DSD Invest
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Payfield

Løn og compliance i 40 lande

Active

Payfield lets a company hire and pay people in 40 countries without opening a local entity in each one. It runs payroll, files taxes, handles statutory benefits and keeps employment contracts in line with local law, all from a single account. A startup with staff in six countries can run payroll for all of them in an afternoon.

Aoife and Karan met while leading international expansion at a Dublin software company, where setting up payroll in a new country took four months and a stack of local advisers. We got to know them in 2018 and led the Series B two years later, when Nadia joined the board.

Payfield now pays more than 180,000 people each month on behalf of 9,000 employers, and it holds its own payroll licences in 28 of its 40 markets.

Founders

Aoife Byrne

Co-founder and CEO

Karan Mehta

Co-founder and CTO

Funding history

$392M raised across 5 rounds

  1. Seed · $3M

    Led by Alderhill Ventures

  2. Series A · $14M

    Led by Brightwater Seed

  3. Series B · $45M

    DSD Invest invested

    Led by DSD Invest

  4. Series C · $110M

    DSD Invest invested

    Led by Westerly Growth

  5. Series D · $220M

    Led by Kestrel Ridge