# Shor

> Shor is a San Francisco fintech (YC S25) that runs international payroll and Employer-of-Record services for startup founders. It pays contractors and full-time employees across 150+ countries by settling on stablecoin rails in the backend while customers transact in ordinary currencies - cutting the intermediary fees that make legacy providers like Deel and Rippling expensive. Setup happens on a single call, payroll runs within a week, and pricing starts at $19/month per contractor and $299/month per EOR employee.

- **Founded:** 2025
- **Headquarters:** San Francisco, California, United States
- **Founders:** Daivik Goel (CEO & Co-Founder), Avi Konduru (Co-Founder)
- **Team size:** 4-6
- **Products:** Contractor Payroll, Employer of Record (EOR), Global Payments / Settlement, AI Payroll Agents
- **Notable:** Accepted into Y Combinator's Summer 2025 batch after multiple prior rejections, Shipped live contractor payroll within one week of building, Backed by Polychain Capital, Goodwater Capital and Founders Capital

## Products & services

- **Contractor Payroll** — Draft locally-compliant contracts in 150+ countries, collect the right tax forms (W-8BEN/W-9), and send the first payment the same day. $19/month per contractor.
- **Employer of Record (EOR)** — Hire full-time employees in 25+ live markets with localized contracts and automatic compliance, without setting up a local entity. $299/month per employee, region-based pricing.
- **Global Payments / Settlement** — Fund once from a US bank via wire or ACH; Shor settles internationally on stablecoin rails in seconds with a flat 2% FX margin and same-day payouts to 25+ corridors. Supports 100+ currencies.
- **AI Payroll Agents** — AI agents embedded in Slack and WhatsApp let founders request tax documents, payment updates and payroll actions without opening a dashboard.

## Achievements

- Accepted into Y Combinator's Summer 2025 batch after multiple prior rejections
- Shipped live contractor payroll within one week of building
- Backed by Polychain Capital, Goodwater Capital and Founders Capital
- Live EOR coverage in 25+ markets and contractor coverage in 150+ countries

## Latest updates

- **2025-08** — Shor announced as part of Y Combinator's Summer 2025 batch and closes reported seed funding.
- **2025-08** — Public launch of international payroll and EOR platform on stablecoin settlement rails, with $19/contractor and $299/EOR pricing.

## Links

- Website: https://shorpay.com
- LinkedIn: https://www.linkedin.com/company/shorpay
- Twitter/X: https://x.com/shor_pay

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Profile page: https://yespress.io/shor-yc-s25
Published by YesPress — https://yespress.io
Last updated: 2026-07-30