Embedded payroll infrastructure provider Salsa has secured $20 million in a Series A funding round led by Altos Ventures.
Greycroft, SemperVirens, Definition, and Better Tomorrow Ventures also participated in the round, bringing Salsa’s total funding to $30 million.
Salsa’s platform enables software companies to quickly build, launch, and operate fully integrated payroll products, handling everything from worker onboarding to tax filings. This allows clients to bypass the need for in-house expertise or large operational teams.
The company experienced significant growth, expanding more than tenfold in 2024 and doubling its size again in the early months of 2025. Salsa now supports payroll products in all 50 US states and Canada.
John Kramer, CEO of Salsa, stated, “We built Salsa to keep the operational burden off our partners’ shoulders, so they can focus on what they do best. This funding allows us to enhance our automation, flexibility, and support in industries where payroll is particularly challenging.”