hourly.io

hourly.io is a unified payroll, workers' compensation, and time-tracking platform engineered for small businesses and gig economy employers. Founded by Tom Sagi and headquartered in Palo Alto, California, hourly.io disrupts the fragmented landscape of payroll and workers' comp by bundling essential HR services into a single, scalable solution. Under the hood, the platform integrates real-time payroll processing, automated workers' compensation coverage, and time-tracking tools—eliminating the need for disparate systems or manual administration. This allows businesses to streamline payroll operations, reduce compliance risks, and pay only for the coverage they need, all while accessing embedded HR support. Backed by a $7.15M seed round led by S Capital and a subsequent $27M Series A, hourly.io has positioned itself as a modern alternative to traditional payroll providers, catering to the evolving needs of hourly wage employers.