When was PayScale founded?

PayScale was founded in 2002 and raised its 1st funding round 2 years after it was founded.

Where is PayScale located?

PayScale is headquartered in Seattle, United States. It is registered at Seattle, Washington.

How many employees does PayScale have?

As of Sep 30, 2026, the latest employee count at PayScale is 759.

Is PayScale a funded company?

PayScale is a funded company, having raised a total of $118M across 10 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on 2004.

How much is PayScale worth?

The last known valuation of PayScale was $***** as of Jan 01, 2019.

When was the latest funding round of PayScale?

PayScale's latest funding was a $***** Series D round on Jul 12, 2017, with participation from 1 investor.

Where does PayScale rank among its competitors?

PayScale ranks 2nd amongst 1170 active competitors, of which 114 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Argyle, which secured $3.22M in Jun, 2025.

Who are the top competitors of PayScale?

PayScale's top competitors include Gusto, Argyle and Zenefits. Among them, Argyle secured the most recent funding round in June, 2025.

PayScale - 2026 Company Profile, Team, Funding & Competitors

PayScale is an acquired company based in Seattle (United States), founded in 2002 by Joe Giordano and John Gaffney. It operates as an Offers payroll compensation management software. PayScale has raised $118M in funding from Mercer, with last known valuation of $*****. The company has 1170 active competitors, including 114 funded and 96 that have exited. Its top competitors include companies like Gusto, Argyle and Zenefits.

Company Details

Offers payroll compensation management software. Its product MarketPay, a compensation survey management software with features such as automated data aggregator, reports management, survey participation, analytics, etc; InsightLab, a salary survey management solution with features such as job & market pulse management, answers analytics, job-specific data, etc; It also allows users to search and compare data related to salary based on job role, skills, industry, and school.

Website: www.payscale.com/
Social
Email ID: *****@payscale.com
Registered Address: Seattle, Washington

Key Metrics

Founded Year

2002

Location

Seattle, United States

Stage

Acquired

Total Funding

$118M in 10 rounds

Latest Funding Round

Series D, Jul 12, 2017, $*****

Last Known Valuation

$***** as on Jan 01, 2019

Investors

Mercer & 12 more

Ranked

2^nd among 1170 active competitors

Employee Count

759 as on Sep 30, 2026

Investment & Acquisitions

Datapeople & 2 more

Similar Companies

Gusto & 1059 more

Exit Details

Acquired by Francisco Partners (Apr 25, 2019)

View PayScale's full profile

PayScale is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PAYSCALE, INC. CIN: 001t000000hjKtoAAE , United States, Active	Mar 23, 2021	-	-	-
PAYSCALE, INC. CIN: 911618647 , United States, Active	Dec 26, 999	-	591 (As on Dec 31, 2023)	-

PayScale got acquired by Francisco Partners on Apr 25, 2019.

Click here to take a look at PayScale's acquisition in detail

PayScale has raised a total funding of $118M over 10 rounds. Its first funding round was on 2004. Its latest funding round was a Series D round on Jul 12, 2017 for $*****. 1 investor participated in its latest round. PayScale has 13 institutional investors.

Here is the list of recent funding rounds of PayScale:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 12, 2017	9886417	Series D	7872620	6628725	3638513	3173134
May 03, 2016	7451809	Series D	5134085	5362342	9226322	8364145
Jul 05, 2011	9223170	Series D	9559690	5087794	1620759	Sapphire Ventures & 4 more

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View details of PayScale's funding rounds and investors

The founders of PayScale are Joe Giordano and John Gaffney. Scott Torrey is the CEO of PayScale.

Here are the details of PayScale's key team members:

Joe Giordano: Former Co-Founder of PayScale and founder of 1 other company. They are also an angel investor in 1 startup.
Contact Info: 1 email address
John Gaffney: Co-Founder of PayScale.
Contact Info: 1 email address
Scott Torrey: CEO of PayScale.
Contact Info: 1 email address

PayScale's Board of Directors

PayScale's board has 9 active members. Robin Ferracone, David Hartwig, Patricia Nakache, Matt McIlwain, Dennis Weston, Joseph Giordano III, Jay McGonigle, Joseph Giordano, III and Michael Metzger are independent board members.

Here is the list of PayScale's board of directors:

Name	Type	Representing	Status	Duration
Robin Ferracone	Independent board member	-	Current	16y 1m
bgxazzv	Independent board member	-	Current	3y 2m
djhpvki	Independent board member	-	Current	7y 4m
ogg{bsa	Independent board member	-	Current	6y 2m
b{sumhv	Independent board member	-	Current	4y 6m
tnqpphq	Independent board member	-	Current	3y 3m
zkwsnyz	Independent board member	-	Current	3y 5m
uibcawa	Independent board member	-	Current	7y 1m
pupxmpr	Independent board member	-	Current	9y 3m

View details of PayScale's Founder profiles and Board Members

PayScale's employee count trend

PayScale has 759 employees as of Sep 26. Here is PayScale's employee count trend over the years:

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Top competitors of PayScale include Gusto, Argyle and Zenefits. Here is the list of Top 10 competitors of PayScale, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Gusto 2012, San Francisco (United States), Series E	Cloud-based payroll, benefits, and HR software for small and medium-sized businesses	$718M	T. Rowe Price, CapitalG & 85 others	84/100
2nd	PayScale 2002, Seattle (United States), Acquired	Offers payroll compensation management software	$118M	Allen & Company, Sapphire Ventures & 11 others	71/100
3rd	Argyle 2018, New York City (United States), Series B	Provider of consumer-permissioned income, employment, and asset verification data services	$111M	Bain Capital Ventures, Rockefeller Capital Management ... & 14 others	71/100
4th	Zenefits 2013, Tempe (United States), Acquired	Cloud-based platform for HR and payroll management solutions	$598M	Andreessen Horowitz, Fidelity Investments ... & 50 others	70/100
5th	Justworks 2012, New York City (United States), Series E	Benefits administration & payroll management solution for businesses	$148M	Index Ventures, FirstMark & 13 others	69/100
6th	PagarBook 2018, Bengaluru (India), Series A	Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises	$24.8M	India Quotient, Peak XV Partners & 11 others	69/100
7th	Pinwheel 2018, New York City (United States), Series B	Cloud-based payroll API solution for enterprises	$84M	Notable Capital, Company Ventures & 22 others	68/100
8th	Multiplier 2020, Singapore (Singapore), Series B	Cloud-based payroll and compliance platform provider	$77.2M	Peak XV Partners, Tiger Global Management ... & 19 others	67/100
9th	Ramco 1997, Chennai (India), Public	Provider of enterprise resource planning, payroll, and logistics software solutions	-	HDFC Mutual Fund, Goldman Sachs & 4 others	67/100
10th	Bitwage 2013, San Francisco (United States), Acquired	Payroll and invoicing solutions for cryptocurrencies	$2.26M	Draper, BnkToTheFuture & 10 others	66/100

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Looking for more details on PayScale's competitors? Click here to see the top ones

PayScale has acquired 3 companies including Datapeople, Agora and CURO. PayScale has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 16, 2025	Acquisition	Datapeople	2015	New York City (United States)
Nov 15, 2022	Acquisition	Agora	2020	San Francisco (United States)
Aug 18, 2021	Acquisition	CURO	2010	Ottawa (Canada)