About Payscale
Payscale is a company based in San Francisco (United States) founded in 2020 by Miles Hobby and Geoffrey Tisserand was acquired by PayScale in November 2022. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Payscale offers products and services including Payfactors, Marketpay, and Paycycle. Payscale operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter San Francisco, United States
- Founders Miles Hobby, Geoffrey Tisserand
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Payscale, Inc.
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Products & Services of Payscale
Payscale offers a comprehensive portfolio of products and services, including Payfactors, Marketpay, and Paycycle. 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.
Fresh compensation data is accessed via AI-powered workflows.
Real-time compensation analytics are provided for global professionals.
Pay raises are planned with data-driven market alignment.
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Funding Insights of Payscale
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Payscale
Payscale has secured backing from 1 investor. Prominent investors backing the company include PayScale. 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 |
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Payroll compensation management software is provided for businesses.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Payscale
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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Fine Asian gourmet food is offered by an internet-first restaurant.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Payscale
| 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 |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Payscale Comparisons
Competitors of Payscale
Payscale 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 |
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| domain | founded_year | HQ Location |
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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| domain | founded_year | HQ Location |
Cloud-based HR and payroll management solutions are offered.
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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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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Payscale
Frequently Asked Questions about Payscale
When was Payscale founded?
Payscale was founded in 2020.
Where is Payscale located?
Payscale is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
What does Payscale do?
Compensation intelligence and software solutions are offered by Payscale to assist HR leaders and compensation teams in making informed pay decisions. Services are extended across the employee lifecycle, leveraging over 250 billion data points. The portfolio includes tools like Payfactors for real-time data insights, Marketpay for global compensation analytics, and Paycycle for pay raise planning. Sectors served include technology, healthcare, finance, and education, with a focus on enhancing workplace culture through strategic pay decisions. Support is provided to over 16,000 businesses worldwide, managing significant employee salary data.
Who are the top competitors of Payscale?
What products or services does Payscale offer?
Payscale offers Payfactors, Marketpay, and Paycycle.
Who are Payscale's investors?
Payscale has 1 investor. Key investors include PayScale.
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