Everee offers payroll software that lets employers provide flexible payout cadences (twice-weekly, every two weeks, monthly) and higher-tier options that allow workers to cash out earnings daily or weekly. The platform also handles typical payroll functions like onboarding and timecard management. Pricing starts at $15 per worker per month for the basic service (dropping to $10 per month with larger employee counts). The company covers employer cash-flow changes when workers accelerate payouts by using a credit facility and records that cost as cost of revenue. Executives say that practice reduces gross margins by roughly five percentage points. Everee recently appointed Brett Barlow as CEO and plans to use new capital to scale growth while remaining positioned to operate through a softer employment market.

Total raised

$10M

Funding rounds

1

Latest round

Series A

Latest activity

Apr 2020