Portfolio News| September 2025

Poppins Payroll Announces Growth Investment from Spectrum Equity

Spectrum acquires majority stake in Poppins Payroll, and appoints Nafeesa Remtilla as CEO to fuel growth and advance the company’s vision of effortless, compliant household employment.

September 16, 2025 – Poppins Payroll, a leading provider of household payroll for families and caregivers, announced today that it has received an investment from Spectrum Equity, a growth equity firm whose investments include SurveyMonkey, Headspace, The Knot Worldwide, AllTrails, In Tandem, and Ancestry. The investment will help accelerate Poppins’ growth, fueling innovation in its product roadmap and reinforcing its mission to provide cutting-edge technology and exceptional customer service to families and caregivers across the country.

Founded by Alina Nisenzon and Mike Wussow in Boulder, Colorado, Poppins Payroll was created to give families peace of mind in managing household employment. The company has grown steadily as a bootstrapped, founder-led business with tens of thousands of customers.

Concurrent with the investment, the company also announced that Nafeesa Remtilla has been appointed Chief Executive Officer. A seasoned operator and former executive at Robinhood and investment partner at social impact fund Mulago, Remtilla brings deep experience scaling consumer fintech platforms, as well as a personal connection to Poppins’ mission.

“As a parent, I know how daunting it can be to hire and pay household help the right way,” said Remtilla. “I was drawn to Poppins because of the unique combination of an inspiring mission, deep customer love, and the opportunity for growth. I’m honored to build on the strong foundation Alina and Mike have created.”

“We built Poppins to solve a real-world problem for families like ours,” said Nisenzon and Wussow. “We decided to partner with Spectrum because they share our values and have the expertise to grow our business to its full potential. Most importantly, they understand that Poppins’ success is based on providing the best possible service to its customers.”

“Poppins is the kind of business we love to partner with – a deeply customer-centric team which bends over backwards to support its customers and a clear mission to simplify an overlooked but important category,” said Ben Spero, Managing Director at Spectrum Equity. “We’re excited to support Nafeesa and the team as they scale the brand while staying true to its customer-first roots.”

Spectrum Equity Principal Matt Neidlinger added: “Managing the modern household is more complex than ever, and Poppins delivers an elegant, empathetic solution that truly makes life easier. We’ve long admired this business and see significant opportunity to scale thoughtfully – through organizational design, talent development, go-to-market expansion, and a product roadmap that brings even more value to busy families and their caregivers.”

With Spectrum’s investment and operational expertise, Poppins plans to grow its team, expand product capabilities, and build the infrastructure to meet accelerating demand.

About Poppins Payroll
Poppins Payroll streamlines the complex process of paying household employees through automation, compliance, and human-centered support – giving families peace of mind, time savings, and confidence in managing in-home caregivers.

About Spectrum Equity
Spectrum Equity is a leading growth equity firm providing capital and strategic support to innovative companies in the information economy. For over 30 years, the firm has partnered with exceptional entrepreneurs and management teams to build long-term value in market-leading software, data, and consumer internet businesses. With offices in Boston, San Francisco, and London, the firm is investing its tenth fund with $2 billion in limited partner capital. Representative investments include AllTrails, Ancestry, Definitive Healthcare, GoodRx, Lucid Software, Origami Risk, SurveyMonkey, and Verafin.

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