How Much Did Digit Payroll Raise?
Funding & Key Investors

Digit Payroll, a New Jersey-based full-service payroll provider, has secured $95K in total funding, with a recent injection of $95K designated for substantial expansion capital. This latest financing round underscores the company's strategic growth phase, positioning it for further market penetration in the competitive payroll and HR services sector.

What is Digit Payroll?

Digit Payroll
Business ServicesAccounting for Legal PracticesHuman Resources Management Systems (HRMS)

Digit Payroll Corporation specializes in delivering comprehensive payroll processing, human resource services, time and labor management, and workers' compensation solutions. With over three decades of operational experience, the company caters to small and mid-sized businesses, leveraging its team of skilled accountants and payroll specialists to provide accurate, personalized services. Their core mission is to streamline payroll management, enabling business owners to concentrate on their primary operational objectives.

How much funding has Digit Payroll raised?

Digit Payroll has raised a total of $95K across 1 funding round:

2021

Debt

$95K

Debt (2021): $95K with participation from PPP

What's next for Digit Payroll?

The significant capital infusion at this Series B/C stage indicates Digit Payroll's intent to scale its operations and potentially broaden its service offerings or geographic reach. This strategic backing is expected to fuel advancements in their technology platform and enhance customer support capabilities, solidifying their position as a trusted partner for businesses seeking efficient payroll and HR solutions. Future developments will likely focus on leveraging this investment to capture greater market share and innovate within the payroll technology landscape.

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Frequently Asked Questions Regarding Digit Payroll Financial Insights

What are the most recent funding rounds that Digit Payroll has completed, and what were the funding rounds?
Digit Payroll has recently completed 1 funding rounds: Debt on Mar 1, 2021.
What is the total amount of funding Digit Payroll has raised to date?
Digit Payroll has raised a total of $95K in funding to date.
How many funding rounds has Digit Payroll completed?
Digit Payroll has completed 1 funding rounds.
How much funding did Digit Payroll raise in its most recent funding round?
Digit Payroll raised $95K in its most recent funding round.
Who are the lead investors in Digit Payroll's latest funding round?
The lead investor in Digit Payroll's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Digit Payroll's history?
The largest funding round in Digit Payroll's history was $95K.
See more information about Digit Payroll