# Compt

> Compt is a Boston-based HR software company that runs flexible employee stipends and Lifestyle Spending Accounts (LSAs) for employers. Instead of one-size-fits-all perks, employees choose how to spend an allowance across categories like wellness, professional development, childcare, home office and pet care; they submit a receipt and get reimbursed through payroll with the correct tax treatment applied automatically. Founded in 2018 by Amy Spurling, the reimbursement-based platform emphasizes IRS-compliant tax handling, high participation, and low administrative overhead, and operates across all 50 U.S. states and 75+ countries.

- **Founded:** 2018
- **Headquarters:** Boston, Massachusetts, United States
- **Founders:** Amy Spurling (Founder & CEO)
- **Team size:** ~44 employees
- **Products:** Lifestyle Spending Accounts & Stipends, Professional Development Pro, Rewards & Recognition, Employee Discounts, Company Swag Store
- **Notable:** Won Product Hunt's 'Shipping in Boston' award (2018), Raised $13M Series A led by Battery Ventures (2022), Reported 500% annual recurring revenue growth and 300% customer growth ahead of its Series A

## Products & services

- **Lifestyle Spending Accounts & Stipends** — Reimbursement-based flexible allowances employees spend across 25+ categories (wellness, home office, childcare, professional development, pet care, cell & internet, and more), with automatic taxable/non-taxable treatment per IRS rules and payroll settlement.
- **Professional Development Pro** — A dedicated stipend product for learning, courses, conferences and career growth spend.
- **Rewards & Recognition** — Software for peer and manager recognition and rewards tied into the stipend platform.
- **Employee Discounts** — Access to discounted vendors and offers for employees alongside their stipends.
- **Company Swag Store** — Branded company merchandise store integrated with the platform.
- **Expense Management** — Receipt submission, tracking, approval workflows and reporting for stipend and reimbursement spend.

## Achievements

- Won Product Hunt's 'Shipping in Boston' award (2018)
- Raised $13M Series A led by Battery Ventures (2022)
- Reported 500% annual recurring revenue growth and 300% customer growth ahead of its Series A
- 94% average platform participation vs. ~50% industry average
- SOC 2 Type II certified and ISO 27001 compliant
- Operates across all 50 U.S. states and 75+ countries with 64,000+ vendors
- Recognized as a G2 High Performer and SHRM Better Workplaces Challenge Cup participant
- Amy Spurling named Boston Business Journal 'CFO of the Year' (2016)

## Latest updates

- **2026-01** — Published its Annual Lifestyle Benefits Benchmark Report 2026.
- **2025-09** — Reported 64,000+ unique global vendors and 94% platform participation.
- **2024-08** — Amy Spurling featured in Nasdaq Entrepreneurial Center's Faces of Entrepreneurship.

## Links

- Website: https://compt.io
- LinkedIn: http://www.linkedin.com/company/compt
- Twitter/X: https://twitter.com/compthq
- Facebook: https://facebook.com/ComptHQ/

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Profile page: https://yespress.io/compt
Published by YesPress — https://yespress.io
Last updated: 2026-07-21