OnPay: Benefits Solution Company Raises Over $100 Million
By Amit Chowdhry ● Jan 9, 2025
OnPay, a leading provider of payroll, HR, and benefits solutions, announced that it has secured over $100 million in funding. This funding consists of a $63 million Series B funding round led by Carrick Capital Partners, with participation from AB Private Credit Investors, the middle market private capital platform of AllianceBernstein, and existing investors, and a debt facility provided by MC Credit Partners.