Niural's $31 Million Boost: A New Era for Payroll and HR Management
June 27, 2025, 4:16 pm
Location: United States, California, San Francisco
Employees: 1001-5000
Founded date: 2010
Total raised: $1.43B
Location: United States, California, Ventura
Employees: 1001-5000
Founded date: 2009
Total raised: $207.5M
In the bustling streets of New York City, a revolution is brewing in the world of payroll and human resources. Niural, an AI-native Professional Employment Organization (PEO), has secured $31 million in Series A funding. This significant investment marks a pivotal moment for the company and the industry at large.
Led by Marathon Management Partners, the funding round also saw participation from existing investors like M13, Inspired Capital, and Newform Capital. The addition of Gokul Rajaram, a seasoned industry leader, to Niural’s board signals a strong vote of confidence. Rajaram’s experience with companies like Coinbase and Pinterest brings a wealth of knowledge to the table.
Niural isn’t just another player in the payroll game. It’s a game-changer. The company was founded by Nami Baral and Nabin Banskota, two entrepreneurs with a vision to transform the payroll landscape. They recognized a glaring issue: the payroll industry has been shackled by outdated infrastructure. Most systems are relics from the 1980s, struggling to keep pace with today’s fast-moving, distributed teams.
Traditional PEOs often leave companies scrambling. They force businesses to juggle multiple vendors, creating a patchwork of disjointed systems. This fragmentation stifles innovation and complicates effective AI implementation. Niural steps in as a beacon of hope, offering a cohesive solution.
At the heart of Niural’s offering is EMMA, an executional AI coworker designed to streamline operations. This platform is not just about managing payroll; it’s about reimagining the entire process. With proprietary tax engines and integrated payment infrastructures, Niural provides an end-to-end solution that addresses the complexities of modern payroll.
The benefits are striking. Companies using Niural can save over 60 hours each month. They can cut HR and foreign exchange costs by up to 50%. Most impressively, payroll errors can be reduced by a staggering 90%. These numbers are not just statistics; they represent real-time savings and efficiency for businesses navigating the complexities of global operations.
The funding will be pivotal for Niural’s growth. It will accelerate the company’s AI capabilities and expand its global reach. The mission is clear: to build an AI-native system of intelligence tailored for the CFOs of modern companies. This is not just about keeping up; it’s about leading the charge into a new era of financial management.
Niural’s momentum is undeniable. The company reported a remarkable 700% annual recurring revenue (ARR) growth last year. Its client roster reads like a who’s who of industry leaders, including Tensor, Polygon Labs, Mob Entertainment, Slingshot AI, and Karate.com. These partnerships are not mere transactions; they are endorsements of Niural’s innovative approach.
The founders bring a wealth of experience to the table. Nami Baral, the CEO, previously founded Harvest, a company that introduced AI agents in consumer financial technology. Nabin Banskota, the President, has extensive financial leadership experience, having served as a CFO with deep expertise in global operations and compliance. Together, they form a formidable team poised to disrupt the status quo.
Niural’s approach is not just about technology; it’s about understanding the needs of modern businesses. As companies expand globally, they face unique challenges. Niural’s platform is designed to address these challenges head-on. It offers a seamless experience that simplifies complex payments and compliance requirements.
The landscape of payroll and HR management is shifting. Niural is at the forefront of this transformation. By harnessing the power of AI, the company is converting a legacy system of records into a dynamic system of intelligence. This shift is not just beneficial; it’s essential for companies looking to thrive in a competitive environment.
As businesses increasingly rely on technology, the demand for integrated solutions will only grow. Niural is well-positioned to meet this demand. Its innovative platform not only streamlines operations but also empowers organizations to focus on what truly matters: growth and innovation.
In a world where time is money, Niural offers a lifeline. The ability to save hours on payroll processing translates to more time for strategic initiatives. Companies can redirect their resources toward innovation, customer engagement, and expansion. This is the kind of value that resonates with CFOs and decision-makers alike.
The future looks bright for Niural. With its recent funding, the company is set to accelerate its growth trajectory. The vision is clear: to redefine payroll and HR management for the modern age. As Niural continues to innovate, it will undoubtedly leave a lasting impact on the industry.
In conclusion, Niural’s $31 million funding round is more than just a financial milestone. It represents a shift in how businesses approach payroll and HR management. With its AI-native platform, Niural is not just keeping pace; it’s setting the pace. The company is poised to lead the charge into a new era of efficiency and innovation, making it a name to watch in the coming years.
Led by Marathon Management Partners, the funding round also saw participation from existing investors like M13, Inspired Capital, and Newform Capital. The addition of Gokul Rajaram, a seasoned industry leader, to Niural’s board signals a strong vote of confidence. Rajaram’s experience with companies like Coinbase and Pinterest brings a wealth of knowledge to the table.
Niural isn’t just another player in the payroll game. It’s a game-changer. The company was founded by Nami Baral and Nabin Banskota, two entrepreneurs with a vision to transform the payroll landscape. They recognized a glaring issue: the payroll industry has been shackled by outdated infrastructure. Most systems are relics from the 1980s, struggling to keep pace with today’s fast-moving, distributed teams.
Traditional PEOs often leave companies scrambling. They force businesses to juggle multiple vendors, creating a patchwork of disjointed systems. This fragmentation stifles innovation and complicates effective AI implementation. Niural steps in as a beacon of hope, offering a cohesive solution.
At the heart of Niural’s offering is EMMA, an executional AI coworker designed to streamline operations. This platform is not just about managing payroll; it’s about reimagining the entire process. With proprietary tax engines and integrated payment infrastructures, Niural provides an end-to-end solution that addresses the complexities of modern payroll.
The benefits are striking. Companies using Niural can save over 60 hours each month. They can cut HR and foreign exchange costs by up to 50%. Most impressively, payroll errors can be reduced by a staggering 90%. These numbers are not just statistics; they represent real-time savings and efficiency for businesses navigating the complexities of global operations.
The funding will be pivotal for Niural’s growth. It will accelerate the company’s AI capabilities and expand its global reach. The mission is clear: to build an AI-native system of intelligence tailored for the CFOs of modern companies. This is not just about keeping up; it’s about leading the charge into a new era of financial management.
Niural’s momentum is undeniable. The company reported a remarkable 700% annual recurring revenue (ARR) growth last year. Its client roster reads like a who’s who of industry leaders, including Tensor, Polygon Labs, Mob Entertainment, Slingshot AI, and Karate.com. These partnerships are not mere transactions; they are endorsements of Niural’s innovative approach.
The founders bring a wealth of experience to the table. Nami Baral, the CEO, previously founded Harvest, a company that introduced AI agents in consumer financial technology. Nabin Banskota, the President, has extensive financial leadership experience, having served as a CFO with deep expertise in global operations and compliance. Together, they form a formidable team poised to disrupt the status quo.
Niural’s approach is not just about technology; it’s about understanding the needs of modern businesses. As companies expand globally, they face unique challenges. Niural’s platform is designed to address these challenges head-on. It offers a seamless experience that simplifies complex payments and compliance requirements.
The landscape of payroll and HR management is shifting. Niural is at the forefront of this transformation. By harnessing the power of AI, the company is converting a legacy system of records into a dynamic system of intelligence. This shift is not just beneficial; it’s essential for companies looking to thrive in a competitive environment.
As businesses increasingly rely on technology, the demand for integrated solutions will only grow. Niural is well-positioned to meet this demand. Its innovative platform not only streamlines operations but also empowers organizations to focus on what truly matters: growth and innovation.
In a world where time is money, Niural offers a lifeline. The ability to save hours on payroll processing translates to more time for strategic initiatives. Companies can redirect their resources toward innovation, customer engagement, and expansion. This is the kind of value that resonates with CFOs and decision-makers alike.
The future looks bright for Niural. With its recent funding, the company is set to accelerate its growth trajectory. The vision is clear: to redefine payroll and HR management for the modern age. As Niural continues to innovate, it will undoubtedly leave a lasting impact on the industry.
In conclusion, Niural’s $31 million funding round is more than just a financial milestone. It represents a shift in how businesses approach payroll and HR management. With its AI-native platform, Niural is not just keeping pace; it’s setting the pace. The company is poised to lead the charge into a new era of efficiency and innovation, making it a name to watch in the coming years.