Early Stage

America's Small Business Payroll Service

America's Small Business Payroll Service


Raised this Round: Raised: $326,318

Total Commitments ($USD)



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Min. Goal
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Security Type

Equity - Common



SEC Filing Type

RegCF    Open SEC Filing

Price Per Share


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Financial & Insurance Products & Services

Tech Sector


Distribution Model




Capital Intensity



Beachwood, Ohio

Business Type


Payroll4Free, with a pre-money valuation of $10.7 million, is raising crowdfunding on Wefunder. The company provides payroll service, specifically to small businesses. It helps in reducing the fees and charges associated with payroll services and makes them more affordable. The services of Payroll4Free are free and rich with features. Payroll4Free was founded by Michael Rosenberg and has raised over $2 million since its inception. The current funding round has a minimum goal of $50,005 and a maximum goal of $499,999. The proceeds will be used to begin aggressive marketing, hire a marketing professional, establish revenue-generating partnerships, and enhance payroll functionality. Payroll4Free has thousands of happy clients across the country and is growing fast with a rapid acquisition rate.

Summary Profit and Loss Statement

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Summary Balance Sheet

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Financials as of: 06/21/2020
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type 09/20/2023 Wefunder $13,654,262 $534,998 Equity - Preferred Funded RegCF 04/29/2021 Wefunder $10,700,000 $326,318 Equity - Common Funded RegCF 12/31/2017 Wefunder - $113,471 Debt Funded RegCF
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Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Valuation History

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Employee History

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Add to portfolio on Wefunder
Platform: Wefunder
Security Type: Equity - Common
Valuation: $10,700,000
Price per Share: $10.00

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