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Categories
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Technology, Financial Services, Service Businesses
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Min Investment
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$250
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Expected Close Date
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April 29, 2024
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Target Raise
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$50.01K-$535.00K
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No. Investors
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278
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Security Price
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$12.50
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Valuation
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$13,654,000
- Number of Employees
- 11
- Cash
- $45,642
- Revenue
- $415,534
- Short Term Debt
- $769,981
- Cost of Goods
- $0
- Long Term Debt
- $2,185,706
- Net Income
- $-321,642
Key Deal Facts
Thousands of very happy clients across the entire United States
Growing fast, rapidly accelerating acquisition rate
2022 client service revenue up 74% compared to same period 2021 (Jan-Jun)
Top choice on review sites including Forbes, Nerd Wallet, Business.org, and SoftwareConnect.
Rated by clients 4.8/5 in service and support
US small business market is 30+ million
Only about 1 million use a payroll service
Management Team / Advisory Board Bios
Michael Rosenberg President & CEOPrior to Payroll4Free.com Mike founded Galaxy Hosted Software LLC and Threshold Data Technology, Inc. He has many years of business leadership experience, with a focus on SAAS and payroll., Marta Mendizabal VP & COOMarta holds an MBA from NYIT and has spent over 16 years with Galaxy Hosted Software managing everything from software design to human resources and financial operations., John Presti VP of Client ServicesJohn has over 35 years of payroll experience. As Operations Manager he directed the startup of Heartland Payroll and growth to 12,000 clients nationally over 12 years. He also spent 18 years with ADP., Carol Emeruwa Director of Payroll Tax ServicesPrior to leading the Payroll4Free.com Tax Department, Carol spent 14 years as a Payroll Tax Accountant for PCC Airfoils, a large, multi-state manufacturing company.