← Embedded Finance Index 2026

Warp (Payroll)

Can an AI-native payroll platform fully automate the compliance, benefits, and HR operations that legacy providers have kept deliberately manual — and become the default workforce OS for high-growth companies?

Founded2023
HQNew York City, NY
FoundersAyush Sharma (CEO), Adam Rankin (CTO)
Total raised$85M
Latest roundSeries B, June 2026
IndustryHorizontal SaaS / HR & Payroll
The story

Founded as an AI-native payroll platform specifically targeting high-growth startups frustrated with legacy HR software. Warp differentiated by building autonomous AI agents that handle end-to-end tax compliance, state registrations, and notice resolution — not just software-wrapped manual processes. The company expanded from core payroll into a full employee management OS (HRIS, benefits brokerage, IT management, global contractors) within roughly two years, positioning itself as the workforce infrastructure layer for companies scaling from 10 to 500+ employees.

Last 12 months
2026-02
2026-03
2026-06
Product timeline
2023
Warp (Poaster Technologies, Inc.) founded by Ayush Sharma and Adam Rankin, targeting AI-native payroll for high-growth startups.· pivot
2024
Raised $25M in total funding led by Sound Ventures to build AI-native HR, payroll, and tax compliance for startups.· banking
2025
Launched global contractor payroll covering 150+ currencies at near-Google FX rates and expanded to all 50 US states.· payroll
2026
Rebranded to warp.co (purchased domain for $100K) and launched new brand identity in March 2026.· pivot
2026
Raised $60M Series B led by Battery Ventures bringing total funding to $85M; announced IT Management (MDM, SSO, device management) module.· banking
The stack
4 layers disclosed in Warp (Payroll)’s embedded-finance stack
Payments / PSP
Stripe
Money movement
in the full report
Payroll
in the full report
Accounting
in the full report
Accounting gap: minor
8 more providers across 3 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.