Atomic announced a $22 million Series A round of venture capital for its payroll API for consumers. This brings its total raised to $28.6 million. The round was led by Core Innovation Capital.
The company told Techcrunch that it aims to “unlock the power of the paycheck” by letting consumers connect pay to different services. Another example of fintech meeting work tech with employee first solutions.
$13.7 billion was invested globally in work tech through Q3 2021 across 299 deals. WorkTech Market Insiders can access insights and analysis of all of the deals in our Q3 report with a free membership.
- Analysis: UK-based Pento Raises USD $35M to Move European SMEs Off of Payroll Outsourcing
- Analysis: Germany-based Personio Raises $270 Million at a $6.3 Billion Valuation for SMB-focused Core HR Platform
- Deel Raises $425 Million Series D with $5.5B Valuation for its Global Payroll and Compliance Solution