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Opolis
Opolis is a public utility platform for employment that provides payroll, benefits, and tax compliance services for freelancers and independent workers. It allows them to maintain their flexibility while accessing the safety and security typically associated with a traditional W2 job.
Distributed
Description
Opolis is a cooperative platform designed for independent workers, empowering them to manage their business operations. The service facilitates the formalization of businesses through entities like S or C Corps to optimize tax savings. Opolis acts as an Employer of Record (EoR), enabling freelancers to run their own payroll, receive consistent semi-monthly paystubs, and a W2. The platform offers access to group benefits, including health insurance, health savings accounts, 401K plans, unemployment, and life insurance, leveraging the community's size to potentially reduce premium costs. It also simplifies tax remittance by automatically withholding and processing the necessary taxes. Furthermore, members can earn rewards for utilizing the platform's services.Grant Funding
VC Funding
None
2021
2023
$0
$9.2M