Barley

Toronto, Canada Founded: 2021 • Age: 5 yrs Acquired By Workleap
Cloud-based compensation management software for businesses is provided.

About Barley

Barley is a Technology company based in Toronto (Canada) founded in 2021 by Jafar O and William Mainguy, and was acquired by Workleap in July 2025. It operates as a cloud-based compensation management software for businesses is provided. It operates on a SaaS (Software-as-a-Service) model. 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. Its focus areas include Software and HR Technology. Its legal entity is Barley Inc. Its competitors include Gusto, Justworks, Earnin, Paylocity and Payflow and 5 more; 9 of its 10 listed competitors have raised funding.

Company details

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.

  • Headquarters Toronto, Canada
  • Founders Jafar O, William Mainguy
  • Sectors
    Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website barley.io
  • Social LinkedIn X
  • Acquired by Workleap (Jul 2025)
  • Legal Name Barley Inc.
Key Metrics
  • Total Equity Funding
    $4M (USD)

    in 1 rounds

  • Latest Funding Round
    $4M (USD), Seed

    Mar 2023

  • Investors
  • Acquired by
    Workleap

    (Jul 2025)

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.

Barley Compensation Platform
Software

Compensation management software for HR and rewards teams.

Pay Bands
Feature

Tool for creating tailored pay structures across roles.

Compensation Analytics
Feature

Analytics to identify pay issues and risks proactively.

Total Rewards
Feature

Portal to visualize and communicate employee total rewards.

Benchmarking Data
Feature

Market data integration for informed compensation decisions.

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 $4M
  • Total Rounds 1
  • Last Round Seed — $4M
  • First Round $4M

    (Mar 2023)

  • Investors Count 2

All 1 funding rounds of Barley with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2023$4MSeed–Golden Ventures
Valuation history

3 investors in total: 3 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Seed-stage investments are directed toward North American startups.
–golden.venturesToronto, Canada
-
–unioncapital.com-
HR platform providing tools for engagement, feedback, performance, and employee development.
2006workleap.comMontreal, Canada
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Investor details for Barley

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People of Barley

3 people are tracked at Barley (2 in leadership, 1 in team).

NameRoleGroup
Jafar O
Co-FounderLeadership
William Mainguy
Co-FounderLeadership
Janelle Tan
Customer Success ManagerTeam
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Timeline of Barley

3 dated milestones of Barley across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded Barley is founded.
  2. Funding First funding round of $4.0M.
  3. Exit Acquired by Workleap.

Competitors of Barley

Barley has 10 listed competitors in our database, 9 of them funded. They include Gusto, Justworks, Earnin, Paylocity and Payflow, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gusto.com2012San Francisco, United States$718.35M5,876
Cloud-based HR and payroll solutions are offered for small businesses.
justworks.com2012New York, United States$147.52M55,459
Benefits administration and payroll management are provided for businesses.
earnin.com2012Palo Alto, United States$190.1M242
Real-time access to earned wages is provided fee-free.
paylocity.com1997Arlington Heights, United States$37.28M4,150
Cloud-based payroll and HR solutions are provided for businesses.
payflow.es2020Alcobendas, Spain$58.23M–
Payflow is recognized as a financial wellness application for employees.
zenefits.com2013Tempe, United States$598.27M242
Cloud-based HR and payroll management solutions are offered.
papayaglobal.com2016New York, United States$440M–
Cloud-based payroll management solutions are offered for businesses.
ultimatesoftware.com1990Weston, United States–10,754
Cloud-based payroll and talent management software is offered to businesses.
pagarbook.com2018Bengaluru, India$24.84M456
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
pave.com2012San Francisco, United States$175M132
Cloud-based payroll management is enabled for compensation planning and benchmarking.
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Detailed competitors of Barley

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Top companies in HR & Workforce Technology

10 companies that operate in the same segment as Barley (HR & Workforce Technology), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M–1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M––
Business spends, payments, and rewards are streamlined by automated workflows.
2011Hyderabad, Telangana, IndiaUSD 13.75 MUSD 149.43 M431
Reward-based crowdfunding is facilitated for content creators and musicians.
2013San Francisco, California, United StatesUSD 412.1 M–1,218
Virtual physical therapy and digital pain care solutions are provided.
2015San Francisco, California, United StatesUSD 854.44 M–1,746
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B21,000
Businesses are connected with freelancers via an online marketplace.
1999San Francisco, California, United StatesUSD 140 MUSD 787.78 M600
Tech-enabled mental health solutions for employers are provided.
2016New York, New York, United StatesUSD 473.73 M–3,902
SaaS-driven credit card and spend management solutions platform for businesses
2017Draper, Utah, United StatesUSD 1.2 B–5,356
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Related news about Barley

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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 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's top competitors include Payflow, Gusto and Earnin.

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.

Barley operates through Barley Inc..

Yes. Barley was acquired by Workleap in July 2025.

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