Patriot Software Press Releases

Press Blog

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Patriot Software Closes Reg. D Stock Offering – $15 Million in Total Funding

Patriot Closes Stock Offering After $15 Million

Canton, Ohio

Stock Offering Closed

Patriot Software Company successfully closed its Friends & Family stock offering, culminating in a total capital raise of over $15 million since 2017. The Regulation D stock offering was permanently closed with the SEC effective as of January 31, 2019. Common stock was sold at $16.81/share which was based on the November 2017 valuation of $128 million. Patriot Software Company will no longer sell stock at that valuation. Continue reading “Patriot Software Closes Reg. D Stock Offering – $15 Million in Total Funding”

Patriot Software’s Private Stock Offering Accelerates

July 27, 2018 – CANTON, Ohio – Patriot Software Company, a corporation comprised of six service offerings that generate recurring revenue, five of which are Software as a Service (“SaaS”) solutions, announced that it engaged Stonehaven LLC and Slaine Capital Advisors, LLC to act as external agents as it continues to sell its $20 million offering of the Patriot Software common stock under Regulation D, Rule 506(c) via the Securities Act and Title II of the JOBS Act.   Continue reading “Patriot Software’s Private Stock Offering Accelerates”

Patriot Software Offers up to $20 Million of Common Stock

Common Stock Press Release

May 1, 2018 – CANTON, Ohio – Patriot Software Company, a corporation comprised of six service offerings that generate recurring revenue, five of which are Software as a Service (“SaaS”) solutions, announced that it has opened an investment round of the sale of up to twenty million dollars ($20,000,000.00) of common stock in addition to private subordinated lending to fuel its continued growth and expansion. Investment in Patriot Software will be offered and sold solely to accredited investors. Continue reading “Patriot Software Offers up to $20 Million of Common Stock”

Patriot Software Takes Top Spot on G2 Crowd’s Payroll Software Relationship Index Report

G2 Crowd PR Relationship Index

Canton, Ohio

Patriot Software, LLC received the highest relationship score in G2 Crowd’s Winter 2018 Payroll Software Relationship Index report.

The relationship score is based on reviews indicating customers’ ease of use of the software, satisfaction with support, and likelihood of recommending the product. Continue reading “Patriot Software Takes Top Spot on G2 Crowd’s Payroll Software Relationship Index Report”

Patriot Software Partners With AmTrust to Provide “Pay As You OweⓇ” Workers’ Compensation Insurance

Patriot and AmTrust Partnership

Canton, Ohio

Patriot Software, LLC has partnered with AmTrust North America, Inc., to offer “Pay As You OweⓇ” (PAYOⓇ) workers’ compensation insurance.

AmTrust is a Fortune 500 company and one of the top workers’ comp insurance providers for small businesses in the U.S. Customers of Patriot Software Payroll can use AmTrust PAYOⓇ to automatically calculate their workers’ compensation premiums based on their actual employee payrolls. This saves employers from making large annual or semi-annual payments. Continue reading “Patriot Software Partners With AmTrust to Provide “Pay As You OweⓇ” Workers’ Compensation Insurance”