Asset Manager

Updated:

CloudPay

Global payroll, salary payments and pay-on-demand services – all delivered as managed services through a seamless, unified, global, cloud-based system.

CloudPay

Global payroll, salary payments and pay-on-demand services – all delivered as managed services through a seamless, unified, global, cloud-based system.

General information

Firm type

Asset Manager

Year founded

2006

AUM

Undisclosed

Location

Region

North America

Country

United States

City

Raleigh

Corporate office

Raleigh, NC, United States

Additional offices

Budapest, Hungary · Andover, UK · Makati, Philippines · Singapore · Shanghai, China · Niort, France · San Jose, Costa Rica · Barcelona, Spain · Naples, Italy

Principals

Roland Folz

CEO

John Pearce

Chief Customer Officer

Judith Lamb

Chief Human Resources Officer

Timo Weber

Chief Strategy Officer

Eric De Keizer

Chief Operating Officer

Rahul Raswant

Chief Financial Officer

Tim Johnson

Chief Revenue Officer

Leon Daniel

Group Head of Legal

Tim Grieveson

Chief Security and Risk Officer

Nick Webb

Chief Marketing Officer

Pablo Sierra Peleteiro

Chief Technology Officer

Sector focus

Enterprise SoftwareFinTechHuman Capital Management

Frequently asked questions

Who runs investment decisions at CloudPay?

CloudPay is not an investment firm; it is an operating company providing global payroll and payments software. Strategic decisions are made by CEO Roland Folz and the executive leadership team. Funding has come from external venture and growth-equity investors rather than a single-family allocator.

How does CloudPay source business?

CloudPay grows through direct enterprise sales and through integrated partnerships with HCM platforms including Workday, SAP SuccessFactors, Oracle, HiBob and Ultimate Software. These channel relationships embed CloudPay’s payroll engine inside the HR suites that multinationals already use, making it the default pay-out layer.

Is CloudPay structured as a family office or an operating company?

It operates as a venture-backed enterprise technology company, not a family office. It raised $120 million in 2023 from institutional investors and does not manage third-party capital or a family’s balance sheet. Its 1,000-employee headcount and global office network reflect a growth-stage operating company.

Does CloudPay participate in fund commitments or direct deals?

No. CloudPay is a payroll and payments service provider, not a fund or investment vehicle. It does not make fund commitments or direct investments, though it has itself been a recipient of venture funding — including $50 million and $120 million rounds.

What is CloudPay's known posture on co-investments alongside external GPs?

CloudPay does not co-invest. The firm is an operating business focused on global payroll, payments, and earned-wage access, and it does not deploy capital into external funds or deals. The question itself would be miscast for this entity type.

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