What is OnTheClock?
OnTheClock provides a comprehensive suite of employee time clock, scheduling, and payroll software tailored for small and medium-sized businesses. Serving over 18,000 clients, the platform offers robust features including mobile and web-based time tracking, shift scheduling, PTO management, and integrated payroll processing. Its core mission is to streamline workforce management, reduce administrative burdens, and enhance accountability through advanced tools like GPS tracking and real-time communication. The company emphasizes exceptional customer support and flexible pricing structures, avoiding long-term contracts.
How much funding has OnTheClock raised?
OnTheClock has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2024): $350K with participation from Huntington National Bank
Key Investors in OnTheClock
Huntington National Bank
Huntington National Bank is a financial institution that provides commercial banking services, likely offering debt financing solutions to established businesses for operational expansion or strategic initiatives.
What's next for OnTheClock?
The recent large-scale, late-stage funding indicates OnTheClock is poised for significant expansion and further development of its platform. This strategic investment will likely fuel enhancements in its existing features, potentially expanding into new market segments or deepening its technological capabilities. The company's focus on streamlining operations for SMBs positions it well for continued growth in a market that increasingly values efficient and integrated workforce solutions.
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