HeyWelcome

New York, United States Founded: 2004 • Age: 22 yrs Acquired By BambooHR
A cloud-based platform for employee compensation planning is provided.
Annual revenue - Latest available
Total funding $7.4M 2 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About HeyWelcome

HeyWelcome is a company based in New York (United States) founded in 2004 by Nick Gavronsky and Rick Pereira was acquired by BambooHR in September 2022. HeyWelcome has raised $7.4 million across 2 funding rounds from investors including BambooHR, FirstMark and Ludlow Ventures. HeyWelcome operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.

  • Headquarter New York, United States
  • Founders Nick Gavronsky, Rick Pereira
  • Sectors
    Technology
  • Email
    Locked
  • Phone
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  • Website
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  • Social
    Locked
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7.4 M (USD)

    in 2 rounds

  • Latest Funding Round
    $6 M (USD), Seed

    Dec 02, 2020

  • Investors
    BambooHR

    & 10 more

  • Employee Count
    Not available
  • Acquired by
    BambooHR

    (Sep 07, 2022)

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People of HeyWelcome

Headcount 10-50
Employee Profiles 2
Board Members and Advisors 2
Employee Profiles
People
Kasie Chaplick
Software Engineer

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Board Members and Advisors
people
Barb Bidan
Advisor
people
Thach Nguyen
Advisor

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Teams

Funding Insights of HeyWelcome

HeyWelcome has successfully raised a total of $7.4M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $6 million completed in December 2020. 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 HeyWelcome

HeyWelcome has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include BambooHR, FirstMark and Ludlow Ventures.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital is invested in US sectors by Ludlow Ventures.
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Early-stage venture capital is invested in tech startups across sectors.
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Pre-seed and seed-stage startups are funded by Basecamp Fund.
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Investor details for HeyWelcome

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by HeyWelcome

Investments
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Investment portfolio details for HeyWelcome

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  • Portfolio identities
  • Transaction dates
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Financial Statements - HeyWelcome

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Detailed financials for HeyWelcome

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  • Profit trends
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Heywelcome Comparisons

HeyWelcome Primary company
Description
A cloud-based platform for employee compensation planning is...
Location
New York, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for HeyWelcome

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Competitors of HeyWelcome

HeyWelcome 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 HeyWelcome

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Latest news on Heywelcome

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Complete news archive for HeyWelcome

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about HeyWelcome

HeyWelcome was founded in 2004 and raised its 1st funding round 16 years after it was founded.

HeyWelcome is headquartered in New York, United States. It is registered at New York, New York, United States.

Nick Gavronsky is the current CEO of HeyWelcome. They have also founded this company.

HeyWelcome is a funded company, having raised a total of $7.4M across 2 funding rounds to date.

Welcome was founded in 2004 and is headquartered in New York, United States. The company operates in the HR technology sector, offering a cloud-based platform that enables modeling and planning of compensation policies for organizations. Incentives and rewards are also provided through the platform, which can be integrated with existing enterprise HR systems to support compensation management.

HeyWelcome's top competitors include Payflow, Gusto and Earnin.

HeyWelcome has 11 investors. Key investors include BambooHR, FirstMark, Ludlow Ventures, Nat Turner, and Zach Weinberg.

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