About CuroComp
CuroComp is a company based in Ottawa (Canada) founded in 2010 by Ruth Thomas was acquired by PayScale in August 2021.. CuroComp has raised $3.87 million across 2 funding rounds from investors including PayScale, Downing and Scottish Enterprise. The company has 36 employees as of March 31, 2019. CuroComp offers products and services including Payfactors, MarketPay, and Compensation Planning. CuroComp operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter Ottawa, Canada
- Employees 36 as on 31 Mar, 2019
- Founders Ruth Thomas
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Curo Compensation Limited
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of CuroComp
CuroComp offers a comprehensive portfolio of products and services, including Payfactors, MarketPay, and Compensation Planning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates compensation management for HR processes.
Manages international salary surveys and pay data.
Streamlines merit and increase cycles for organizations.
Funding Insights of CuroComp
CuroComp has successfully raised a total of $3.87M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.4 million completed in December 2017. 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 2
- Last Round Seed — $2.4M
-
First Round
First Round
(01 Jun 2013)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2017 | Amount | Seed - CuroComp | Valuation | Maven Capital Partners | |
| Jun, 2013 | Amount | Seed - CuroComp | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CuroComp
CuroComp has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include PayScale, Downing and Scottish Enterprise. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Multiple sectors are targeted for private equity investments.
|
Founded Year | Domain | Location | |
|
Inheritance tax relief, funds, and bonds are provided across sectors.
|
Founded Year | Domain | Location | |
|
Business development and leadership training programs are offered to companies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by CuroComp
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - CuroComp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Curocomp Comparisons
Competitors of CuroComp
CuroComp 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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll solutions are offered for small businesses.
|
|
| domain | founded_year | HQ Location |
Benefits administration and payroll management are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
|
|
| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
|
|
| domain | founded_year | HQ Location |
Payflow is recognized as a financial wellness application for employees.
|
|
| domain | founded_year | HQ Location |
Cloud-based HR and payroll management solutions are offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Curocomp
Frequently Asked Questions about CuroComp
When was CuroComp founded?
CuroComp was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is CuroComp located?
CuroComp is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Is CuroComp a funded company?
CuroComp is a funded company, having raised a total of $3.87M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.47M, raised on Jun 01, 2013.
How many employees does CuroComp have?
As of Mar 31, 2019, the latest employee count at CuroComp is 36.
What does CuroComp do?
CURO was founded in 2010 and is based in Ottawa, Canada. A cloud-hosted solution for employee compensation management is provided, allowing workflows and parameters to be defined for calculations. Dashboards are included for monitoring approval statuses, budget expenditures, and compensation recommendations in real time. Pay Equity software is also offered for pay gap analysis and tracking equity trends across the organization. Operations focus on the HR technology sector.
Who are the top competitors of CuroComp?
What products or services does CuroComp offer?
CuroComp offers Payfactors, MarketPay, and Compensation Planning.
Who are CuroComp's investors?
CuroComp has 4 investors. Key investors include PayScale, Downing, Scottish Enterprise, and Maven Capital Partners.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.