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
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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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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$17.5 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Series A
Mar 15, 2022
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Investors
Tiger Global
& 5 more
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Employee Count
Not available
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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.
People of Compete
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Leadership Team
2 people
Australia Team
1 people
Australian Team
1 people
Growth Team
1 people
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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.
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.
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Venture and private equity investments are managed with global diversification.
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Vine Ventures is focused on health and wellness investments.
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Early-stage tech investments in Israel are focused on by Aleph.
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Investor details for Compete
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Investments & Acquisitions by Compete
Investment portfolio details for Compete
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Financial Statements - Compete
Detailed financials for Compete
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Compete Comparisons
Peer comparison for Compete
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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 year | HQ Location | Description |
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Cloud-based HR and payroll solutions are offered for small businesses.
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Benefits administration and payroll management are provided for businesses.
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Real-time access to earned wages is provided fee-free.
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Cloud-based payroll and HR solutions are provided for businesses.
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Payflow is recognized as a financial wellness application for employees.
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Cloud-based HR and payroll management solutions are offered.
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Detailed competitors of Compete
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Latest news on Compete
Complete news archive for Compete
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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.
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.