SalaryBox logo — Effortless Employee Management

SalaryBox

Effortless Employee Management

Founded 2020 India India 112 employees Seed Total: $4.13M SaaS

General Information

Company Name SalaryBox
Founded Year 2020
Location India India
Employees 112
Industries SaaS
Funding Stage Seed
Social

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About SalaryBox

SalaryBox is a SaaS startup founded in 2020 with the slogan "Effortless Employee Management". The company offers a solution that simplifies the process of managing employees by providing features such as time and attendance tracking, and employee payments. It aims to help small businesses manage their payroll by eliminating the hassle of manual, paper-based processes. The company's automated system enables payroll processing in seconds and ensures compliance with regulations. In September 2021, SalaryBox secured a $4.00M Seed Round investment from an impressive list of investors, including Y Combinator, Soma Capital, AME Cloud Ventures, Amino Capital, Magic Fund, 2am VC, and notable individuals such as Anand Chandrasekaran, Gokul Rajaram, and Sriram Krishnan. This demonstrates strong support and confidence from the investor community in the company's vision and potential for growth. With a focus on Customer Empathy and Product Innovation, SalaryBox prioritizes building a highly useful and usable product. The company's rapid growth since its establishment reflects its commitment to these values. Operating from India, SalaryBox has attracted attention with its success and has made its platform available on both Android and iOS. The company's strong financial backing and commitment to innovation position it as a significant player in the employee management space.

Taxonomy: HR, Employee Management, Payroll Management, Time and Attendance Tracking, Mobile Application, Small Business, Investment, Start-up, Customer Empathy, Product Innovation, Biometric Attendance, Workforce Management

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round $4.00M 9
Soma Capital, Y Combinator +7
07 Sep 2021
Pre Seed Round $125.00K 1
Y Combinator
31 Aug 2021
Pre Seed Round Undisclosed -
26 May 2021
Pre Seed Round Undisclosed -
03 Sep 2020

SalaryBox Alternatives & Competitors

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SalaryBox vs
PayrollHero.ph
PayrollHero.ph Philippines

Do you have complex Philippine payroll requirements? PayrollHero can help! 🇵🇭

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FAQ About SalaryBox

Effortless Employee Management
SalaryBox was founded in 2020.
SalaryBox is headquartered in India.
SalaryBox operates in SaaS. Its work centres on HR, Employee Management, Payroll Management and Time and Attendance Tracking.
SalaryBox has approximately 112 employees.
SalaryBox has completed 4 funding rounds, raising a total of $4.13M. The latest funding stage is Seed.
Top alternatives and competitors to SalaryBox include Pento, a HiBob company, PagarBook, PayrollHero.ph, Lystloc, Blue Night corporation. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SalaryBox and Pento, a HiBob company are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SalaryBox, https://bouncewatch.com/company/salarybox, updated 5 January 2025. When citing, please name BounceWatch and link this page.

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