What is Salary.com?
Salary.com is a recognized technology leader in providing employee compensation data, software, and services. The company offers enterprise software designed to help organizations manage compensation expenditures through real-time, decision-ready data and analytical tools. Its website serves as a primary resource for individuals and businesses seeking information on employee pay levels and compensation best practices. With deep domain expertise in the compensation industry, Salary.com develops cloud-based software that simplifies the connection between people and pay, empowering customers to attract, motivate, reward, and retain top talent through data-driven insights.
How much funding has Salary.com raised?
Salary.com has raised a total of $67M across 1 funding round:
Unspecified
$67M
Unspecified (2021): $67M with participation from Wells Fargo Capital Finance, H.I.G. Capital, Centre Lane Partners, and Accel-KKR
Key Investors in Salary.com
Wells Fargo Capital Finance
Wells Fargo Capital Finance is a provider of commercial finance solutions, likely offering significant financial backing and strategic guidance to companies within their portfolio.
H.I.G. Capital
H.I.G. Capital is a global alternative investment firm specializing in the mid-cap segment, known for its focus on creating long-term value across various strategies including private equity and growth equity.
Centre Lane Partners
Centre Lane Partners is a private equity and private credit investment firm focused on the North American middle market, providing tailored financial solutions with an emphasis on flexibility and discipline.
What's next for Salary.com?
The substantial enterprise-level investment in Salary.com signals a strategic push towards scaling its operations and further solidifying its market position. This capital infusion is likely to fuel advancements in its compensation data analytics platform and expand its reach within the enterprise sector. The company's focus on integrating proven technology with actionable data suggests a continued commitment to enhancing its software solutions, aiming to provide clients with a competitive edge in talent acquisition and retention. Future growth may involve enhanced AI-driven insights and broader integration capabilities across HR and payroll systems.
See full Salary.com company page
