Payroll4Free.com (2018)
About this raise
Payroll4Free.com is raising funds on Wefunder. The company provides payroll services, specifically to small businesses. Payroll4Free.com helps in reducing the fees and charges associated with payroll services and makes them more affordable. Payroll4Free.com has thousands of happy clients across the country and is growing fast with a rapid acquisition rate. Carol Rosenberg founded Payroll4Free.com in May 2012. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $1 million. The campaign proceeds will be used for sales and marketing, technology enhancement, hiring, expansion of support staff, and working capital.
Investment Overview
Invested : $113,471
Deal Terms
- Platform
- Wefunder
- Start Date
- 05/12/2017
- Close Date
- 01/01/2018
$50,000
$1,000,000
$100
Debt
RegCF
Company & Team
Company
- Year Founded
- 2019
- Industry
- Financial & Insurance Products & Services
- Tech Sector
- Location
- Beachwood, Ohio
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$14,381
as of FY2016
-
Runway
-
10 months
as of FY2016
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Company Funding & Growth
Funding history
| Offering Name | Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Payroll4free.com | 05/01/2025 | Wefunder | $19,820,955 | $84,821 | Equity - Preferred | Funded | RegCF |
| Payroll4Free.com | 09/21/2023 | Wefunder | $13,654,262 | $534,998 | Equity - Preferred | Funded | RegCF |
| Payroll4Free.com | 04/30/2021 | Wefunder | $10,700,000 | $326,318 | Equity - Common | Funded | RegCF |
| Payroll4Free.com | 01/01/2018 | Wefunder | - | $113,471 | Debt | Funded | RegCF |