Salary.com

Waltham, United States Founded: 1999 • Age: 27 yrs Acquired By H.I.G. Capital
On-demand compensation, payroll, and performance tools are provided for enterprises.
Annual revenue - Latest available
Total funding $67.0M 2 rounds
Employees 145 Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Salary.com

Salary.com is a company based in Waltham (United States) founded in 1999 was acquired by H.I.G. Capital in January 2016. Salary.com has raised $67 million across 2 funding rounds from investors including Wells Fargo, Kenexa and Accel-KKR. The company has 145 employees as of December 31, 2022. Salary.com has completed 7 acquisitions, including CompXL, Compdata Surveys and Genesys. Salary.com operates in a competitive market with competitors including Gusto, Payflow, Paylocity, Justworks and Earnin, among others.

  • Headquarter Waltham, United States
  • Employees 145 as on 31 Dec, 2022
  • Stage Public
  • Sectors
    Technology
  • 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
    -$45.12 K (USD)
    -33
    as on Jul 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $67 M (USD)

    in 2 rounds

  • Latest Funding Round
    Not available
  • Investors
    Wells Fargo

    & 4 more

  • Employee Count
    145

    as on Dec 31, 2022

  • Investments & Acquisitions
    CompXL

    & 6 more

  • Acquired by
    H.I.G. Capital

    & 1 more

    (Jan 08, 2016)

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People of Salary.com

Headcount 200-500
Employee Profiles 112
Employee Profiles
People
Eric McMillan
Vice President Compensation Consulting
People
Junqingeddie Liu
Senior Financial Analyst
People
Jen Sanchez
Account Executive
People
Jeleen Simene
Global Solutions Consultant

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Funding Insights of Salary.com

Salary.com has successfully raised a total of $67M across 2 strategic funding rounds. 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 Salary.com

Salary.com has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Wells Fargo, Kenexa and Accel-KKR.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investments are focused on mid-market software and technology-enabled services firms.
Locked Locked Locked
Private equity and credit investments are managed by Centre Lane Partners.
Locked Locked Locked
Diverse financial services and online banking are provided to clients.
Locked Locked Locked
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Investor details for Salary.com

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  • Participation history

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Investments & Acquisitions by Salary.com

Salary.com has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include CompXL, Compdata Surveys and Genesys.

Investments
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Investment portfolio details for Salary.com

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Acquisitions
Company Name Description Domain Location Founded Year Amount
HR consulting and outsourcing services are provided.
Locked Locked 2020 Locked
CompXL is an award-winning compensation planning software that combines the flexibility of Excel with the power of the cloud.
Locked Locked 2006 Locked
Incentive management platform is provided for sales teams.
Locked Locked 2004 Locked
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Complete acquisition details for Salary.com

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Financial Statements - Salary.com

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Detailed financials for Salary.com

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Salary.Com Comparisons

Salary.com Primary company
Description
On-demand compensation, payroll, and performance tools are p...
Location
Waltham, United States
Founded Year
1999
Annual Revenue
Not available
Net Profit
-$45.12 K (USD)
EBITDA
Not available
Employees
145
As of 2022
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Peer comparison for Salary.com

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Competitors of Salary.com

Salary.com 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.
Locked Locked Locked
Payflow is recognized as a financial wellness application for employees.
Locked Locked Locked
Cloud-based payroll and HR solutions are provided for businesses.
Locked Locked Locked
Benefits administration and payroll management are provided for businesses.
Locked Locked Locked
Real-time access to earned wages is provided fee-free.
Locked Locked Locked
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
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Detailed competitors of Salary.com

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Latest news on Salary.Com

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Complete news archive for Salary.com

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Frequently Asked Questions about Salary.com

Salary.com was founded in 1999 and raised its 1st funding round 22 years after it was founded.

Salary.com is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.

Salary.com is a funded company, having raised a total of $67M across 2 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Salary.com is 145.

Salary.com was founded in 1999 and is based in Waltham, United States. Compensation management, payroll processing, performance evaluation, and analytics services are delivered on-demand to industries such as transportation, retail, publishing, consumer products, financial services, manufacturing, and healthcare. Enterprise solutions are distributed via direct sales organizations and indirect channels. Salary benchmarking tools are additionally supplied to individual job seekers.

Salary.com's top competitors include Payflow, Gusto and Earnin.

Salary.com has made 7 acquisitions, including CompXL, Compdata Surveys, and Genesys.

Salary.com has 5 investors. Key investors include Wells Fargo, Kenexa, Accel-KKR, Centre Lane Partners, and H.I.G. Capital.

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