Sonovate is the financial infrastructure behind recruitment and contingent labour businesses. We help agencies, consultancies and talent platforms fund, pay, operate, protect and scale, wherever their clients are in the world. We started as a challenger to the banks. Today, recruiters choose us when they’d rather be paid on day one than wait 60 days, with payments, workflow and back-office support built around that funding. Our first £1bn of funding took four years. Our latest took six months. Sonovate in numbers: * £9bn+ funded since 2015 * 2 million invoices funded * 3,300+ clients * 40,000 contractors * 44 countries * 500k+ payments made to contractors
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The Sonovate annual revenue was $48.3 million in 2026.
Damon Chapple is the CEO and Founder of Sonovate.
124 people are employed at Sonovate.
The NAICS codes for Sonovate are [52, 56, 522, 561].
The SIC codes for Sonovate are [73, 7361, 61, 736, 616].