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Akhil Reddy Profile
Akhil Reddy

@akhilred_

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Tweets along my startup journey. Follow me for tips on building, selling, and raising. ceo @getthera | @ycombinator | @amazon

New York, NY
Joined January 2017
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@akhilred_
Akhil Reddy
6 months
I'm excited to announce Thera's oversubscribed $4M seed round with participation from @ycombinator, @amino_capital, @zillionize, @10xFounders, and House Capital. Notable angels in the round include Oliver Jung, @ChrisJBakke , @andruyeung , @akashmagoon, @bomatson, and many more. I'm incredibly proud of what we've been able to accomplish in such a short period of time. There are few things I can think of that are more meaningful than providing people their livelihoods. Today, hundreds of businesses and thousands of workers around the world rely on us for payroll. The best part is, we're just getting started. It takes a village to build a startup. I'd be remiss not to mention the incredible team, early customers, and day-one supporters who have brought us this far. We wouldn't be here without your unwavering support. To whom much is given, much is to be expected. Stay tuned. Coverage by Venture Beat:
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@akhilred_
Akhil Reddy
2 days
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@akhilred_
Akhil Reddy
2 days
RT @iamjasonlevin: I'm officially an adult. And no, I didn't just get Bar Mitzvahed. I set up an actual payroll system for my team for the…
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@akhilred_
Akhil Reddy
13 days
The secret to our Customer Success is simple - few can replicate it: We really really care about our customers.
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@akhilred_
Akhil Reddy
14 days
Introducing Thera Time Tracking! ✨ Now, you can track hours, manage timesheets, and process payments—all in one place. Many clients previously relied on external time-tracking software, manually exporting data to upload into Thera for invoice creation. Not anymore. With Thera Time Tracking, contractors can clock in, clock out, and submit timesheets for approval—directly within Thera. No other platform seamlessly integrates Time Tracking and Global Payroll like this. Live now for all Thera customers! 🚀
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@akhilred_
Akhil Reddy
15 days
A bit overdue but thanks to everyone who came out to our End of Year Dinner that we hosted with our friends at Builders (of course they run on Thera). The venue and vibes were incredible! It's always refreshing to meet our clients in person! We're planning a few more of these for 2025. I'd love to meet more of you IRL.
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@akhilred_
Akhil Reddy
15 days
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@akhilred_
Akhil Reddy
21 days
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@akhilred_
Akhil Reddy
22 days
I don't think your payroll provider should be taking a cut of your payroll. Do you? A few months ago we ran a test and withdrew $1000 to countries around the world. The results were surprising. Contractors on Thera receive 1-3% more in every paycheck. On a $100K salary that's thousands of dollars annually. We're building the Costco of B2B payments. We don't mark up our FX. In fact, because of the volumes we're doing we get better rates than you'll find anywhere on the market (and we pass on all of those savings to our customers).
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@akhilred_
Akhil Reddy
23 days
Like most sales teams we try to attribute every demo call. Recently, it's been interesting to see many people finding out about us through Chat GPT. Even Chat GPT is smart enough to know that Thera is the best contractor management platform on the market.
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@akhilred_
Akhil Reddy
2 months
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@akhilred_
Akhil Reddy
2 months
We work with the @fuelfinance_ team for FP&A. Similar to Spotify Wrapped, Fuel did a 'Rearview' inspired by Formula 1. Among all of Fuel's clients, we won the title for "Most New Customers Acquired". We've 10Xed our customer base this year. This wouldn't have been possible without our relentless team and the trust of our incredible customers. Here's to an even better 2025!
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@akhilred_
Akhil Reddy
2 months
@NikMilanovic Well said
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@akhilred_
Akhil Reddy
2 months
Your team doesn’t need another mirror; it needs a window. Don’t just hire for culture fit; hire for culture add. Culture fit risks creating an echo chamber. It prioritizes comfort over growth. Culture add brings new perspectives, challenges assumptions, and drives innovation. The best teams don’t look alike, think alike, or act alike—they evolve together. Identify what’s missing on your team—skills, experiences, or viewpoints—and hire candidates who fill those gaps rather than those who simply align. Hiring is part art part science.
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@akhilred_
Akhil Reddy
2 months
One of my favorite things I've implemented at Thera is our Friday unconference sessions. An unconference is a conference without a fixed agenda - attendees set the topics. Every Friday, two team members present anything they're passionate about. Recent sessions that stood out: Gaurav Pandey: Design Thinking Frameworks For Problem-Solving @feosimoesx: Applying Stoic Principles To Daily Life Pratik Mahajan: Using Generalization For Clearer Thinking + Decision Making @yohansudheer: Building Successful Long-Term Relationships These sessions create a space for us to learn from each other’s perspectives, spark new ideas, and build deeper connections as a team. If you haven't tried the unconference format with your team, I highly recommend it - you might be surprised by what you learn!
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@akhilred_
Akhil Reddy
2 months
Today, we're launching our partnership with @TakeCmdHealth. With this partnership, Thera customers can offer ICHRA health care plans to their US workforce. Since their introduction in 2020, ICHRAs have seen rapid adoption. ICHRA's are a modern alternative to small group health insurance that offer flexibility and cost control. We get a lot of questions from founders on the best way to approach benefits. The truth is there isn't a one-size-fits-all answer. We give our customers the freedom to choose what's best for them from an array of options. You can now purchase workers comp insurance and offer 401K plans, small group health insurance, or HRAs from the Thera platform. More details here: www. takecommandhealth . com / thera
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@akhilred_
Akhil Reddy
3 months
@MattRedler Congrats Matt!
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@akhilred_
Akhil Reddy
3 months
We built Thera on the premise that people should get paid how they want to get paid. Through our withdrawal infra, we support local payouts to over 150 countries and an array of different wallets. Today we're excited to announce our partnership with @AstroPay_OK. AstroPay is building a global wallet with multi-currency capabilities, a high-yield savings account, and seamless money transfers. Thera users can now withdraw directly to their AstroPay wallet in over 17 countries. As an added incentive they'll receive 1% cashback.
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@akhilred_
Akhil Reddy
3 months
@starshipneil @ChrisJBakke @chrisbakke Ah you're right! Edited!
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