Director
- David Maina KariukiExecutive Officer
- Ryosuke YamawakiDirector
- Paul Njoroge KimaniExecutive Officer, Director
- Offering amount
- $9.6M
- Amount sold
- $8.8M
- First sale
- Jun 2024
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 7
by search overlap
ADP250 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.
Shrm228 shared keywordsSHRM is a membership organization for human resources professionals, offering HR certifications, expert-led training, seminars, events, and research on workplace trends. It provides educational resources, networking through local chapters and regional councils, and data-driven insights for HR practitioners.
Personio194 shared keywordsFuture of Work venture capital company based in Stuttgart, founded 2018
Deel193 shared keywordsDeel is a global HR platform that enables businesses to hire, onboard, and manage employees and contractors across borders. The platform handles payroll, compliance, and HR administration for companies managing international workforces.
Oyster184 shared keywordsOyster is an employer of record (EOR) platform that lets companies hire, pay, and manage full-time employees and contractors in over 180 countries without setting up local entities, handling compliant onboarding, contracts, payroll, and benefits. It pairs an automated platform with in-house HR experts and integrates with HRIS, ATS, and accounting systems, serving globally distributed teams.
Gusto154 shared keywordsGusto provides payroll processing, employee benefits administration, and HR management tools to businesses, offering integrated software alongside support services for these functions.
BetterUp153 shared keywordsBetterUp provides an AI-powered coaching and professional development platform that helps organizations support employee growth and wellbeing. The platform serves enterprises and their employees through behavioral science-backed coaching and talent management tools.
Companies competing with Workpay for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Workpay do?
- Workpay provides HR, payroll, compliance, and benefits administration services for businesses with remote and local teams across Africa. The platform offers employer of record (EOR) and people operations management tools designed for the African market.
- Who founded Workpay?
- Workpay was founded by Paul Kimani, Jackson Kibigo Kungu in 2019.
- Who are Workpay's investors?
- Workpay's investors include Y Combinator, Acadian Ventures Management, Llc, Norrsken22, P1 Ventures, Saviu Ventures, VKAV (Verod-Kepple Africa Ventures), Musha Ventures.
- How much funding has Workpay raised?
- Workpay has disclosed $8.8M raised across 1 round.
- Where is Workpay headquartered?
- Workpay is headquartered in Nairobi, KE.