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About Barley
Industries
Consulting
Education
Company Size
11-50
Company Stage
Seed
Total Funding
$3.9M
Headquarters
Vancouver, Canada
Founded
2021
Overview
Barley provides a Compensation Management Platform that assists businesses in making informed pay decisions. The platform offers compensation intelligence, delivering data and insights that help companies hire more efficiently, retain employees, and maintain fair pay practices. It integrates with existing Applicant Tracking Systems (ATS) through a user-friendly browser extension, catering to HR leaders, compensation professionals, and talent teams. Barley enables users to perform pay equity analyses, visualize diversity metrics, and establish consistent job levels and career tracks. Additionally, it offers real-time insights into salary expectations from candidate pools, allowing companies to make competitive offers. Unlike many competitors, Barley emphasizes improving pay equity and transparency within organizations. The company's goal is to empower businesses to make better compensation decisions through data-driven insights, ensuring fair and equitable pay practices.
Simplify's Take
What believers are saying
- Growing demand for pay equity solutions boosts Barley's market potential.
- Rising interest in real-time compensation data enhances Barley's value proposition.
- Expansion of remote work increases need for global salary benchmarking tools.
What critics are saying
- Competition from established HR tech companies like Workday and SAP SuccessFactors.
- Potential data privacy concerns with global benchmarking data expansion.
- Economic downturns may reduce budgets for HR technology investments.
What makes Barley unique
- Barley integrates seamlessly with popular ATS platforms like ADP and BambooHR.
- The platform offers real-time compensation data for competitive salary offers.
- Barley provides global salary benchmarking data powered by Mercer Comptryx.
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Funding
Total Funding
$3.9M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Barley Inc. is excited to announce the launch of Barley Global Benchmarking Data Powered by Mercer Comptryx.
Barley, a compensation management platform that makes it easy for companies to structure, analyze and manage pay, launches today with $4 million in seed funding led by Golden Ventures with participation from Union Capital.
Barley, a Toronto, Canada-based compensation management platform provider, raised $4M in Seed funding.The round was led by Golden Ventures with participation from Union Capital.The company intends to use the funds for product development and expansion of its go-to-market teams.Led by CEO Jafar Owainati and CPO William Mainguy, Barley is compensation management software that makes it easy to structure, analyze and manage compensation – monitoring changing pay trends in the market. Businesses use it to simplify and optimize their approach to compensation, enabling them to attract more top candidates, reduce turnover, and improve pay transparency and pay equity. The company established a market foothold while in private beta, bringing on early customers such as Affinity, Flinks and Properly, and launching integrations with HR and ATS platforms such as ADP, BambooHR, Greenhouse and Lever. FinSMEs08/03/2023
Barley, a compensation management platform that makes it easy for companies to structure, analyze and manage pay, launches today with $4 million in seed funding led by Golden Ventures with participation from Union Capital, an investor collective that includes prominent technology leaders at Facebook, Google, Shopify, and Uber.
There are no jobs for Barley right now.
Find jobs on Simplify and start your career today
About Barley
Industries
Consulting
Education
Company Size
11-50
Company Stage
Seed
Total Funding
$3.9M
Headquarters
Vancouver, Canada
Founded
2021
There are no jobs for Barley right now.
Find jobs on Simplify and start your career today