Name

Opolis

Legal name

Opolis, Inc.

Website

https://opolis.co

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Employer of Record / Payroll & Benefits Cooperative

NAICS

Professional Employer Organizations (561330), Business Associations (81391), Labor Unions and Similar Labor Organizations (813930)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Independent Contractor Compliance & Classification (IC vs Employee) (BPACAGAA)

akta.pro secondary industry

Disability & Leave Administration (STD/LTD/FMLA/Paid Leave) (HLAEALAM)

Keywords

• Employer of record services
• Payroll processing platform
• Cooperative benefits administration
• Independent contractor payroll
• Group health insurance

Headquarters

HQ city

Denver

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others, Infrastructure

Revenue model

1. Community Membership (Class B Shares): One-time $97 fee for Class B (non-voting) cooperative shares. Grants access to the Member Social Hub, internal marketplace, educational resources on S-Corp structure and taxes, partner discounts, and cooperative dividend rights. Entry point to the platform with no entity required.
2. Employee Membership Upgrade (Class A Shares): Additional $20 Class A (voting) share purchase required to activate Employee Membership. Confers the right to nominate and vote on the Board of Stewards. One-time fee at the point of Employee Membership activation.
3. Cooperative Fee (Payroll-Linked): Ongoing 1% cooperative fee applied to the semi-monthly payroll invoice total (gross wages + employer payroll taxes + elected benefit premiums). For most Members this works out to approximately $500-$1,000 per year. This is the primary recurring revenue stream, scaling with member payroll volume. No monthly subscription fee beyond this.
4. Entity Creation Service (Optional): Optional service covering LLC Articles of Organization, IRS EIN, S-Corp election (Form 2553), and one year of Registered Agent service. Cost is variable by state, typically $150-600. Average turnaround: 5 days. This is a supplementary one-time professional services revenue stream.
5. Benefits Administration (Passed Through): Group health, dental, vision, 401(k), disability, life insurance, and supplemental coverages are administered through the cooperative and billed through the payroll invoice. Premiums are passed through at cost to Members; Opolis does not mark up benefit premiums. This is not a direct revenue stream but supports member retention and engagement.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

Opolis is a member-owned employment cooperative that acts as Employer of Record for independent professionals operating S-Corps or C-Corps. The cooperative processes semi-monthly W-2 payroll, handles federal/state/local tax withholding and compliance (FICA, 941 filings, W-2 issuance), and administers group benefits including health, dental, vision, 401(k), disability, unemployment, and workers' compensation across all 50 U.S. states and Washington D.C. Members participate in cooperative governance through $WORK tokens and elect the Board of Stewards.

Product overview

Opolis is a member-owned employment cooperative structured around two membership tiers: Community Membership and Employee Membership. Community Membership ($97 one-time) provides entry to the cooperative with access to a Member Social Hub, peer marketplace, educational resources, partner discounts, and the WORK token governance system. Employee Membership (additional $20 + 1% cooperative fee) activates the full W-2 employment infrastructure — Opolis acts as Employer of Record for the member's S-Corp or C-Corp, processing semi-monthly payroll, handling all tax withholding and compliance (FICA, 941s, W-2 issuance), and administering group benefits including Cigna health/dental/vision insurance, solo 401(k) retirement plans, disability, unemployment insurance, and workers' compensation. Add-on services include supplemental coverage (legal, accident, hospital indemnity, life insurance), an entity creation service for LLC/S-Corp formation, and optional crypto payroll rails. The cooperative's WORK token powers governance and patronage tracking across the entire platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Community Membership Entry-level cooperative membership requiring a one-time $97 Class B share purchase, providing access to the Member Social Hub, peer network, internal marketplace, educational resources on S-Corps and taxes, partner discounts, and cooperative ownership with $WORK token accrual and dividend rights.
• Employee Membership Full employment stack for S-Corp or C-Corp operators requiring a $20 Class A share upgrade. Includes W-2 employment status, semi-monthly automated payroll, group health/dental/vision insurance, 401(k) with employer contribution options, disability and workers' comp coverage, full tax compliance (FICA, withholding, 941 filings, W-2 issuance), HR support, and voting rights to elect the Board of Stewards. Billed as a 1% cooperative fee on each semi-monthly payroll invoice.
• Health Insurance Group medical, dental, and vision plans from national carriers (Cigna PPO network) offered through the cooperative's collective purchasing power, with multiple plan tiers from high-deductible HSA-compatible plans to comprehensive PPOs. Premiums are coordinated through the member's semi-monthly payroll invoice and passed through at cost.
• Retirement Planning (Solo 401(k)) Solo 401(k) retirement plans for S-Corp owner-employees allowing contributions as both employee and employer, significantly increasing annual contribution limits versus solo IRA options. Supports Roth and traditional options, with contributions automated through payroll and optional crypto asset allocation within the 401(k) via partner ForUsAll.
• Disability & Income Protection Income protection products including short-term disability (60% salary replacement), long-term disability, unemployment insurance, and workers' compensation. Automatically included for W-2 Employee Members at no separate enrollment required, providing protections typically inaccessible to independent contractors.
• Supplemental Coverage Optional supplemental insurance coverages available through the cooperative including legal insurance (personal and business matters), accident insurance (lump-sum for covered injuries), hospital indemnity (direct cash for covered stays), and term life insurance for family protection.
• Entity Creation Service Optional service assisting members in forming their LLC, obtaining an IRS EIN, and filing S-Corp election (Form 2553), with one year of Registered Agent service included. Typically costs $150–600 depending on state, with an average turnaround of approximately 5 days.

Quantifiable outcome

• ~$10K in total tax savings on $150K revenue via S-Corp salary/distribution split (vs. 1099 full self-employment tax)
• +2 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• NotchBookscoreImplementation/ SI/ Consulting Partner · 1 June 2024NotchBooks is a CPA firm with a dedicated Opolis partnership providing tax preparation and accounting services for independent professionals. Services include business and personal tax preparation (S-Corp Form 1120-S, personal Form 1040, state returns), year-round bookkeeping, strategic tax planning, and guidance on deductions and S-Corp distribution strategy. NotchBooks has a dedicated landing page for Opolis members and provides a free discovery call. Opolis produces clean payroll records and W-2s that feed into NotchBooks's tax optimization process.
• Freelancers UnioncoreStrategic or Co-development Partner · 1 October 2023Opolis announced a partnership with Freelancers Union in October 2023 to offer payroll and benefits to Freelancers Union's 500,000 members. This is a strategic partnership extending Opolis's reach to a large pool of aligned independent professionals. Freelancers Union members gain access to Opolis's cooperative employment infrastructure, W-2 payroll, and group benefits through the partnership.
• Employment Commons LCAcoreStrategic or Co-development PartnerEmployment Commons LCA (Legal Cooperative Association) is the Employer-of-Record entity for Opolis Employee Members. Organized in Colorado, it serves as the legal employer for payroll and compliance purposes, enabling W-2 employment status and group benefits for members. This is the foundational legal infrastructure that makes the cooperative EOR model possible.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Zenefits: PEO and HR platform offering payroll, benefits, and compliance to small and mid-sized businesses. Overlaps Opolis on group benefits purchasing and W-2 payroll infrastructure, though Zenefits targets employers with multiple W-2 employees rather than solo operators.
• Paychex: Established payroll, HR, and benefits provider serving SMBs across the U.S. Overlaps Opolis on payroll processing, tax filing, and benefits administration, with a broader portfolio that includes retirement and insurance services.
• ADP: Largest incumbent payroll and HR services provider in the U.S., offering RUN Powered by ADP, ADP TotalSource (PEO), and benefits administration. Operates broadly across enterprise and SMB with deep multi-state compliance expertise that overlaps Opolis's core offering.

Direct peers

• Justworks: PEO platform providing payroll, benefits, compliance, and HR support to small and mid-sized businesses. Closely overlaps Opolis's W-2 payroll + group benefits offering, though Justworks targets small businesses rather than solo S-Corp operators.
• Gusto: PEO and payroll platform serving small businesses with full-service payroll, benefits administration, and HR. Overlaps Opolis on W-2 payroll, benefits, and tax compliance, though Gusto's customer base is broader SMBs rather than independent S-Corp operators.
• Wave Financial: Cloud-based accounting, payroll, and invoicing software built for small businesses and freelancers. Targets a similar persona to Opolis's independent professional base and offers overlapping payroll and invoicing functionality.
• Rippling: Unified HR, IT, payroll, and benefits platform for small and mid-sized businesses. Overlaps Opolis on payroll, benefits administration, and compliance, but Rippling serves a broader SMB and enterprise customer base.
• Pilot.com: Bookkeeping, tax, and payroll services for freelancers, startups, and small businesses. Closely aligned with Opolis's target persona of independent professionals and offers overlapping tax compliance and financial infrastructure.
• Remote: International EOR and contractor management platform for distributed teams. Matches Opolis's EOR-as-core-service approach and payroll compliance infrastructure, though Remote is focused on global employers rather than U.S. independents.
• Deel: Global Employer-of-Record platform enabling companies to hire and pay international contractors and full-time employees. Closely matches Opolis's EOR model, though Deel focuses on cross-border contractors rather than U.S.-based solo S-Corp operators.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/opolis

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds4 records

Investors25 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Opolis