# BetterComp

> BetterComp is a Walnut Creek, California based compensation management software company that helps large enterprises replace spreadsheet-driven market pricing with an automated, AI-assisted platform for benchmarking, range modeling, and pay decision-making, serving a customer base in which roughly 38% are Fortune 500 companies.

- **Founded:** 2019
- **Headquarters:** Walnut Creek, California, United States
- **Founders:** Alan Miegel (Co-Founder and CEO), Sandra Leon (Co-Founder), Derek Watson (Co-Founder)
- **Team size:** 81 employees
- **Products:** BetterComp Platform, Global Job Matching, Range Modeling & Scenario Testing, Compensation Plan Modeling & Merit/Bonus Management, AI-Enabled Survey Loading & Outlier Detection
- **Notable:** Raised $33M Series A led by Ten Coves Capital (July 2025) after years of bootstrapped growth, 100% year-over-year growth in each of the two years prior to the raise, 38% of customers are Fortune 500 companies

## Products & services

- **BetterComp Platform** — Core compensation management software covering market pricing, benchmarking, and reporting for large enterprises.
- **Global Job Matching** — Aligns internal jobs to compensation surveys across pay markets worldwide, including data from Radford, McLagan, Mercer, Willis Towers Watson, and Culpepper.
- **Range Modeling & Scenario Testing** — Tools to build and test salary ranges and pay structures against different market and business scenarios.
- **Compensation Plan Modeling & Merit/Bonus Management** — Supports salary planning, merit cycles, and bonus administration.
- **AI-Enabled Survey Loading & Outlier Detection** — Automates ingestion and normalization of survey data, flags outliers, and speeds up data architecture work.
- **Compensation Statements & Custom Reporting** — Employee-facing compensation statements plus customizable dashboards and reports for HR and finance stakeholders.

## Achievements

- Raised $33M Series A led by Ten Coves Capital (July 2025) after years of bootstrapped growth
- 100% year-over-year growth in each of the two years prior to the raise
- 38% of customers are Fortune 500 companies
- Headcount grew 33% in 2025

## Latest updates

- **2025-07** — Secured $33M Series A led by Ten Coves Capital to expand into new markets and advance AI-driven compensation tools.

## Links

- Website: https://bettercomp.com
- LinkedIn: http://www.linkedin.com/company/bettercomp
- Facebook: https://www.facebook.com/BetterCompUS/

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Profile page: https://yespress.io/bettercomp
Published by YesPress — https://yespress.io
Last updated: 2026-07-13