Also known as: Hyko
Gusto for the UK
Company was acquired
Event Year: 2021
Company was acquired
Event Year: 2021
Onfolk streamlined payroll and HR processes for growing teams, replacing cumbersome spreadsheets, disconnected tools, and inefficient email chains with accountants. The platform offered features such as rapid payroll processing, quick onboarding for new employees, automated pension management, seamless accounting integrations, and a centralized system for employee information, time-off tracking, and reporting. The founding team, comprised of software engineers with experience scaling Monzo from 400,000 to 6 million customers, directly addressed the challenges they faced with inadequate payroll providers by creating a solution tailored for modern business needs. Onfolk achieved certification as a payroll software provider from the UK government, further validating its credibility and compliance.
Onfolk streamlined payroll and HR processes for growing teams, replacing cumbersome spreadsheets, disconnected tools, and inefficient email chains with accountants. The platform offered features such as rapid payroll processing, quick onboarding for new employees, automated pension management, seamless accounting integrations, and a centralized system for employee information, time-off tracking, and reporting. The founding team, comprised of software engineers with experience scaling Monzo from 400,000 to 6 million customers, directly addressed the challenges they faced with inadequate payroll providers by creating a solution tailored for modern business needs. Onfolk achieved certification as a payroll software provider from the UK government, further validating its credibility and compliance.
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Summer 2021
B2B
B2B
B2B -> Human Resources
B2B -> Human Resources
Team size: 4
Hiring: No
Team size: 4
Hiring: No