About CompTrak
CompTrak is a Technology company based in Toronto (Canada) founded in 2012 by Perry Doody and Lasse Silegren, and was acquired by HRsoft in June 2023. It operates as a compensation management solution provider. It operates in the Technology and Business Services sectors. CompTrak offers products and services including Total Compensation Management, Pay for Performance, Long Term Incentive Management, and Total Rewards Communication. Its focus areas include FinTech, Finance & Accounting Tech, Payroll Management and Enterprise Applications. Its competitors include Gusto, Justworks, KPMG, Earnin and Paylocity and 3 more; 7 of its 8 listed competitors have raised funding.
Company details
CompTrak was founded in 2012 in Toronto, Canada, as a provider of compensation management software. Services encompass incentive and merit review processes, equity plan administration, rewards statements, and compensation governance. Multiple plans can be customized and managed through the platform, which operates on a subscription-based model. The focus remains on supporting corporate compensation strategies in the human resources technology sector.
Products & Services of CompTrak
CompTrak offers a comprehensive portfolio of products and services, including Total Compensation Management, Pay for Performance, Long Term Incentive Management, and Total Rewards Communication.
Manages salary, bonuses, and prorations for employee compensation.
Handles goal-setting and performance reviews for incentives.
Tracks awards and deferred compensation lifecycles.
Facilitates unified rewards and custom branding for employees.
Apps and channels of CompTrak
its YouTube channel HRSoft has 235 subscribers and 30 videos.
Videos from CompTrak
The most watched videos on CompTrak's YouTube channel, HRSoft (235 subscribers). Click a video to play it here.
More on HRSoft.
Investors in CompTrak
CompTrak has secured backing from 1 investor. Prominent investors backing the company include HRsoft.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Cloud-based compensation management software is offered for businesses. | 1996 | hrsoft.com | Maitland, United States |
Investor details for CompTrak
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People of CompTrak
2 people are tracked at CompTrak (2 in leadership).
| Name | Role | Group |
|---|---|---|
Perry Doody | Co-Founder | Leadership |
Lasse Silegren | Co-Founder | Leadership |
Complete people profiles for CompTrak
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Timeline of CompTrak
2 dated milestones of CompTrak across 11 years, from founding to its latest funding, stage changes and deals.
- Founded CompTrak is founded.
- Exit Acquired by HRsoft.
Competitors of CompTrak
CompTrak has 8 listed competitors in our database, 7 of them funded. They include Gusto, Justworks, KPMG, Earnin and Paylocity, 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. | |
| kpmg.com | 1987 | London, United Kingdom | – | 587 | Audit, tax, accounting, strategy, and financial advisory services are provided. | |
| 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. | |
| boozallen.com | 1914 | Mclean, United States | $2.64M | 34,200 | Analytics, cybersecurity, and digital transformation services are provided. | |
| 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. |
Detailed competitors of CompTrak
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Top companies in HR & Workforce Technology
10 companies that operate in the same segment as CompTrak (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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Related news about Comptrak
Complete news archive for CompTrak
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Frequently Asked Questions about CompTrak
CompTrak was founded in 2012.
CompTrak is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
CompTrak was founded in 2012 in Toronto, Canada, as a provider of compensation management software. Services encompass incentive and merit review processes, equity plan administration, rewards statements, and compensation governance. Multiple plans can be customized and managed through the platform, which operates on a subscription-based model. The focus remains on supporting corporate compensation strategies in the human resources technology sector.
CompTrak offers Total Compensation Management, Pay for Performance, Long Term Incentive Management, and Total Rewards Communication.
CompTrak has 1 investor. Key investors include HRsoft.
Yes. CompTrak was acquired by HRsoft in June 2023.