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
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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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Annual Revenue
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Net Profit
$-45.12 K-33as on Jul 31, 2022
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EBITDA
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Total Equity Funding
$67 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Wells Fargo
& 4 more
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Employee Count
145
as on Dec 31, 2022
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Investments & Acquisitions
CompXL
& 6 more
- Acquired by
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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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
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First Round
First Round
(28 Apr 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2022 | Amount | Series C - Salary.com | Valuation | Accel-KKR |
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| Apr, 2021 | Amount | Series C - Salary.com | Valuation | Accel-KKR , Centre Lane Partners |
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| 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 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. 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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Investments are focused on mid-market software and technology-enabled services firms.
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Founded Year | Domain | Location | |
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Private equity and credit investments are managed by Centre Lane Partners.
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Founded Year | Domain | Location | |
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Diverse financial services and online banking are provided to clients.
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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 Salary.com
Salary.com has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include CompXL, Compdata Surveys and Genesys. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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HR consulting and outsourcing services are provided.
|
2020 | ||||
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CompXL is an award-winning compensation planning software that combines the flexibility of Excel with the power of the cloud.
|
2006 | ||||
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Incentive management platform is provided for sales teams.
|
2004 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
|
2017 | ||||
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Bionic investment advisor platform
|
2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Salary.com
| 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 |
Salary.Com Comparisons
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. 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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| 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 payroll and HR solutions are provided for businesses.
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| domain | founded_year | HQ Location |
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 |
Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Salary.Com
Frequently Asked Questions about Salary.com
When was Salary.com founded?
Salary.com was founded in 1999 and raised its 1st funding round 22 years after it was founded.
Where is Salary.com located?
Salary.com is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Is Salary.com a funded company?
Salary.com is a funded company, having raised a total of $67M across 2 funding rounds to date. The company's 1st funding round was a Series C of $67M, raised on Apr 28, 2021.
How many employees does Salary.com have?
As of Dec 31, 2022, the latest employee count at Salary.com is 145.
What does Salary.com do?
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.
Who are the top competitors of Salary.com?
How many acquisitions has Salary.com made?
Salary.com has made 7 acquisitions, including CompXL, Compdata Surveys, and Genesys.
Who are Salary.com's investors?
Salary.com has 5 investors. Key investors include Wells Fargo, Kenexa, Accel-KKR, Centre Lane Partners, and H.I.G. Capital.