Everee is a technology company.
Everee has raised $10.0M across 1 funding round.
Everee has raised $10.0M in total across 1 funding round.
Everee has raised $10.0M in total across 1 funding round.
Everee's investors include Active Capital, Amplify Partners, Army Venture Capital Corp., Bain Capital Ventures, Matt Ocko, Drummond Road Capital, Hoxton Ventures, KCRise Fund, Matchstick Ventures, MetaProp Ventures, Montage Ventures, Origin Ventures.
Everee is a workforce payments and payroll technology platform designed for flexible workforces, enabling businesses to pay W-2 employees and 1099 contractors as often as daily or in real-time, with automated compliance, tax filing, and HR tools.[1][2][4][6] It serves staffing agencies, gig platforms, and workforce software companies, solving payroll rigidity by offering APIs, embeddable components, white-label solutions, and "Everee Credit" for faster payments without cash flow strain, processing $1.7B annually for over 1,500 clients.[2][4][6] Recent innovations like AI-powered automated payroll (2023) and the Flex Platform (2025) eliminate fixed pay cycles, allowing instant, on-demand payroll runs.[2][4]
Everee's founding stemmed from a personal "aha moment": a concerned parent helped his college-aged daughter, who struggled with mismatched paydays and bills despite earning enough, revealing a widespread issue in America where workers lack control over payment timing.[5] This inspired the creation of Everee to challenge outdated payroll practices from the 1950s, empowering "Pay Your Way" flexibility while streamlining HR and payroll.[5][6] Launched as a software development company in Utah with 11-50 employees (now around 31), it pioneered daily pay cycles and evolved into a full-service platform for modern, non-traditional workforces.[1][2][4]
Everee rides the gig and flexible workforce trend, where 36% of U.S. workers are independent contractors demanding speed and control over antiquated bi-weekly pay cycles built for manual eras.[4][5][7] Timing aligns with rising staffing/gig apps (e.g., post-pandemic labor shifts), market forces like worker retention via faster pay, and regulatory pressures for compliant 1099/W-2 handling at scale.[1][2][6] It influences the ecosystem by powering platforms' payroll as a "competitive advantage," enabling same-day pay without ops burden, and pushing industry standards toward real-time processing amid $1.7B annual payouts.[4][6][7]
Everee's trajectory points to dominance in real-time payroll, with Flex Platform expansions likely integrating deeper AI for predictive compliance and global scaling beyond U.S. states. Trends like gig economy growth (projected to 50% of workforce) and embedded finance will amplify demand, evolving Everee from pioneer to essential infrastructure for non-9-to-5 businesses. As payroll becomes a retention moat, Everee positions flexible workforces to thrive without legacy constraints, turning a universal pain—delayed pay—into instant empowerment.
Everee has raised $10.0M across 1 funding round. Most recently, it raised $10.0M Series A in April 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2020 | $10.0M Series A | Active Capital, Amplify Partners, Army Venture Capital Corp., Bain Capital Ventures, Matt Ocko, Drummond Road Capital, Hoxton Ventures, KCRise Fund, Matchstick Ventures, MetaProp Ventures, Montage Ventures, Origin Ventures, Paradigm, Pear VC, Rainfall Ventures, Revolution, Signal Peak Ventures, Silicon Badia, Streamlined Ventures, Techstars, Telescope Partners, The Community Fund, TNT Venture, Tribe Capital, XG Ventures, Elad Kushnir, Jacob Chapman, Jared Kopf |