TrySome

TrySome is a payroll outsourcing company that specializes in providing streamlined payroll solutions for businesses, particularly in Australia, enhancing operational efficiency and compliance for their clients. Founded in 2015, TrySome operates out of Brooklyn, US, offering payroll outsourcing services. The company has completed one deal, raising USD 0. 060 mn in a SEED round on December 29, 2017.

Specific details regarding the founder's prior ventures are not available. TrySome primarily offers payroll outsourcing services tailored for businesses in Australia. Their core offerings streamline the payroll process for clients, enabling companies to efficiently manage employee payments, tax obligations, and compliance with local regulations. These services are particularly beneficial for small to medium-sized enterprises that may lack the in-house resources to handle complex payroll functions.

By leveraging automated systems and expert knowledge in labor laws, TrySome helps clients minimize errors and optimize operational efficiency. Their client base includes various sectors, such as retail and professional services, primarily serving businesses located in metropolitan areas across Australia, including Sydney and Melbourne. The revenue structure of TrySome is generated through a B2B service model, where clients engage the company for their payroll outsourcing solutions. Clients typically enter into service agreements that may include monthly subscription fees based on the number of employees processed through the payroll system.

This pricing model accommodates varying business sizes, allowing flexibility for both small startups and larger organizations. The company’s flagship services ensure that clients receive timely payroll processing and compliance support, fostering long-term partnerships. Regular transactions between the firm and its clients include ongoing support and updates to adapt to any changes in payroll legislation or client needs. In December 2017, TrySome raised USD 0.

061 mn in SEED funding. The company aims to enhance its product offerings with new features designed to improve user experience and compliance capabilities. Additionally, TrySome is exploring opportunities to expand its market reach into other regions in Australia by 2025, which may include targeting businesses in regional areas outside major cities. The recent funding will be utilized to support the development of these new products and facilitate market expansion efforts.