What is Salary.com?
Salary.com stands as a technology leader in the realm of employee compensation, offering robust data, software, and services tailored for enterprises, small businesses, and individuals. Its enterprise software empowers companies to meticulously manage compensation expenditures through real-time, decision-ready data and sophisticated analytical tools. The Salary.com website is a widely recognized resource for reliable information on employee pay levels, compensation best practices, emerging trends, and policy guidance. With decades of specialized experience in the compensation industry, the Salary.com team focuses exclusively on building and refining cloud-based software solutions. These solutions are deeply integrated with their compensation domain knowledge, aiming to assist customers in effectively managing the 'war for talent' by simplifying the critical connections between personnel and pay. Salary.com's proven technology, combined with actionable data and content, equips clients to make optimal pay decisions, thereby aiding in the attraction, motivation, reward, and retention of top-performing employees.
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, Accel-KKR, H.I.G. Capital, and Centre Lane Partners
Key Investors in Salary.com
Wells Fargo Capital Finance
Wells Fargo Capital Finance is a provider of diversified financial services, likely offering capital solutions that support the growth and operational needs of companies like Salary.com.
Accel-KKR
Accel-KKR is a technology-focused investment firm specializing in software and tech-enabled businesses. Their investment in Salary.com suggests a belief in the company's growth potential within the HR technology and compensation management sectors.
H.I.G. Capital
H.I.G. Capital is a global alternative investment firm with a focus on the mid-cap market. Their involvement indicates a strategic investment aimed at supporting Salary.com's expansion and market leadership.
What's next for Salary.com?
The substantial enterprise-level funding positions Salary.com for continued innovation and market expansion. With a focus on enhancing its cloud-based compensation management software and leveraging its deep domain expertise, the company is poised to further solidify its leadership in providing actionable data and analytical tools. Future strategic initiatives will likely concentrate on expanding its service offerings to address evolving talent management and compensation strategies, particularly in the competitive landscape of attracting and retaining high-caliber employees. The company's commitment to simplifying the complexities of compensation management suggests a trajectory focused on deepening its technological capabilities and broadening its client base across various business segments.
See full Salary.com company page
