$20.6M
+$20.6M this year1 filing since 2026 · latest Equity filed
Niural is an AI-native platform for global payroll, benefits, payments and employment compliance, used by companies from startups to enterprises in more than 150 countries. It combines a PEO, US payroll, employer-of-record and contractor management, global bill pay and an HRIS in one system, so a company can run domestic and international payroll from a single dashboard. Its EMMA agent executes payroll and compliance tasks rather than only advising on them, and the company launched Niural AI Labs in 2026 to build longer-horizon agents. Niural was founded in 2022 by Nami Baral and Nabin Banskota and reports crossing $200 million in annualized gross revenue on its PEO product.
What sets it apart
An AI-native rather than AI-added stack: the EMMA agent executes payroll and compliance work end to end, and customers can start on the PEO and move to an ASO model without a platform migration.
A unified payroll, HR and payments platform covering PEO, US payroll, employer of record, contractor management, benefits administration and global bill pay across 150+ countries.
