Company Profile (AI Text)
Name: Payroll4Free.com
Canonical URL: https://wefunder.com/payroll4freecom
Updated at: 2026-06-04T05:02:03Z

Tagline: America's Small Business Payroll Service
Elevator pitch: Payroll4Free.com is a payroll service company, much like ADP or Paychex, except that we focus on very small businesses and offer the basic services free of charge (optional premium services are between $25 and $30 per month). The services are primarily supported by payroll-related offerings and by advertising that is displayed on the payroll software. Our small business owner clients provide a very valuable target market for advertisers who offer products and services intended for business use.

Key claims:
- Total raised on Wefunder: 850868 | citation: https://wefunder.com/payroll4freecom#claim-total-raised
- Total investors: 737 | citation: https://wefunder.com/payroll4freecom#claim-total-investors

Verified facts:
- Total raised on Wefunder: 850868 | observed_at: 2026-06-04T05:02:03Z | expires_at: 2026-06-05T05:02:03Z
- Total investors: 737 | observed_at: 2026-06-04T05:02:03Z | expires_at: 2026-06-05T05:02:03Z

Computed metrics:
- total_amount_raised: 850868
- total_investors: 737
- team_size: 3
- featured_investor_count: 1
- faq_count: 5
- recent_post_count: 0

Quick facts:
- Thousands of very happy clients across the entire United States | citation: https://wefunder.com/payroll4freecom#claim-fact-1
- Growing fast, rapidly accelerating acquisition rate | citation: https://wefunder.com/payroll4freecom#claim-fact-2
- 2024 Q1 client service revenue up over 25% compared to same period 2023 | citation: https://wefunder.com/payroll4freecom#claim-fact-3
- Top choice on review sites including Forbes, Nerd Wallet, Motley Fool and Business.org. | citation: https://wefunder.com/payroll4freecom#claim-fact-4
- Largely automated many manual processes relating to client onboarding and tax filings | citation: https://wefunder.com/payroll4freecom#claim-fact-5
- Rated by clients 4.8/5 in service and support | citation: https://wefunder.com/payroll4freecom#claim-fact-6

FAQ:
- Q: What is your current monthly growth rate? How many active users do you have and what is the estimate minimum number of users you need to reach break even point?
  A: We have added our 1,000th client on June 13, 2017. With virtually no marketing expense, we are adding 40 - 50 new clients each month. Profitability is a factor not only of the number of clients, but also the number of and revenue from advertisers. Based on our experience so far, we project operating at a profit (break-even) at 5,000 clients. One of the major goals of this funding is to have a marketing and internal support staff budget that will allow for a major increase in the rate of clien...
- Q: What are the other ways that you make money except advertisements and premium service charges?
  A: In the future, we expect to add additional revenue streams, one of which is insurance (particularly payroll-related insurance such as Workers Compensation). We hope to do this in partnership with many of the thousands of independent insurance agencies throughout the US.
- Q: Are investors if they invest $250 only to get back $500 eventually or does the 5% keep going on forever?
  A: Under Revenue Share, Payroll4Free.com will pay 5% of its revenue to investors, until each investor has received double the initial investment. So if you invest $250, you will receive a total of $500.
- Q: What is your retention rate of the 40 to 50 new clients you sign up monthly? When does this round of raising money end?
  A: Our retention rate varies, but over time we have lost about 35% of clients, mainly due to the fact that they have gone out of business (since many of our clients are very small startups). This round will end in 180 days since it started (6/26). We may choose to end earlier once a certain level of goal has been met, if we feel that it will be to our benefit not to wait.
- Q: when does this round close and for the $2k investment is it 2 nights in a hotel?
  A: Yes, one hotel room is included for two nights in the $2,000 level investment perk, along with the other items listed.