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Everee raises a $10M Series A to scale its worker-friendly payroll software service

This morning Everee, a Utah-based software as a service (SaaS) startup focused on payroll, announced that it has closed a $10 million Series A. The funding event was led by Origin Ventures and Signal Peak Ventures. Previously, Everee had raised a $3.7 million Seed round in mid-2019.
The company is therefore as well capitalized as it has been in its life, right as the economy enters a rough patch. TechCrunch spoke with one of the company’s founders, Ron Ross, and its new CEO Brett Barlow (formerly of Utah unicorn Pluralsight), about the new capital and what it plans on doing with it.

Payroll


According to Ross, the company was founded out of a problem he saw in the market. When his daughter went to college and started working she earned enough to cover her expenses, but her income timing didn’t match her cash flow needs, so she had to ask her parents for occasional loans. Ross wasn’t stoked by the situation, until he dug into it more closely and found that the payroll system of today doesn’t always match well with the cash needs of workers.
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