Warp Raises $60 Million Series B To Build AI-Native Employee Management Platform

By Amit Chowdhry • Today at 8:38 AM

Warp announced that it has raised $60 million in Series B funding to accelerate development of its AI-native employee management platform.

The company is building a single platform for payroll, HR, compliance, benefits, IT, onboarding, offboarding, and workforce operations.

Warp said the round came as companies increasingly look to run leaner people operations teams by automating administrative workflows and allowing HR, finance, and operations teams to focus on more strategic work.

The company said its average customer is growing five times faster than peers while operating with one-tenth of the HR and administrative overhead.

Warp’s thesis is that employee management is one of the major enterprise software categories that can be rebuilt around AI. The company said payroll, tax compliance, benefits administration, onboarding, offboarding, and workforce operations are complex reasoning problems involving thousands of jurisdictions, changing regulations, and real financial consequences when errors occur.

Rather than adding AI chatbots to existing workflows, Warp said it has rebuilt each function around the idea that software should complete work in the background.

The company currently supports companies ranging from 5 to 5,000 employees. Payroll runs in seconds across all 50 states, while compliance agents monitor regulatory changes, register accounts, file returns, and resolve agency notices.

Warp also automates benefits administration, carrier management, and payroll deductions. When a company hires an employee, accounts, apps, and devices can be provisioned instantly. When an employee leaves, access can be removed automatically.

The company said it doubled annual recurring revenue in the first quarter and is on track to process at least $2 billion in payroll volume this year.

Warp has also signed enterprise customers with thousands of employees and recently launched two major products: Warp benefits brokerage and Warp Fabric, its AI-native IT automation suite.

The new financing will support deeper AI agents, expanded tax and compliance infrastructure, a broader product suite, and more hands-on customer support.

Warp has grown from 15 employees to more than 50 in the last six months, with its team working in person in New York. The company expects to reach 200 employees over the next year.

Warp said its customers include fast-growing companies such as Bland AI, Serval, Campfire, Corgi, Reducto, and Greptile.

The company’s mission is to give ambitious American companies Workday-grade capabilities with consumer-grade usability.