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Synopsis
Altos Ventures, a venture capital firm, led a $20m Series A round in Salsa, a developer of payroll infrastructure and tools for developers, SaaS platforms, time & HR tools, and staffing solutions, with participation from Greycroft, SemperVirens, Definition and Better Tomorrow Ventures. "Salsa has always been the fastest way to launch a payroll product—now we're the easiest way to scale. We built Salsa to keep the operational burden off our partners' shoulders, so they can focus on what they do best. This funding lets us double down on automation, flexibility and deep support in industries where payroll is hardest to get right," John Kramer, Salsa, co-founder and CEO.
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