Name: Patriot Payroll
Brand: Patriot Software
SKU: 63cab2deaf70319ec8842d43
Rating: 4.7 (6492 reviews)

Overview of Patriot Payroll Software Company

Patriot Software, LLC is a U.S.-based SaaS company specializing in affordable, easy-to-use accounting and payroll software for small to midsize businesses. Headquartered in Canton, Ohio, the company serves only U.S.-based businesses and workers, focusing on simplicity, compliance, and cost-effectiveness.

Industry: Financial Software / SaaS / FinTech

Primary Products: Payroll, Accounting, Time & Attendance, HR Software

Target Market: Small to midsize businesses (SMBs) with up to 500 employees

Founding and Growth

Founded: 1986 by Mike Kappel, a serial entrepreneur who built Patriot from his basement.

Evolution: Originally a custom software firm, Patriot pivoted to SaaS in the early 2000s, launching its flagship payroll and accounting platforms.

Growth Trajectory: The company has steadily expanded its offerings and user base, now employing around 160 people as of 2025.

Funding and Valuation

Patriot Software is venture-backed and privately held. Key funding milestones include:

Seed Round: $1.12M in 2016

Series A: Multiple rounds between 2017 and 2021, including $8M in 2017

Series B: Most recent round in August 2023 (amount undisclosed)

Valuation: Not publicly disclosed, but the company is generating revenue and considered a later-stage VC-backed firm.

Product Offerings and Features

Patriot’s product suite is modular and designed for flexibility:

Payroll Software

Basic Payroll: $17/month + $4/employee

Full Service Payroll: $37/month + $5/employee

Features include:
- Unlimited payroll runs
- Multiple pay rates
- Employee/contractor portals
- Direct deposit
- W-2 and 1099 generation
- Tax filing (Full Service only)

Add-Ons

Time & Attendance: $6/month + $2/employee

HR Software: $6/month + $2/employee

Accounting Software: Includes patented dual-ledger system (cash and accrual views)

Patriot Payroll AI and New Features

Recent updates and innovations include:

Dual-Ledger Accounting Patent: Allows users to toggle between cash and accrual views

Real-Time Tax Updates: Ensures compliance with federal, state, and local laws

Improved User Interface: Streamlined dashboard for faster navigation

Mobile Optimization: Payroll and accounting accessible via phone or tablet

Company Culture and Values

Patriot emphasizes:

Customer-Centric Design: Software built for simplicity and affordability

U.S.-Based Support: All customer service is handled domestically

Transparency: No hidden fees, clear pricing, and open cancellation policies

Entrepreneurial Spirit: Founded by a small business owner, Patriot champions SMBs

User Base and Community

Target Users: U.S.-based businesses with fewer than 500 employees

Community Engagement:
- Active support forums and help center
- Discounts for accountants and bookkeepers
- Free training resources and onboarding assistance
Customer Loyalty: Known for high satisfaction due to ease of use and responsive support

Patriot Payroll

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Alternatives

Categories Associated

Payroll Software

Add-Ons