# Alan Miegel

> Alan Miegel is the San Francisco-based co-founder and CEO of Bettercomp, a compensation-management software company he started in 2019 with Sandra Leon and Derek Watson after a career spanning Bank of America, Salary.com, Workday, PayFactors, and PayScale. Bettercomp began with founder money and convertible debt from friends, shipped its first sellable product in 2020, reached nearly $10 million in revenue and more than 200 customers by 2025 according to Miegel, then raised a $33 million Series A led by Ten Coves Capital with venture debt from Silicon Valley Bank.

- **Role:** Co-Founder and CEO at Bettercomp
- **Organizations:** Bettercomp, PayScale, PayFactors, Workday, Salary.com, Bank of America, Fidelity Investments
- **Education:** MBA, Northwestern University - Kellogg School of Management, BA, Trinity College-Hartford, Brookline High School
- **Known for:** Co-founded Bettercomp in 2019 and led it from founder funding to a $33 million Series A financing in 2025., Grew Bettercomp from about $1 million in revenue in 2022 to nearly $10 million in 2025, according to his Practical Founders interview., Built Bettercomp to more than 200 customers and over 80 employees by 2025, according to the Practical Founders profile.

## Career timeline

- **1999** — Worked as a Y2K technician at Fidelity Investments.
- **2001-2004** — Worked as a compensation consultant at Bank of America.
- **2004-2011** — Held sales and strategic-account roles at Salary.com, eventually becoming Director of Strategic Accounts.
- **2011-2014** — Worked in account-executive roles at Workday; he has written that he was employee No. 764 and was there during the company's IPO.
- **2014-2016** — Served as Vice President of Sales, US West at PayFactors.
- **2016-2019** — Held sales enablement, operations, and enterprise sales leadership roles at PayScale.
- **2019** — Co-founded Bettercomp with Sandra Leon and Derek Watson.
- **2020** — Bettercomp shipped its first minimum sellable product.
- **2022** — Bettercomp reached about $1 million in revenue, according to Miegel's Practical Founders interview.
- **2025** — Bettercomp reached nearly $10 million in revenue, more than 200 customers, and over 80 employees, according to Miegel; it raised a $33 million Series A financing led by Ten Coves Capital with venture debt from Silicon Valley Bank.
- **2025** — Bettercomp ranked No. 173 on the 2025 Inc. 5000, reporting 2,255% three-year growth.

## Achievements

- Co-founded Bettercomp in 2019 and led it from founder funding to a $33 million Series A financing in 2025.
- Grew Bettercomp from about $1 million in revenue in 2022 to nearly $10 million in 2025, according to his Practical Founders interview.
- Built Bettercomp to more than 200 customers and over 80 employees by 2025, according to the Practical Founders profile.
- Led Bettercomp to No. 173 on the 2025 Inc. 5000 with reported three-year growth of 2,255%.
- Helped establish Bettercomp's SOC 2 Type II compliance while the company was still young.

## Latest updates

- **2026-06** — Argued publicly that useful AI for compensation must understand the full survey context and underlying data model while keeping a human in the loop.
- **2026-05** — Published guidance urging compensation teams to be deliberate about why each data source belongs in their market-intelligence stack.
- **2026-04** — Moderated a WorldatWork Total Rewards panel with leaders from Merck, Empsight, and Deloitte on connecting job architecture with market data.
- **2026-01** — Bettercomp announced a partnership with WTW and introduced a refreshed brand and website.
- **2025-07** — Bettercomp announced a $33 million Series A financing led by Ten Coves Capital, alongside venture debt from Silicon Valley Bank.

## Links

- Website: https://www.bettercomp.com
- LinkedIn: https://www.linkedin.com/in/alanmiegel

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Profile page: https://yespress.io/alan-miegel
Published by YesPress — https://yespress.io
Last updated: 2026-08-17