Salary.com

Waltham, United States Founded: 1999 • Age: 27 yrs Listed Acquired By H.I.G. Capital
On-demand compensation, payroll, and performance tools are provided for enterprises.

About Salary.com

Salary.com is a Technology company based in Waltham (United States) founded in 1999, and was acquired by H.I.G. Capital in January 2016. On-demand compensation, payroll, and performance tools are provided for enterprises. Salary.com has raised $67 million across 2 funding rounds from investors including Wells Fargo, Kenexa and Accel-KKR. The company has 145 employees. Salary.com has completed 7 acquisitions, including CompXL, Compdata Surveys and Genesys. Its website salary.com draws about 860 thousand monthly visits. Its focus areas include Enterprise Applications, Data as a Service, Business and Compensation Data. Its competitors include Gusto, Paylocity and Justworks; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Waltham, United States
  • Employees 145
  • Stage Acquired
  • Sectors
    Technology
  • Website category Jobs and Career · Jobs and Employment
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website salary.com
  • Social LinkedIn X Facebook
  • Acquired by H.I.G. Capital (Jan 2016)
Key Metrics
  • Net Profit
    -$45.12 K (USD)
    -33
    as on Jul 31, 2022
  • Total Equity Funding
    $67M (USD)

    in 2 rounds

  • Investors
  • Employee Count
    145
  • Investments & Acquisitions
    CompXL

    & 6 more

  • Acquired by
    H.I.G. Capital

    & 1 more

    (Jan 2016)

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 $67M
  • Total Rounds 2
  • First Round $67M

    (Apr 2021)

  • Investors Count 3

All 2 funding rounds of Salary.com with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2022Series C–Accel-KKR
–
Apr 2021$67MSeries C–Accel-KKR, Centre Lane Partners
–
Valuation history

5 investors in total: 5 institutional.

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
InvestorDescriptionFounded YearDomainLocation
Investments are focused on mid-market software and technology-enabled services firms.
accel-kkr.comMenlo Park, United States
Private equity and credit investments are managed by Centre Lane Partners.
centrelanepartners.comNew York, United States
Diverse financial services and online banking are provided to clients.
1852wellsfargo.comSan Francisco, United States
Private equity capital is invested in small and mid-sized businesses.
higcapital.comMiami, United States
Integrated HR and talent management solutions are provided for enterprises.
1987kenexa.comWayne, United States
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Investor details for Salary.com

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People of Salary.com

112 people are tracked at Salary.com (29 in leadership, 83 in team); the tracked headcount is 145.

NameRoleGroup
Eric McMillan
Vice President Compensation ConsultingLeadership
Katie Stukowski
VP, Solutions ConsultingLeadership
Yong Zhang
President, COO & CROLeadership
Chris Knize
VP of Product ManagementLeadership
Lan Cheng
CTOLeadership
Bingyu Su
VP Of Tech OpsLeadership
Tricia Mulkeen
VP, Survey & Data OperationsLeadership
Kent Plunkett
Founder & CEOLeadership
Brian Healy
Vp, FinanceLeadership
Garry Straker
Vice President Compensation ConsultingLeadership
Elizabeth Maizels
Director Of Solutions ConsultingLeadership
Brooke Goldstone
Director Of Global SalesLeadership
Geoff Brennen
Director Of SalesLeadership
Alex Hurley
Director Of SalesLeadership
Jen Demore
Senior Director Of User ExperienceLeadership
Michael Mathewson
Director Of Sales OperationsLeadership
Peter Sim
Director, Global Sales Enablement And Business DevelopmentLeadership
David Turetsky
Vp, ConsultingLeadership
Connor Lennon
Director Of Enterprise SalesLeadership
Diane Basile
Chief Financial OfficerLeadership

92 more people are available in the full profile.

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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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
CompXL is an award-winning compensation planning software that combines the flexibility of Excel with the power of the cloud.
compensationxl.comJacksonville, United States2006Nov 2023β€’β€’β€’β€’
HR consulting and outsourcing services are provided.
turetskyconsulting.comFranklin, United States2020Sep 2021β€’β€’β€’β€’
Compensation and benefits data are gathered through specialized surveys.
compdatasurveys.comOlathe, United States1988Jul 2018β€’β€’β€’β€’
Incentive management platform is provided for sales teams.
makanasolutions.comNashua, United States2004Jan 2009β€’β€’β€’β€’
Cloud-based omnichannel customer experience and contact center solutions are delivered.
genesys.comDaly, United States1990Dec 2008β€’β€’β€’β€’
Payroll tax filing, learning management, and consulting services are provided.
genesys-soft.comMethuen, United States1963Dec 2008$6.8M
Limited information available
infobasis.comWaltham, United States2001Aug 2008$5M
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Timeline of Salary.com

13 dated milestones of Salary.com across 24 years, from founding to its latest funding, stage changes and deals.

  1. Founded Salary.com is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Acquisition Acquires InfoBasis.
  4. Acquisition Acquires Genesys.
  5. Acquisition Acquires Genesys Soft.
  6. Acquisition Acquires Makana Solutions.
  7. Exit Acquired by Kenexa.
  8. Exit Acquired by H.I.G. Capital.
  9. Acquisition Acquires Compdata Surveys.
  10. Funding First funding round of $67.0M.
  11. Acquisition Acquires Turetsky Consulting.
  12. Funding Latest funding round, Series C,.
  13. Acquisition Acquires CompXL.

Competitors of Salary.com

Salary.com has 3 listed competitors in our database, 3 of them funded. They include Gusto, Paylocity and Justworks.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gusto.com2012San Francisco, United States$718.35M5,876
Cloud-based HR and payroll solutions are offered for small businesses.
paylocity.com1997Arlington Heights, United States$37.28M4,150
Cloud-based payroll and HR solutions are provided for businesses.
justworks.com2012New York, United States$147.52M55,459
Benefits administration and payroll management are provided for businesses.
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Detailed competitors of Salary.com

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Web traffic of Salary.com

The website of Salary.com (salary.com) receives about 859.7K visits a month and ranks #66,937 among all websites worldwide, #874 in Jobs and Employment.

  • Monthly visits
    859.7K

    ▲ 8.4% vs previous month

  • Unique visitors
    500.3K

    per month

  • Global rank
    #66,937

    among all websites

  • Category rank
    #874

    Jobs and Career · Jobs and Employment

Similar websites

Websites whose visitors overlap most with Salary.com. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
payscale.com
100%
973.9K#53,139View details
glassdoor.com
86%
30.5M#1,976View details
salaryexpert.com
79%
616.5K#103,998View details
ziprecruiter.com
72%
32.8M#1,342View details
monster.com
monster.com
70%
#9,677–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Salary.com

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Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Salary.com (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about 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. The company's 1st funding round was a Series C of $67M, raised on Apr 2021.

Salary.com has 145 employees.

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 Gusto, Paylocity and Justworks.

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.

Yes. Salary.com was acquired by H.I.G. Capital in January 2016.

The website of Salary.com receives about 860 thousand visits a month and ranks #66,937 among all websites worldwide.

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