About Symmetry Software
Symmetry Software is a company based in Phoenix (United States) founded in 1984 was acquired by Gusto in July 2021. It operates as a SaaS (Software-as-a-Service), and API-as-a-Product. Symmetry Software offers products and services including Symmetry Tax Engine, Symmetry Payroll Forms, Symmetry I-9 Verification, Symmetry Payroll Point, and Symmetry Minimum Wage Finder. Symmetry Software operates in a competitive market with competitors including Gusto, Justworks, Paylocity, Earnin and Payflow, among others.
- Headquarter Phoenix, 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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- Legal Name Symmetry Software Llc
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Products & Services of Symmetry Software
Symmetry Software offers a comprehensive portfolio of products and services, including Symmetry Tax Engine, Symmetry Payroll Forms, Symmetry I-9 Verification, Symmetry Payroll Point, and Symmetry Minimum Wage Finder. 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.
Payroll taxes are calculated from gross to net.
Withholding forms are automated at all tax levels.
I-9 verification is provided for onboarding compliance.
Local withholding tax rates are determined accurately.
Minimum wage rates are tracked by location coordinates.
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Funding Insights of Symmetry Software
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Symmetry Software
Symmetry Software has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Gusto. 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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Cloud-based HR and payroll solutions are offered for small businesses.
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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 Symmetry Software
| 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 - Symmetry Software
| 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 |
Symmetry Software Comparisons
Competitors of Symmetry Software
Symmetry Software 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, Paylocity, Earnin 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 |
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| 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 |
Benefits administration and payroll management are provided for businesses.
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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 |
Real-time access to earned wages is provided fee-free.
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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 Symmetry Software
Frequently Asked Questions about Symmetry Software
When was Symmetry Software founded?
Symmetry Software was founded in 1984.
Where is Symmetry Software located?
Symmetry Software is headquartered in Phoenix, United States. It is registered at Phoenix, Arizona, United States.
What does Symmetry Software do?
Symmetry Software is focused on delivering payroll tax compliance solutions. Services are offered to HR tech platforms, payroll providers, and large employers. Payroll taxes are calculated from federal to local levels, and onboarding compliance is automated through tax withholding forms and I-9 verification. The technology includes APIs and software for accurate tax calculations across the U.S. and Canada. Sectors served include payroll processing and human resources technology. Solutions are designed to enhance compliance and reduce errors in employer and employee processes.
Who are the top competitors of Symmetry Software?
What products or services does Symmetry Software offer?
Symmetry Software offers Symmetry Tax Engine, Symmetry Payroll Forms, Symmetry I-9 Verification, Symmetry Payroll Point, and Symmetry Minimum Wage Finder.
Who are Symmetry Software's investors?
Symmetry Software has 1 investor. Key investors include Gusto.
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