Innovative Compensation Software OpenComp offers the world’s first compensation decision software, providing a comprehensive solution for strategic, unbiased, and transparent pay planning and communication, making it an attractive tool for organizations seeking to modernize their pay strategies.
Recent Strategic Partnerships The partnership with Gusto Capital enables OpenComp to serve SMBs by offering instant benchmarking and competitive pay insights, presenting a growth opportunity in the small and medium-sized business segment.
Recognition & Industry Leadership Being named eighth on Fast Company’s Most Innovative Companies in 2023 highlights its reputation as an industry leader, which can facilitate upselling to organizations looking for innovative HR and compensation solutions.
Focus on Pay Equity OpenComp’s initiatives like the PayChecked tool and the Summit to promote gender pay equity demonstrate a commitment to diversity and fair pay practices, appealing to organizations prioritizing ESG and social responsibility strategies.
Market Traction & Growth With revenues estimated between $10M and $25M and expanding product offerings, OpenComp presents a promising opportunity for sales engagements targeting organizations seeking advanced compensation management and transparency solutions.