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The Venture Codex

Paychex

911 Panorama Trail South, Rochester, New York, 14625-2396, United States

Overview

Payroll, HR, and benefits outsourcing services.

Deals ยท 12mo

1

Links

WebsiteLinkedInX (Twitter)

Stage focus

Series C

Geographic focus

United States

Sector focus

Accounting
Bookkeeping and Payroll
Financial Services
Human Resources
...

Investment portfolio

1rounds
NAMEDATESIZE
Thatch
Sep 2026Participated
$108 MSeries C
Thatch
Sep 2026Participated
$108 MSeries C
1
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Paychex: 1 funding rounds are recorded in the selected participation categories.All available history.
Paychex: 1 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series C+01

Monthly Deal Activity

Paychex: 1 deals are recorded across 2 months.All available history.
Paychex: 1 deals are recorded across 2 months. All available history
MonthDeals
Sep '261
Oct '260

Sector Breakdown

Paychex: Fintech is the largest displayed sector by deal count (1 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Paychex: Fintech is the largest displayed sector by deal count (1 deals). All available history
SectorDeals
Fintech1
Health & Life Sciences1

Deal Size Distribution

Paychex: 1 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Paychex: 1 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M0
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Paychex: United States has the largest recorded deal count among the displayed regions (1 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Paychex: United States has the largest recorded deal count among the displayed regions (1 deals). All available history
RegionDeals
United States1
Paychex: 11 co-investors are shown, with ADP Ventures sharing 1 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Paychex: 11 co-investors are shown, with ADP Ventures sharing 1 recorded deals. All available history
Co-investorShared deals
ADP Ventures1
Andreessen Horowitz1
Avid Ventures1
Eli Lilly and Company1
General Catalyst1
Index Ventures1
QuantumLight1
Quiet Capital1
Scale Venture Partners1
SemperVirens1
The General Partnership1

Investment Strategy

Paychex: Led accounts for 0% and participating for 100% of round participation.All available history.
Paychex: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating1100%
Paychex: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Paychex: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Bahan Sadegh

Director of Corporate Strategy and Innovation

Efrain Rivera

CFO & Treasurer

Elizabeth Roaldsen, CFA

Senior Vice President of Operations and Customer Experience

John B. Gibson, Jr.

President & Chief Executive Officer

Mark Bottini

SVP Sales

Mike Gioja

CIO/SVP - IT, Product Management & Development

Stephanie Schaeffer

V.P., Chief Legal & Ethics Officer, Secretary

Ted Jordan

Vice President, Service