Warp

About

Warp is a US-based company providing an innovative payroll and compliance platform for startups, streamlining their back-office operations with automated solutions and global contractor management.Warp, founded in 2023 and headquartered in New York, US, specializes in payroll and compliance solutions for startups. In June 2026, Warp raised USD 54.78 million in series B funding led by Battery Ventures, with participation from Peak XV Partners, HOF Capital, Sound Ventures, Y Combinator. The founder brings substantial industry experience, having previously launched other startups, although specific details on these ventures are not available.Warp offers a comprehensive payroll and compliance platform specifically designed for startups, facilitating a seamless back-office experience. The core product automates payroll processing for employees and contractors across all 50 states, managing all associated tax obligations, filings, and compliance requirements. By integrating services such as health benefits management and global contractor payments, Warp enables startups to handle complex compliance landscapes effortlessly. The platform is tailored to the needs of fast-growing startups, as evidenced by its positive reception from users, including founders and operations heads who have benefited from reduced time spent managing payroll and compliance issues. Warp's services are available to clients in various geographical markets, focusing on the United States and extending to global contractor payments in over 150 countries, thereby filling a crucial gap for startups looking to simplify their payroll operations.Warp operates a subscription-based revenue model, generating income through its payroll and compliance services offered to startups. Clients subscribe to the platform, which provides them with access to a suite of tools that automate various aspects of payroll, including tax deductions and compliance management. The company's pricing structure includes tiered subscription plans based on the number of employees or contractors managed, ensuring that clients only pay for the services they use. This approach allows Warp to cater to a diverse range of startups, from early-stage companies to more established firms, while maintaining a focus on their flagship service offerings designed to simplify payroll processing and tax compliance. By providing high-quality support and operational efficiency, Warp positions itself as a valuable partner in the financial management of its client base. The company will use the June 2026 funding to expand its artificial intelligence capabilities, strengthen payroll and compliance systems, broaden its employee management products, and grow its workforce.