About Pequity
Pequity is a company based in San Francisco (United States) founded in 2019 was acquired by ADP in October 2025.. Pequity has raised $38 million across 2 funding rounds from investors including ADP, Norwest Venture Partners and First Round Capital. Pequity offers products and services including Comp Cycle, Market Pulse, and Range Management. Pequity operates in a competitive market with competitors including Gusto, Justworks, Earnin, Paylocity and Payflow, among others.
- Headquarter San Francisco, United States
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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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Products & Services of Pequity
Pequity offers a comprehensive portfolio of products and services, including Comp Cycle, Market Pulse, and Range Management. 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.
Manages employee promotion and merit increases efficiently
Offers real-time compensation data for decision-making
Handles salary ranges and pay bands securely
Funding Insights of Pequity
Pequity has successfully raised a total of $38M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $19 million completed in June 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 Funding
- Total Rounds 2
- Last Round Series A — $19.0M
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First Round
First Round
(30 Dec 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2021 | Amount | Series A - Pequity | Valuation | Norwest Venture Partners | |
| Dec, 2020 | Amount | Series A - Pequity | Valuation |
investors |
| 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 |
Investors in Pequity
Pequity has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include ADP, Norwest Venture Partners and First Round Capital. 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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Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
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Founded Year | Domain | Location | |
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US focused seed and early-stage VC firm
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Founded Year | Domain | Location | |
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Seed-stage US tech companies receive investments from Designer Fund.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pequity
| 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 - Pequity
| 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 |
Pequity Comparisons
Competitors of Pequity
Pequity 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 |
|---|---|---|---|---|
| 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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| domain | founded_year | HQ Location |
Real-time access to earned wages is provided fee-free.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
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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| 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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| domain | founded_year | HQ Location |
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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Latest news on Pequity
Frequently Asked Questions about Pequity
When was Pequity founded?
Pequity was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Pequity located?
Pequity is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Pequity a funded company?
Pequity is a funded company, having raised a total of $38M across 2 funding rounds to date. The company's 1st funding round was a Series A of $19M, raised on Dec 30, 2020.
What does Pequity do?
Pequity was founded in 2019 in San Francisco, United States. A cloud-based platform is provided for payroll management within the human resources technology sector. Payroll processing and compliance tasks are handled through the service for various businesses. Operations are based in San Francisco, with the platform accessible nationwide via the domain peqity.com. Core functions include data integration and automated reporting for efficiency.
Who are the top competitors of Pequity?
What products or services does Pequity offer?
Pequity offers Comp Cycle, Market Pulse, and Range Management.
Who are Pequity's investors?
Pequity has 5 investors. Key investors include ADP, Norwest Venture Partners, First Round Capital, Designer Fund, and Scribble Ventures.
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