Check

Check

A payroll-as-a-service API that allows to embed payroll directly in a vertical SaaS, HR, or time-tracking platform.

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DateInvestorsAmountRound
-investor investor investor investor investor

€0.0

round
investor

€0.0

round
investor

€0.0

round
investor investor investor

€0.0

round
investor investor

€0.0

round
*

$75.0m

Series C
Total Funding000k

Financials

Estimates*

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Revenues, earnings & profits over time
USD202120222023
Revenues000000000000
% growth-270 %18 %
EBITDA000000000000
Profit000000000000
EV000000000000
EV / revenue00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x
R&D budget000000000000

Source: Dealroom estimates

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More about Check
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CheckHQ is a dynamic startup that operates in the financial technology (fintech) sector, specifically focusing on payroll services. The company's primary offering is an embedded payroll system, designed to be integrated into other software platforms. This allows businesses to build and scale their own payroll services, thereby increasing revenue and customer retention.

CheckHQ's clients are primarily software platforms that want to offer payroll services to their customers. This includes platforms like Homebase, Housecall Pro, and Bambee, which have already partnered with CheckHQ to power their payroll services. The company operates in a market that includes vertical SaaS platforms, workforce management solutions, and staffing and EOR platforms.

The business model of CheckHQ is based on partnerships with software platforms. The company provides the back-end technology and services, while the partner platform builds the front-end customer experience. This model allows for faster market entry and scalability, as it reduces the time and cost required to build a payroll business from scratch.

CheckHQ generates revenue through these partnerships, likely through a combination of setup fees, transaction fees, and/or a share of the payroll service fees charged by the partner platform. The company's services not only provide a new revenue stream for partner platforms but also increase customer engagement and lifetime value.

In summary, CheckHQ is a fintech startup that provides embedded payroll services to software platforms, enabling them to build and scale their own payroll businesses and increase revenue and customer retention.

Keywords: Fintech, Payroll Services, Software Platforms, Embedded Payroll, Partnerships, Scalability, Revenue Growth, Customer Retention, Workforce Management Solutions, SaaS.

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