PayScale

Seattle, United States Founded: 2002 • Age: 24 yrs Acquired By Francisco Partners
Payroll compensation management software is provided for businesses.
Annual revenue - Latest available
Total funding $117.6M 10 rounds
Employees 299 Tracked headcount
Investors 11 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About PayScale

PayScale is a company based in Seattle (United States) founded in 2002 by John Gaffney was acquired by Francisco Partners in April 2019. PayScale has raised $117.62 million across 10 funding rounds from investors including Francisco Partners, Warburg Pincus and Mercer. The company has 299 employees as of December 31, 2022. PayScale has completed 3 acquisitions, including CuroComp, Marketpay and Payscale. PayScale offers products and services including Payfactors, MarketPay, and Compensation Planning. PayScale operates in a competitive market with competitors including Gusto, Payflow, Paylocity, Justworks and Earnin, among others.

  • Headquarter Seattle, United States
  • Employees 299 as on 31 Dec, 2022
  • Founders John Gaffney
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $117.62 M (USD)

    in 10 rounds

  • Latest Funding Round
    $41.24 M (USD), Series D

    Jul 12, 2017

  • Investors
  • Employee Count
    299

    as on Dec 31, 2022

  • Investments & Acquisitions
    CuroComp

    & 2 more

  • Acquired by
    Francisco Partners

    & 1 more

    (Apr 25, 2019)

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Products & Services of PayScale

PayScale offers a comprehensive portfolio of products and services, including Payfactors, MarketPay, and Compensation Planning.

Product name locked
Category locked
Primary

Automates compensation management and benchmarking processes.

Product name locked
Category locked
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Manages global pay and salary surveys for organizations.

Product name locked
Category locked
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Streamlines merit and increase cycles for businesses.

People of PayScale

Headcount 500-1000
Employee Profiles 124
Board Members and Advisors 8
Employee Profiles
People
Amanda Hill
Senior Manager, Account Management
People
Dmitri Khodjakov
Senior Product Manager
People
Joemarie Baun
Team Lead, HRIS Data Operations
People
Charlotte Rooney
Senior Product Manager

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Board Members and Advisors
people
Jeff Laliberte
Director
people
Paul Ilse
Chairman
people
Paul Wolfe
Director
people
David Spiro
Director

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Funding Insights of PayScale

PayScale has successfully raised a total of $117.62M across 10 strategic funding rounds. The most recent funding activity was a Series D round of $41.24 million completed in July 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.

Investors in PayScale

PayScale has secured backing from 11 investors, including institutional and venture fund investors. Prominent investors backing the company include Francisco Partners, Warburg Pincus and Mercer.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm partnering with enterprise software companies and early-stage funds.
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Venture capital investing in AI, biotech, and technology sectors, focusing on seed and early stages in Seattle and beyond.
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Venture capital investments are offered by Fluke Venture Partners.
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Investor details for PayScale

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by PayScale

PayScale has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include CuroComp, Marketpay and Payscale.

Investments
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Investment portfolio details for PayScale

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  • Transaction dates
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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Payroll management is enabled by a cloud-based platform.
Locked Locked 2020 Locked
Offers employee compensation management solution for businesses
Locked Locked 2010 Locked
Limited information is provided on Marketpay's core activities and operations.
Locked Locked 2000 Locked
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Complete acquisition details for PayScale

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - PayScale

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Detailed financials for PayScale

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Payscale Comparisons

PayScale Primary company
Description
Payroll compensation management software is provided for bus...
Location
Seattle, United States
Founded Year
2002
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
299
As of 2022
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Peer comparison for PayScale

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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, Payflow, Paylocity, Justworks and Earnin, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based HR and payroll solutions are offered for small businesses.
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Payflow is recognized as a financial wellness application for employees.
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Cloud-based payroll and HR solutions are provided for 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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Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
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Detailed competitors of PayScale

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Latest news on Payscale

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Complete news archive for PayScale

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  • Source and publication date
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Frequently Asked Questions about PayScale

PayScale was founded in 2002 and raised its 1st funding round 2 years after it was founded.

PayScale is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.

Scott Torrey is the current CEO of PayScale.

PayScale is a funded company, having raised a total of $117.62M across 10 funding rounds to date.

As of Dec 31, 2022, the latest employee count at PayScale is 299.

PayScale was founded in 2002 in Seattle, United States, within the human resources technology sector. Payroll compensation management software is offered, including MarketPay for survey data aggregation, reporting, participation, and analytics, as well as InsightLab for job market pulse management and salary-specific insights. Users are enabled to search and compare salary data by job role, skills, industry, and education. Operations focus on data-driven compensation solutions for organizations.

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

PayScale offers Payfactors, MarketPay, and Compensation Planning.

PayScale has made 3 acquisitions, including CuroComp, Marketpay, and Payscale.

PayScale has 11 investors. Key investors include Francisco Partners, Warburg Pincus, Mercer, Allen & Company, and Sapphire Ventures.

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