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 Mar 31, 2026, the latest employee count at PayScale is 744.

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.

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 4th amongst 1105 active competitors, of which 121 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Payflow, which secured $2.35M in Oct, 2025.

Who are the top competitors of PayScale?

PayScale's top competitors include Gusto, Payflow and PagarBook. Among them, Payflow secured the most recent funding round in October, 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. The company has 1105 active competitors, including 121 funded and 96 that have exited. Its top competitors include companies like Gusto, Payflow and PagarBook.

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, $*****

Investors

Mercer & 12 more

Ranked

4^th among 1105 active competitors

Employee Count

744 as on Mar 31, 2026

Investment & Acquisitions

Datapeople & 2 more

Similar Companies

Gusto & 1078 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	Documents
PAYSCALE, INC. CIN: 911618647 , United States, Active	Dec 26, 999	-	591 (As on Dec 31, 2023)	-
PAYSCALE, INC. CIN: 001t000000hjKtoAAE , United States, Active	Mar 23, 2021	-	-	-

PayScale got acquired by Francisco Partners on Apr 25, 2019. It was facilitated by Raymond James, Kirkland & Ellis and Willkie Farr & Gallagher.

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	8791011	Series D	1746266	4858013	5385913	4670442
May 03, 2016	5243312	Series D	6115875	7083493	2609631	3511714
Jul 05, 2011	7402859	Series D	9878393	2323284	4467506	Sapphire Ventures & 4 more

Access funding benchmarks and valuations. Sign up today!

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, Jay McGonigle, Joseph Giordano III, Michael Metzger and Joseph Giordano, III 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	15y 7m
abmxcrr	Independent board member	-	Current	4y 1m
xoccwgr	Independent board member	-	Current	9y 3m
fro{vlr	Independent board member	-	Current	6y 4m
vfadlbu	Independent board member	-	Current	5y 1m
fbyelxe	Independent board member	-	Current	6y 3m
oejnpnu	Independent board member	-	Current	2y 5m
xgnuwup	Independent board member	-	Current	4y 1m
kblszcu	Independent board member	-	Current	9y 9m

View details of PayScale's Founder profiles and Board Members

PayScale's employee count trend

PayScale has 744 employees as of Mar 26. Here is PayScale's employee count trend over the years:

Uncover PayScale's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of PayScale include Gusto, Payflow and PagarBook. 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	Provider of a cloud-based platform offering payroll, benefits, and HR solutions	$718M	T. Rowe Price, CapitalG & 83 others	83/100
2nd	Payflow 2020, Madrid (Spain), Acquired	Online financial services platform for on-demand pay and savings	$41.3M	Wayra, Cathay Innovation & 34 others	76/100
3rd	PagarBook 2018, Bengaluru (India), Series A	Provider of staff attendance, payroll and biometric attendance tools for small to medium enterprises	$24.8M	Surge, Peak XV Partners & 11 others	75/100
4th	PayScale 2002, Seattle (United States), Acquired	Offers payroll compensation management software	$118M	Sapphire Ventures, Madrona & 11 others	74/100
5th	Earnin 2012, Palo Alto (United States), Series C	Provider of a platform for accessing earned wages and financial tools	$190M	March Capital, Spark Capital & 14 others	72/100
6th	Yonder 2020, London (United Kingdom), Series B	Online platform to discover & book outdoor tours	$81.4M	RTP Global, LocalGlobe & 47 others	72/100
7th	Argyle 2018, New York City (United States), Series B	Provider of tools for workforce database	$111M	Bain Capital Ventures, SignalFire & 14 others	71/100
8th	Pave 2012, San Francisco (United States), Series C	Provider of compensation management software for businesses of all sizes	$175M	Seer Capital Management, Andreessen Horowitz ... & 28 others	71/100
9th	Zenefits 2013, Tempe (United States), Acquired	Cloud-based platform for HR and payroll management solutions	$598M	Andreessen Horowitz, Maverick Ventures & 48 others	69/100
10th	Pinwheel 2018, New York City (United States), Series B	Cloud-based payroll API solution for enterprises	$84M	GGV Capital, Company Ventures & 23 others	68/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

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)