About Salt Labs
Salt Labs is a company based in New York (United States) founded in 2022 was acquired by Chime in June 2024. Salt Labs has raised $18 million across 2 funding rounds from investors including Chime, Third Prime and Fin Capital. Salt Labs offers products and services including Salt App. Salt Labs operates in a competitive market with competitors including Businessolver, Justworks, PlanSource, Beam and Zenefits, among others.
- Headquarter New York, United States
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TechnologyHealthcare
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- Legal Name Chime Financial, Inc.
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Products & Services of Salt Labs
Salt Labs offers a comprehensive portfolio of products and services, including Salt App.
Mobile app for logging work hours and redeeming points for various rewards.
People of Salt Labs
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Funding Insights of Salt Labs
Salt Labs has successfully raised a total of $18M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $8 million completed in December 2023. 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 Salt Labs
Salt Labs has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Chime, Third Prime and Fin Capital.
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Early-stage startups are funded by Third Prime venture capital firm.
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Venture capital firm focused on fintech and B2B SaaS companies
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Early-stage tech startups in Southern California are invested in.
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Investor details for Salt Labs
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Investments & Acquisitions by Salt Labs
Investment portfolio details for Salt Labs
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Financial Statements - Salt Labs
Detailed financials for Salt Labs
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Salt Labs Comparisons
Peer comparison for Salt Labs
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Competitors of Salt Labs
Salt Labs 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 Businessolver, Justworks, PlanSource, Beam and Zenefits, among others.
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Cloud-based employee benefits administration solutions are delivered.
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Benefits administration and payroll management are provided for businesses.
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Cloud-based HR and benefits administration is offered for SMBs.
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Health insurance solutions for employees are delivered through digital platforms.
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Cloud-based HR and payroll management solutions are offered.
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Detailed competitors of Salt Labs
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Latest news on Salt Labs
Complete news archive for Salt Labs
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Frequently Asked Questions about Salt Labs
Salt Labs was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Salt Labs is headquartered in New York, United States. It is registered at New York, New York, United States.
Salt Labs is a funded company, having raised a total of $18M across 2 funding rounds to date.
Salt Labs was founded in 2022 in New York, United States, as an online platform in the HR technology sector. Contingent workforce management is facilitated, with a focus on employee benefits through a rewards program. Time is collected by employees, performance is tracked, and shift credits are transferred into incentives, awards, and prizes. The platform is available for download from the Apple Store.
Salt Labs's top competitors include Businessolver, Beam and GoCo.io.
Salt Labs offers Salt App.
Salt Labs has 4 investors. Key investors include Chime, Third Prime, Fin Capital, and Anthem Venture Partners.