WARP RAISES $60M SERIES B FOR AI PAYROLL AUTOMATION

Warp CEO Ayush Sharma confirmed the funding exclusively to Axios. The startup uses artificial intelligence to streamline payroll processing and ensure regulatory compliance—a growing category as companies seek to reduce manual HR operations and minimize compliance errors. The Series B reflects investor confidence in the payroll automation sector, where startups are competing to replace legacy systems with modern, cloud-based alternatives. Payroll compliance remains a persistent pain point for businesses, particularly small and mid-sized companies managing complex tax regulations across multiple jurisdictions. Battery's lead investment underscores the venture firm's focus on enterprise software addressing operational inefficiencies. With $85 million in total funding, Warp is positioned to expand its product offerings and customer base as demand for automated HR and payroll solutions continues to rise.