About Compete
Compete is a company based in Ramat Gan (Israel) founded in 2020. Compete has raised $17.5 million across 2 funding rounds from investors including Tiger Global, Vine Ventures and Aleph. Compete offers products and services including Workforce Planning Tool and Salary Benchmarking Service. Compete operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter Ramat Gan, Israel
- SectorsTechnology
- Email••••••••
- Website competewith.com
- Social LinkedIn X Facebook
- Total Equity Funding$17.5M (USD)
in 2 rounds
- Latest Funding Round$15M (USD), Series A
Mar 2022
- InvestorsTiger Global
& 5 more
Products & Services of Compete
Compete offers a comprehensive portfolio of products and services, including Workforce Planning Tool and Salary Benchmarking Service.
Platform for analyzing employee data and optimizing HR decisions.
Provides real-time insights into salaries, benefits, and equity benchmarks.
Funding Insights of Compete
Compete has successfully raised a total of $17.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in March 2022. 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 $17.5M
- Total Rounds 2
- Last Round Series A — $15M
- First Round $2.5M
(Jun 2021)
- Investors Count 6
All 2 funding rounds of Compete with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2022 | $15M | Series A | – | Tiger Global Management | |
| Jun 2021 | $2.5M | Seed | – | Aleph |
6 investors in total: 4 institutional and 2 angel.
Investors in Compete
Compete has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Tiger Global, Vine Ventures and Aleph.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Vine Ventures is focused on health and wellness investments. | – | vine.vc | - | |
Early-stage tech investments in Israel are focused on by Aleph. | – | aleph.vc | Tel Aviv, Israel | |
Venture capital investments are directed toward early-stage technology companies. | – | vineventures.com | New York, United States | |
JB Jeff Babka | - | – | unknown_a45cec6286cf47a38 | - |
BK Barak Kaufman | Angel investor and entrepreneur, co-founder of StalkBuyLove, focused on Indian startups | – | unknown_1fba57b27c9d4e2aa | - |
Investor details for Compete
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Compete
5 people are tracked at Compete (4 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Darren Shein | VP Strategy | Leadership |
Amit Rapaport | CEO & Co-Founder | Leadership |
Anthony Sochan | Australia GTM Partner | Leadership |
Jonathan Jeffries | Australian GTM Partner (via Think&grow) | Leadership |
Sam Stern | Growth & Biz Ops Consultant | Team |
Complete people profiles for Compete
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Timeline of Compete
3 dated milestones of Compete across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Compete is founded.
- Funding First funding round of $2.5M.
- Funding Latest funding round, Series A, of $15.0M.
Competitors of Compete
Compete 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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| justworks.com | 2012 | New York, United States | $147.52M | 55,459 | Benefits administration and payroll management are provided for businesses. | |
| earnin.com | 2012 | Palo Alto, United States | $190.1M | 242 | Real-time access to earned wages is provided fee-free. | |
| paylocity.com | 1997 | Arlington Heights, United States | $37.28M | 4,150 | Cloud-based payroll and HR solutions are provided for businesses. | |
| payflow.es | 2020 | Alcobendas, Spain | $58.23M | – | Payflow is recognized as a financial wellness application for employees. | |
| zenefits.com | 2013 | Tempe, United States | $598.27M | 242 | Cloud-based HR and payroll management solutions are offered. | |
| papayaglobal.com | 2016 | New York, United States | $438M | – | Cloud-based payroll management solutions are offered for businesses. | |
| ultimatesoftware.com | 1990 | Weston, United States | – | 10,754 | Cloud-based payroll and talent management software is offered to businesses. | |
| pagarbook.com | 2018 | Bengaluru, India | $24.84M | 456 | Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises | |
| pave.com | 2012 | San Francisco, United States | $175M | 132 | Cloud-based payroll management is enabled for compensation planning and benchmarking. |
Detailed competitors of Compete
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
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Web traffic of Compete
The website of Compete (competewith.com) receives about 3.3K visits a month.
- Monthly visits3.3K
▲ 43.6% vs previous month
Latest news on Compete
Complete news archive for Compete
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Similar companies to Compete
10 companies that operate in the same segment as Compete (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | – | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | – | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 20,400 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 508.73 M | – | – | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.16 B | – | 1 | |
Cloud-based HRMS software is offered for small and medium-sized businesses. | 2016 | Barcelona, Catalonia, Spain | USD 369.25 M | – | – |
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Frequently Asked Questions about Compete
Compete was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Compete is headquartered in Ramat Gan, Israel. It is registered at Ramat Gan, Tel Aviv District, Israel.
Compete is a funded company, having raised a total of $17.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Jun 2021.
Compete was founded in 2020 in Ramat Gan, Israel, within the HR technology sector. A cloud-based platform is provided for payroll management, incorporating tools to analyze parental leave, work-from-home policies, and health insurance options. Real-time market data is utilized to detect risks associated with outdated compensation packages and to evaluate related gaps in offerings.
Compete offers Workforce Planning Tool and Salary Benchmarking Service.
Compete has 6 investors. Key investors include Tiger Global, Vine Ventures, Aleph, Vine Ventures, and Jeff Babka.