PayScale Receives Working Capital Financing from Leader Ventures

PayScale, a Seattle, WA-based online provider of employee compensation data, has received working capital financing from Leader Ventures.
Commenting ion the investment, Patrick Gordan, managing director at Leader Ventures, said: “PayScale is a fast growing start-up firm looking for a financing partner to provide flexible support.
“At Leader Ventures, we pride ourselves at our ability to offer just that and therefore help manage and accelerate PayScale’s growth”.

PayScale’s patent-pending, real-time profiling technology is designed to collect and index employee pay attributes worldwide and make this compensation data available through its online salary tools and salary benchmarking reports. The company’s flagship HR compensation solution, PayScale Insight, helps HR/Comp professionals, in small, medium and large companies benchmark their workforce and align their compensation strategies with their overall business goals.


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