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Wage Secures $5M To Scale Credential-Less Payroll Data Api

Apr 13, 2021•over 4 years ago

Amount Raised

$5 Million

San Francisco

Description

Wage, an infrastructure software solution that lets people seamlessly and securely share their payroll data with third parties, announced today the close of $5M in funding to scale customer acquisition and support additional payroll data partnerships. The round was led by Google's AI-focused venture fund, Gradient Ventures, with follow-on investment from 8VC, Pear Ventures, Bloomberg Beta, CoFound Partners, and executives from SoFi, Public, Zillow, and Affirm.

Company Information

Company

Wage

Location

San Francisco, California, United States

About

Wage, Inc. is an infrastructure API company that lets people seamlessly and securely share their payroll data with third parties they authorize - such as lenders, landlords, hiring managers, or other fintech services. Through partnerships with the leading payroll providers, human capital managers, and professional employer organizations, Wage provides direct-source payroll data, making it faster and more cost-effective than manual alternatives. To date, the company works with payroll companies covering over 30 million employees who work at firms such as Amazon, Delta, Best Buy, Starbucks, Dell, Hyatt, and tens of thousands of others. Headquartered in San Francisco, Wage was founded in 2018 by Ben Prawdzik and Shaan Patel.