About Barley
Barley is a company based in Toronto (Canada) founded in 2021 by Jafar O and William Mainguy was acquired by Workleap in July 2025. It operates as a SaaS (Software-as-a-Service). Barley has raised $4 million across 1 funding round from investors including Golden Ventures, Union Capital Company and Workleap. Barley offers products and services including Barley Compensation Platform, Pay Bands, Compensation Analytics, Total Rewards, and Benchmarking Data. Barley operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter Toronto, Canada
- Founders Jafar O, William Mainguy
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Barley Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4 M (USD)
in 1 rounds
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Latest Funding Round
$4 M (USD), Seed
Mar 08, 2023
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Investors
Golden Ventures
& 2 more
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Employee Count
Employee Count
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Acquired by
Workleap
(Jul 07, 2025)
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Products & Services of Barley
Barley offers a comprehensive portfolio of products and services, including Barley Compensation Platform, Pay Bands, Compensation Analytics, Total Rewards, and Benchmarking Data.
Compensation management software for HR and rewards teams.
Tool for creating tailored pay structures across roles.
Analytics to identify pay issues and risks proactively.
Portal to visualize and communicate employee total rewards.
Market data integration for informed compensation decisions.
People of Barley
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Funding Insights of Barley
Barley has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Seed round of $4 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $4.0M
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First Round
First Round
(08 Mar 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - Barley | Valuation | Golden Ventures |
Investors in Barley
Barley has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Golden Ventures, Union Capital Company and Workleap.
| Investor | Description | Founded Year | Domain | Location |
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Seed-stage investments are directed toward North American startups.
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HR platform providing tools for engagement, feedback, performance, and employee development.
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Founded Year | Domain | Location |
Investments & Acquisitions by Barley
Financial Statements - Barley
Barley Comparisons
Competitors of Barley
Barley operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
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| domain | founded_year | HQ Location |
Cloud-based HR and payroll management solutions are offered.
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Frequently Asked Questions about Barley
Barley was founded in 2021 and raised its 1st funding round 2 years after it was founded.
Barley is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Barley is a funded company, having raised a total of $4M across 1 funding round to date. The company's 1st funding round was a Seed of $4M, raised on Mar 08, 2023.
Barley is established as a provider of compensation management software tailored for HR and Total Rewards teams. Solutions are offered to streamline pay structures, compensation reviews, and analytics across organizations. Integration with HRIS platforms is supported to enhance data synchronization. Focus is placed on pay equity, transparency, and benchmarking using market data. Services are designed to reduce manual processes, mitigate risks, and control spending for businesses of varying sizes.
Barley offers Barley Compensation Platform, Pay Bands, Compensation Analytics, Total Rewards, and Benchmarking Data.
Barley has 3 investors. Key investors include Golden Ventures, Union Capital Company, and Workleap.