About NovaWage
NovaWage is a company based in Nyon (Switzerland) founded in 2021. It operates as a B2B, and SaaS. NovaWage offers products and services including Absence Management, Payroll, HR Mobile Application, and Employee Database. NovaWage operates in a competitive market with competitors including Gusto, Paycor, Paychex, TriNet and Rippling, among others.
- Headquarter Nyon, Switzerland
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Sectors
Business ServicesTechnology
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Products & Services of NovaWage
NovaWage offers a comprehensive portfolio of products and services, including Absence Management, Payroll, HR Mobile Application, and Employee Database. 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.
System for tracking employee absences and approvals
Software for calculating salaries and handling deductions
App for employee self-service and real-time notifications
Secure platform for storing and accessing employee records
Funding Insights of NovaWage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by NovaWage
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NovaWage
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Novawage Comparisons
Competitors of NovaWage
NovaWage 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, Paycor, Paychex, TriNet and Rippling, 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 |
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Cloud-based HR and payroll solutions are offered for small businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is provided for small and medium-sized businesses.
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| domain | founded_year | HQ Location |
Cloud-based HRMS solutions are delivered for payroll and employee management.
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| domain | founded_year | HQ Location |
Cloud-based HRMS platform is offered for small and medium businesses.
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| domain | founded_year | HQ Location |
Cloud-based HR management suite is provided for employee operations.
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about NovaWage
When was NovaWage founded?
NovaWage was founded in 2021.
Where is NovaWage located?
NovaWage is headquartered in Nyon, Switzerland. It is registered at Nyon, Vaud, Switzerland.
What does NovaWage do?
NovaWage is a Swiss-based HR solution designed for small and medium enterprises, streamlining processes from employee onboarding to retirement. It provides tools for absence tracking, payroll calculations, and secure employee data management through user-friendly software. The company operates in Nyon, Switzerland, and serves businesses by automating administrative tasks, ensuring compliance with local regulations like GDPR and Swissdec standards, while reducing reliance on manual methods like spreadsheets.
Who are the top competitors of NovaWage?
What products or services does NovaWage offer?
NovaWage offers Absence Management, Payroll, HR Mobile Application, and Employee Database.