How Much Did OnTheClock Raise?
Funding & Key Investors

OnTheClock has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This significant backing underscores the company's established position and its ongoing trajectory in the workforce management sector.

What is OnTheClock?

OnTheClock
SoftwareHuman Resources Software

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:

2024

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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Frequently Asked Questions Regarding OnTheClock Financial Insights

What are the most recent funding rounds that OnTheClock has completed, and what were the funding rounds?
OnTheClock has recently completed 1 funding rounds: Debt on Sep 30, 2024.
What is the total amount of funding OnTheClock has raised to date?
OnTheClock has raised a total of $350K in funding to date.
How many funding rounds has OnTheClock completed?
OnTheClock has completed 1 funding rounds.
How much funding did OnTheClock raise in its most recent funding round?
OnTheClock raised $350K in its most recent funding round.
Who are the lead investors in OnTheClock's latest funding round?
The lead investor in OnTheClock's latest funding round was Huntington National Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in OnTheClock's history?
The largest funding round in OnTheClock's history was $350K.
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