PayAnalytics

New York, United States Founded: 2014 • Age: 12 yrs Acquired By beqom
Salary analysis software for businesses
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About PayAnalytics

PayAnalytics is a company based in New York (United States) founded in 2014 was acquired by beqom in December 2023.. PayAnalytics has raised $3.93 million across 2 funding rounds from investors including beqom, Nýsköpunarsjóðurinn Kría and Eyrir Voxtu. PayAnalytics operates in a competitive market with competitors including Gusto, Justworks, ADP, Earnin and Paylocity, among others.

  • Headquarter New York, United States
  • Sectors
    Technology
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Technology → Marketing, Adtech & Commerce Technology
Business Services → Workforce & Human Resource Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.93 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.4 M (USD), Series A

    Dec 30, 2021

  • Investors
    beqom

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    beqom

    (Dec 14, 2023)

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People of PayAnalytics
Headcount 200-500
Employee Profiles 68
Board Members and Advisors 4
Employee Profiles
People
Hilke Panzner Fredheim
CMO
People
Osman T.
Software Development Engineer
People
Jurian Kaljee
Chief Service Officer
People
Naoufal Fillali
Head Of Sales Development Emea-north America

Unlock access to complete

Board Members and Advisors
people
Mark Haller
Board Member
people
Jialin Zhang
Board Member
people
John Brennan
Board Member / Chairman
people
Jenny Dearbon
Board Member

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Funding Insights of PayAnalytics

PayAnalytics has successfully raised a total of $3.93M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.4 million completed in December 2021. 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 Rounds 2
  • Last Round Series A — $3.4M
  • First Round

    (22 Jan 2020)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2021 Amount Series A - PayAnalytics Valuation New Business Venture Fund , Eyrir Voxtu
Jan, 2020 Amount Seed - PayAnalytics Valuation New Business Venture Fund
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 PayAnalytics

PayAnalytics has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include beqom, Nýsköpunarsjóðurinn Kría and Eyrir Voxtu. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
A venture capital fund focused on supporting innovative startups in Iceland.
Founded Year Domain Location
-
Founded Year Domain Location
Cloud-based compensation management software is provided for enterprises.
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 PayAnalytics

Investments
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 - PayAnalytics

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Payanalytics Comparisons

Employees
+
Add Comparison
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Competitors of PayAnalytics

PayAnalytics 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, ADP, Earnin and Paylocity, 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
Cloud-based HR management solutions are offered for payroll and compliance.
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
Provider of HR and payroll & workforce management solutions
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 Payanalytics

Frequently Asked Questions about PayAnalytics

When was PayAnalytics founded?

PayAnalytics was founded in 2014 and raised its 1st funding round 6 years after it was founded.

Where is PayAnalytics located?

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

Is PayAnalytics a funded company?

PayAnalytics is a funded company, having raised a total of $3.93M across 2 funding rounds to date. The company's 1st funding round was a Seed of $525K, raised on Jan 22, 2020.

What does PayAnalytics do?

PayAnalytics was founded in 2014 in New York, United States, within the HR technology sector. Software is provided to enable salary analysis, where demographic and gender discrepancies in pay structures are identified. Operations involve integration with payroll systems via API, supporting data-driven evaluations for compensation equity. The domain payanalytics.com serves as the primary online presence for these services.

Who are the top competitors of PayAnalytics?

PayAnalytics's top competitors include Payflow, Gusto and Randstad.

Who are PayAnalytics's investors?

PayAnalytics has 3 investors. Key investors include beqom, Nýsköpunarsjóðurinn Kría, and Eyrir Voxtu.

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