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  3. Ontop - Wikipedia
Ontop - Wikipedia
From Wikipedia, the free encyclopedia
Ontop
Company typePrivate
IndustryFinancial technology, HR Technology
FoundedAugust 2020; 5 years ago (2020-08)
FoundersJulián Torres Gómez, María Camila Ramírez, Jaime Abella Álvarez, Santiago Aparicio
HeadquartersMiami, Florida, United States
Area served
Global
ServicesGlobal payroll, workforce management, digital wallets
Number of employees
200 (2025)
Websitewww.getontop.com

Ontop is a Miami-based global payroll and workforce management company founded in 2020 in Bogotá, Colombia.[1] The company provides infrastructure for hiring, managing, and paying international employees and contractors.

History

Ontop was founded in Bogotá, Colombia,[2] in August 2020 by Julián Torres Gómez, María Camila Ramírez, Jaime Abella Álvarez, Santiago Aparicio, and Maria Camila.[3][4] The company raised US$300,000 in its first weeks of operation.[5]

In March 2021, Ontop was accepted into the Y Combinator W21 batch and secured US$4.5 million during Demo Day in May 2021.[6][4][7] In October, it closed a US$20 million Series A round led by Tiger Global and Point72.[8][3][5] The company also joined the Endeavor global network in 2021.[9]

In 2023, Ontop raised an additional US$10 million to expand its payroll and financial infrastructure[10] and was included in Y Combinator's “Top Companies 2023” list.[11] In 2024, the company shifted to a single active co-founder, with Julián Torres Gómez becoming chief executive officer.[2] Ontop reached profitability and surpassed US$1 billion in international payments processed in 2025.[2]

Operations

Ontop provides infrastructure for companies to manage and pay their global workforce, with a focus on independent contractors in more than 150 countries. The platform offers services tailored for contractors, including automated contract drafting and finalization, localized legal compliance, onboarding workflows, and global payroll management.

Ontop also has AI tools that automate contract generation, job descriptions, onboarding flows, compliance checks, and operational HR/Finance tasks.[12] It also offers cross-border payment capabilities with multi-currency support and expense administration. Financial services for workers allows access to digital wallet, international transfers, foreign exchange services, and the Ontop Global Card issued by Visa. The company also offers optional engagement and benefits programs, including cashback rewards and wellness-related perks.[13]

Ontop operates globally and employs about 200 people in 25 countries, with headquarters in Miami, United States.[14]

References

  1. ^ Caparroso, José (2025-11-10). "Las 100 startups para ver en Colombia 2025". Forbes Colombia (in Spanish). Retrieved 2026-01-22.
  2. ^ a b c Caparroso, José (2025-10-22). "Esta fintech pasó de quemar capital a ser rentable con IA, superando los US$1.000 millones en pagos procesados". Forbes Colombia (in Spanish). Retrieved 2026-01-22.
  3. ^ a b Joyner, Candy Cheng, April. "Tiger Global dealmakers Scott Shleifer and John Curtius are winning over Miami startups. The latest is QuickNode". Business Insider. Retrieved 2026-01-22.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. ^ a b Caparroso, José (2020-12-14). "Ontop levanta US$1 millón para facilitar la contratación de talento donde sea". Forbes Colombia (in Spanish). Retrieved 2026-01-22.
  5. ^ a b Durán, Camila Bernal (2024-03-21). "El salto de una promesa: así pasó Ontop de 14 a más de 200 empleados en 25 países". Forbes Colombia (in Spanish). Retrieved 2026-01-22.
  6. ^ Tincello, Katie (2020-12-21). "Ontop raises $1M for recruitment platform". LatamList. Retrieved 2026-01-22.
  7. ^ Dorbian, Iris (2021-05-12). "Point72 Ventures leads $4.5m round for Ontop". Venture Capital Journal. Retrieved 2026-01-22.
  8. ^ "Ontop raises $20M to connect employers with international hires". South Florida Business Journal. 2021-10-05. Retrieved 2026-01-22.
  9. ^ "OnTop". Endeavor Miami. Retrieved 2026-01-22.
  10. ^ Latam, Startups (2023-09-19). "Ontop, la colombiana parte de YC, busca triplicar su crecimiento en 2024". Startups Latam (in Spanish). Retrieved 2026-01-22.
  11. ^ "Congratulations to the 2023 YC Top Companies!". Y Combinator. Retrieved 2026-01-22.
  12. ^ Caparroso, José (2025-10-22). "Esta fintech pasó de quemar capital a ser rentable con IA, superando los US$1.000 millones en pagos procesados". Forbes Colombia (in Spanish). Retrieved 2026-01-22.
  13. ^ Caparroso, José (2020-12-14). "Ontop levanta US$1 millón para facilitar la contratación de talento donde sea". Forbes Colombia (in Spanish). Retrieved 2026-01-22.
  14. ^ Durán, Camila Bernal (2024-03-21). "El salto de una promesa: así pasó Ontop de 14 a más de 200 empleados en 25 países". Forbes Colombia (in Spanish). Retrieved 2026-01-22.
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