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Barley.io provides a Compensation Management Platform for HR teams. It uses compensation intelligence to give data and insights that help companies hire faster, retain employees, and ensure pay fairness. The product integrates with applicant tracking systems via a browser extension and offers pay equity analyses, diversity metrics visualization, and standardized job levels and career tracks. It also shows real-time salary expectations from candidate pools to help make competitive offers. Barley’s model is subscription-based, with tiered features for advanced compensation analytics and integrations. The goal is to help businesses make data-driven pay decisions that promote fair and transparent compensation practices.
Industries
Data & Analytics
Enterprise Software
Company Size
1-10
Company Stage
Seed
Total Funding
$4M
Headquarters
Vancouver, Canada
Founded
2021
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Total Funding
$4M
Above
Industry Average
Funded Over
1 Rounds
Industry standards
Workleap, a Montréal-based HR platform, has acquired Toronto's compensation planning software Barley to add compensation management features. Barley's six-person team, including founders Jafar Owainati and Billy Mainguy, will join Workleap. Barley launched in 2023 after raising $5.4 million CAD. Workleap, which rebranded in June 2023, plans to integrate Barley by October and will launch Workleap AI soon to analyze employee data.
HR platform Workleap adding compensation management features through acquisition of Barley.
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
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Industries
Data & Analytics
Enterprise Software
Company Size
1-10
Company Stage
Seed
Total Funding
$4M
Headquarters
Vancouver, Canada
Founded
2021
Find jobs on Simplify and start your career today