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Central

Payroll, benefits, state compliance & other bullsh*t for startups

Central kills back-office work for startups. While HR/payroll platforms give you software to figure it out, Central actually does all the work using AI agents and human experts: payroll, benefits, compliance, accounting, taxes, and more. That's 10+ hours back every month. Thousands of founders trust Central, including high-growth companies like Magic Patterns, Wordware, and Bitesight. Learn more and start for free at centralhq.com
Active Founders
Josh Wymer
Josh Wymer
Founder
Josh is the CEO at Central. He was the 12th employee at Mixpanel, ran product engineering, and helped scale it to $1b+ valuation. He's also worked as a software engineer at Meta and played baseball at Virginia Tech.
Pranav Kashyap
Pranav Kashyap
Founder
Pranav is the COO at Central, helping other companies automate back-office work. He previously built payment and tax products for millions of users at Stripe, rebuilt Mixpanel's self-serve and messaging products and spent a number of years working with technology companies at McKinsey and Sequoia Capital. He holds a bachelor's degree in Computer Science from IIT Bombay and an MBA from Wharton.
Nilay Modi
Nilay Modi
Founder
Product & design
Company Launches
Central – Accounting, Taxes & R&D Tax Credits + Payroll, Benefits & State Compliance
See original launch post

~70% of every company’s expenses are related to people.

But today’s HR/payroll and accounting systems are separate. This leads to lost context, and founders end up with more work by having to answer the same questions repeatedly.

Central now solves this by consolidating your entire back-office: accounting, taxes, R&D tax credits plus payroll, benefits, and state compliance.

200+ YC companies have already made the switch to using Central for everything, including Wordware, Bitesight, Offstream, 1849 Bio and Undermind.

Learn more and get started for free at centralhq.com


Why Central for accounting, taxes & R&D credits:

  1. One platform for your entire back-office
    • Onboard once and never answer the same question again across vendors
    • Accurate closed books every month
    • Federal, state, and local franchise tax filings
    • Unlimited 1099s for all contractors
    • Complete R&D study & instant redemption to payroll
    • Includes Central payroll, benefits, and state compliance
  2. Talk to your financials in Slack
    • Query your burn, runway, revenue, etc.
    • Find docs like P&L, balance sheet, etc
    • Get answers to common financial questions
  3. Bookkeeping built for fundraising
    • Better categorization with more company context
    • Proper revenue recognition & asset depreciation
    • Financial summary every month to share with investors
    • Get custom diligence docs & reports fast
  4. Dedicated startup CPA in Slack
    • One point of contact who understands your business
    • Message them anytime in Slack
    • Catch mistakes before they happen.
  5. White-glove migration / set up in 15 mins
    • Run on QuickBooks or Puzzle (you own your account)
    • Just add us as an admin
    • Historical review and clean up

Comes with payroll, health insurance and state compliance:

More info here - centralhq.com

  1. Payroll
    • Pay US employees
    • Pay global contractors in 200+ countries
    • Unlimited pay runs, one-off payments, reimbursements, etc.
  2. Compliance in 50 US states
    • State foreign qualifications and registered agent (required to do business)
    • State payroll registrations (required to run payroll)
    • Workers' compensation insurance (required when you have 1 employee)
    • Government mail handling and past fine resolution
  3. Benefits
    • Access to a licensed health insurance broker
    • Medical, dental, vision, life, disability insurance
    • Guidance to pick the right plans & save money
    • 401(k)
  4. HR & team management
    • Offer letters, CIIAA, and other docs
    • I-9 employment verification
    • Onboarding, off-boarding, severance, etc
  5. Central AI Agent in Slack
    • Find and edit anything like salaries or addresses
    • Start workflows like hiring or firing
    • Retrieve docs like paystubs or certificate of incorporation
  6. 24/7 human support & experts (Slack & email)
  7. White-glove migration & setup (takes 15 mins)

Get started for free - centralhq.com

  • First 50 companies (limited offer) - Free payroll, benefits, state compliance (free period based on team size, needs and batch). Add-on accounting, taxes & R&D credits (see pricing)
  • YC F25 - Everything above + free accounting (ends when you raise post-YC or after 6 months)
  • One quick call to see demo & setup everything. Migrating? We do all the work.
  • No annual contracts. Cancel anytime.
Previous Launches
The first back-office platform that automates all the painful compliance work.
Central
Founded:2023
Batch:Summer 2024
Team Size:15
Status:
Active
Location:San Francisco
Primary Partner:Gustaf Alstromer