What is Mosey?
Mosey specializes in automating and integrating tax obligation recalculations for businesses. Its platform seamlessly connects with payroll providers and government agencies, enabling HR professionals to automatically establish employer and tax accounts. The solution provides a clear overview of requirements across payroll, registration, and tax domains for various locations, complemented by timely alerts and reminders for new regulations and approaching deadlines. Headquartered in San Francisco, California, Mosey addresses critical compliance needs within the human resources technology sector.
How much funding has Mosey raised?
Mosey has raised a total of $18M across 1 funding round:
Series A
$18M
Series A (2022): $18M with participation from Canaan, Gusto, SemperVirens, and Charge
Key Investors in Mosey
Canaan
Canaan is a venture capital firm that typically invests in early-stage technology and healthcare companies. Their participation suggests a belief in Mosey's foundational technology and market potential.
Gusto
Gusto is a payroll, benefits, and HR platform for small businesses. Their investment in Mosey indicates a strategic alignment or interest in complementary services within the HR and payroll ecosystem.
SemperVirens
SemperVirens is likely a venture capital firm focused on enterprise software and cloud technologies. Their backing suggests Mosey's solution has strong enterprise applicability and scalability.
What's next for Mosey?
The recent Series A financing, characterized as a major strategic investment, positions Mosey for accelerated expansion and product development. This capital infusion is expected to bolster its market presence in the competitive HR tech and payroll compliance space. The company's focus on automating complex tax and registration processes for employers suggests a strategy aimed at capturing a significant share of the enterprise market, leveraging its technology to simplify regulatory burdens for businesses operating across multiple jurisdictions.
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