Payscale
Seattle, US · Founded 2014 · Delaware corporation · 758 employees on LinkedIn · 6 known investors
Payscale provides cloud-based compensation data and software solutions to help organizations manage fair pay practices and comply with pay transparency and equity laws. The company serves HR teams and enterprises seeking to benchmark compensation, identify pay gaps, and build equitable compensation strategies.
Founders & leadership
MK
Mark KlebanoffinCFO2013–2019
MM
Michael MetzgerCEO, President, Secretary and Director
Board
AS
Ashutosh SomaniBoard director
PG
Parag GuptaBoard director
JS
Justin SadrianBoard director
JL
Jesse LevinBoard director
MA
Mark AveryBoard director
EH
Eric HerrBoard director
ED
Elena DonioBoard director
Investors · 6
Reported raises · per SEC filings
Form D private placements$183.1M disclosed across 3 rounds · 2014–2016
▶$41.2MraisedNov 2017 · 21 investors · OtherRule 506(b)
▶$41.2MraisedNov 2017 · 21 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Susan HabermanDirector
- Ashutosh SomaniDirector
- Parag GuptaDirector
- Mark KlebanoffExecutive Officer
- Scot MellandDirector
- Mark AveryDirector
- Eric HerrDirector
- Elena DonioDirector
- Justin SadrianDirector
- Michael MetzgerExecutive Officer, Director
- Offering amount
- $44.4M
- Amount sold
- $41.2M
- First sale
- Apr 2014
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$42.3MraisedMay 2016 · 4 investors · OtherRule 506(b)
▶$42.3MraisedMay 2016 · 4 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Ashutosh SomaniDirector
- Parag GuptaDirector
- Justin SadrianDirector
- Eric HerrDirector
- Mark KlebanoffExecutive Officer
- Jesse LevinDirector
- Mark AveryDirector
- Elena DonioDirector
- Michael MetzgerExecutive Officer, Director
- Offering amount
- $42.3M
- Amount sold
- $42.3M
- First sale
- Apr 2016
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
▶$99.6MraisedMay 2014 · 9 investors · OtherRule 506(b)
▶$99.6MraisedMay 2014 · 9 investors · Other
Rule 506(b)Officers, directors & promoters on the filing
- Ashutosh SomaniDirector
- Parag GuptaDirector
- Jesse LevinDirector
- Mark KlebanoffExecutive Officer
- Justin SadrianDirector
- Michael MetzgerExecutive Officer, Director
- Offering amount
- $99.6M
- Amount sold
- $99.6M
- First sale
- Apr 2014
- Incorporated
- Corporation, Delaware, 2014
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
3 people who came through Payscale went on to found or lead other companies.
Competitors · 3
by search overlap
Crew3279003 shared keywordsCrew32 maintains a database of compensation and workplace culture information that companies can compare against industry benchmarks. Its data is segmented by factors such as gender, experience level, region and company size, and includes startup salary figures indexed to the amount of venture funding a company has raised.
Sokanu54604 shared keywordsCareerExplorer is a career guidance platform powered by science and labor market data that helps individuals discover, plan, and achieve their ideal careers. The platform serves students, job seekers, and career changers with career assessments, profession profiles, and labor market information.
Breakroom17600 shared keywordsBreakroom operates a community-powered platform that rates jobs and employers based on worker input, publishing the ratings online to help people research jobs and career decisions. It also works with employers to improve job quality, and currently covers jobs in the UK and the US.
Companies competing with Payscale for the same Google search keywords, organic and paid, via search-intersection analysis.
Acquisitions · 1
Early investors' stakes continue via these dealsDataPeople
DataPeople was a New York-based startup founded in 2015 that built cloud-based recruitment analytics software using NLP and behavioral science to help enterprises write standardized, inclusive job descriptions.
In the news
Payscale Survey: Employers Plan 3.5% Raises for 2027 | EREere.net · Aug 2026
Payscale Data: 2027 Pay Raises Favor Performance Over Across-the-Board Increases - News and Statistics - IndexBoxindexbox.io · Aug 2026
Payscale: Merit increases remain popular as ‘peanut butter’ raises trend downward | HR Divehrdive.com · Aug 2026
Fewer companies plan ‘peanut-butter’ pay increases in 2027: Payscale | CFO Divecfodive.com · Aug 2026Frequently asked questions
- What does Payscale do?
- Payscale provides cloud-based compensation data and software solutions to help organizations manage fair pay practices and comply with pay transparency and equity laws. The company serves HR teams and enterprises seeking to benchmark compensation, identify pay gaps, and build equitable compensation strategies.
- Who are Payscale's investors?
- Payscale's investors include Bling Capital, Francisco Partners, Garage Capital, Madrona Venture Group, Sapphire Ventures, Sixth Street.
- How much funding has Payscale raised?
- Payscale has disclosed $183.1M raised across 3 rounds.
- Where is Payscale headquartered?
- Payscale is headquartered in Seattle, US.