Payslip secured €8.3 million in investment from investors led by MiddleGame Ventures.
Payslip, a Mayo, Ireland-based payroll provider company, announced completing a €8.3 million ($10.1M) capital funding round.
The money was raised from investors led by MiddleGame Ventures, joined by Mouro Capital and Dublin-based Frontline Ventures and Tribal.vc, both of which previously backed Payslip. A number of angel investors also participated, including David Clarke, former chief technology officer of Workday.
Payslip, founded in 2016 by CEO Fidelma McGuirk, provides payroll-related solutions for clients, including data standardisation and automation, reporting and analytics, and compliance. The company aims to simplify and reduce the costs of managing a global payroll for businesses with employees in multiple jurisdictions, and works with customers including LogMeIn and Airbus.
Payslip previously raised $3 million in 2020, out of a total of $4.2M.