# Hourly

> Real\-time payroll and pay\-as\-you\-go workers' compensation insurance for businesses with hourly workers\.

## At a glance

| Field | Value |
| --- | --- |
| Category | Specialty Solutions |
| Type | Solutions Provider |
| Region | NA |
| Headquarters | Palo Alto, California |
| Founded | 2018 |
| Stage | Growth |
| Employees | 51-200 |
| Funding | Series A |

## Overview

Hourly is an insurtech company that has built an integrated payroll and workers' compensation insurance platform specifically designed for small and medium-sized businesses with hourly workers. Founded in 2018 by CEO Tom Sagi and headquartered in Palo Alto, California, the platform uses real-time time-tracking data to calculate accurate payroll and automatically adjust workers' comp premiums based on actual hours worked rather than estimated payroll.

By linking time tracking, payroll, and workers' comp insurance into a single platform, Hourly eliminates the problem of large and unexpected audit bills that typically plague small businesses at the end of their workers' comp policy year. The pay-as-you-go model means premiums are calculated and collected continuously, keeping pace with actual payroll rather than estimates.

Hourly serves industries with substantial hourly workforces including construction, landscaping, maintenance and repair, transportation and logistics, manufacturing, and food service. The platform is designed to minimize the administrative burden for business owners who want to eliminate payroll complexity and workers' comp audit surprises.

## Products & services

### Workers' Compensation Insurance

Pay-as-you-go workers' compensation insurance integrated directly with payroll data. Premiums are calculated in real time based on actual hours worked, eliminating year-end audit surprises.

**Key features:**

- Real\-time premium calculation from time tracking data
- Automatic adjustment as employees clock hours
- Instant quotes powered by Origami Risk Core Solution
- Eliminates annual audit adjustments and unexpected bills

*Target users:* Small and medium\-sized businesses with hourly workforces

### Payroll Processing

Automated payroll system integrated with time tracking that processes employee payments with real-time wage calculations.

**Key features:**

- Same\-day direct deposit capability
- Automated tax filing and compliance
- Real\-time wage calculations from time tracking
- Direct integration with workers' comp premium reporting

*Target users:* Small business owners and operators

### Time Tracking

Real-time collection of time, task, and location data from workers that feeds directly into payroll calculations and workers' comp premium adjustments.

**Key features:**

- GPS and location tracking for field workers
- Task and job code tracking
- Feeds automatically into payroll and insurance calculations
- Mobile\-first employee time entry

*Target users:* Businesses with distributed or field\-based hourly workforces

### HR Management

Comprehensive human resources tools for hourly workforce management and employee administration.

**Key features:**

- Employee onboarding and management
- Workforce scheduling and management
- Compliance and reporting tools

*Target users:* Small business owners managing hourly staff

## Category & focus

- Subcategories: Workers Compensation, Payroll Integration, Pay\-As\-You\-Go Insurance
- Insurance verticals: Workers Compensation, P&C Commercial
- Target customers: Employers, Consumers

## Notable customers

- Electrical contracting firm \(customer cited USD 6,500 yearly savings from platform use\)

## Links

- Website: <https://www.hourly.io>
- Directory profile: <https://insurtechlist.com/companies/hourly/>
- About: <https://www.hourly.io/about-us>
- Careers: <https://builtin.com/company/hourlyio>
- Linkedin: <https://www.linkedin.com/company/gohourly>

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*Last updated: 2026\-06\-03*