What is Mosey?
Mosey operates at the intersection of computer software and regulatory technology, providing a sophisticated platform designed to automate the intricacies of payroll and tax compliance. By integrating directly with payroll providers and government agencies, the San Francisco-based company enables HR departments to automate the opening of employer and tax accounts across various jurisdictions. The platform serves as a centralized hub for tracking requirements, ensuring that businesses remain compliant with ever-changing tax laws through real-time alerts and automated deadline management. This solution effectively mitigates the risk of non-compliance while significantly reducing the manual burden on HR professionals.
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, Charge, and SemperVirens
Key Investors in Mosey
Canaan
A venture capital firm specializing in early-stage and growth-stage investments across the technology and healthcare sectors.
Gusto
A leading cloud-based payroll, benefits, and human resources platform provider that invests in innovative fintech and HR-tech solutions.
Charge
A venture capital firm focused on supporting high-growth technology companies that are disrupting traditional business processes.
What's next for Mosey?
With this major enterprise-level funding, Mosey is poised to deepen its product integration capabilities and broaden its geographic footprint. The company's roadmap likely involves enhancing its automated tax recalculation engine to support more complex organizational structures and expanding its network of government agency integrations. By leveraging this strategic investment, the firm aims to solidify its market position as an essential utility for companies navigating the complexities of distributed workforces and fragmented regulatory environments. Future growth will likely focus on scaling operations to meet the increasing demand for automated HR compliance solutions in the enterprise sector.
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