About Wage
Wage is a Business Services company based in Palo Alto (United States) founded in 2018. Payroll management services are provided to businesses. Wage has raised $5 million across 1 funding round from investors including Pear VC, Gradient Ventures and 8VC. Its focus areas include HR Services and Payroll Management. Its competitors include Perquest, Resourcing Edge and InfoSync; 2 of its 3 listed competitors have raised funding.
Company details
Wage was founded in 2018 and is headquartered in Palo Alto, United States. Payroll management services are offered by the company within the human resources technology sector. Operations focus on processing employee payments, handling tax withholdings, and ensuring regulatory compliance for various organizations. These services are delivered through an online platform accessible to clients across the country, supporting efficient financial administration for small to medium-sized enterprises.
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series A
Apr 2021
- InvestorsPear VC
& 4 more
Funding Insights of Wage
Wage has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in April 2021. 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 $5M
- Total Rounds 1
- Last Round Series A — $5M
- First Round $5M
(Apr 2021)
- Investors Count 5
All 1 funding rounds of Wage with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $5M | Series A | – | Gradient Ventures |
5 investors in total: 5 institutional.
Investors in Wage
Wage has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Pear VC, Gradient Ventures and 8VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital arm of Alphabet Inc. investing in AI | gradient.com | Mountain View, United States | ||
Venture capital firm investing in technology, life sciences, and related sectors. | 8vc.com | |||
Seed & early stage VC firm investing the US | 2013 | pear.vc | San Francisco, United States | |
Corporate backed venture capital firm focused on multiple sectors | bloombergbeta.com | San Francisco, United States | ||
CoFound is operated as a pre-seed fund for startups. | cofoundpartners.com |
Investor details for Wage
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Wage
2 dated milestones of Wage across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Wage is founded.
- Funding First funding round of $5.0M.
Competitors of Wage
Wage has 3 listed competitors in our database, 2 of them funded. They include Perquest, Resourcing Edge and InfoSync.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| perquest.com | 2000 | Dublin, United States | $13.36M | 55 | Functions as an online firm providing payroll and HR services. | |
| resourcingedge.com | 2003 | Rockwall, United States | $3.65M | 3,745 | Human capital management solutions are delivered to enterprises. | |
| issvc.com | 2001 | Wichita, United States | 704 | Accounting, payroll, and reporting services for restaurants are provided. |
Detailed competitors of Wage
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Human Resource & Staffing Services
3 companies that operate in the same segment as Wage (Human Resource & Staffing Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | |||
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | USD 13.95 B | 70,000 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Wage
Complete news archive for Wage
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Wage
Wage was founded in 2018 and raised its 1st funding round 3 years after it was founded.
Wage is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.
Wage is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Apr 2021.
Wage was founded in 2018 and is headquartered in Palo Alto, United States. Payroll management services are offered by the company within the human resources technology sector. Operations focus on processing employee payments, handling tax withholdings, and ensuring regulatory compliance for various organizations. These services are delivered through an online platform accessible to clients across the country, supporting efficient financial administration for small to medium-sized enterprises.
Wage's top competitors include InfoSync, Resourcing Edge and Perquest.
Wage has 5 investors. Key investors include Pear VC, Gradient Ventures, 8VC, Bloomberg Beta, and CoFound.