beqom, a Nyon, Switzerland-based leader in cloud-based compensation management software that unifies all compensation and rewards processes on a single platform, announced a $300 million strategic investment from Sumeru Equity Partners (Sumeru).
Sumeru’s investment will fuel additional growth in product innovation to better support Compensation and HCM leaders worldwide.
Company: beqom SA
Raised: $300.0M
Round: Private Equity
Funding Month: April 2022
Lead Investors: Sumeru Equity Partners
Additional Investors:
Company Website: https://www.beqom.com/
Software Category: Compensation Management Software
About the Company: beqom provides a cloud-based compensation management solution that unifies all compensation and rewards processes on a single platform, from salary and bonus to deferred incentives and sales commissions. beqom’s platform is used to streamline compensation management processes for Global 5000 customers, supporting mission-critical rewards processes that impact every employee in an organization. Managing over $300 billion in compensation, beqom’s total compensation solution provides companies of any size and industry, including Mercedes Benz, PepsiCo, Pictet, and DHL, with the flexibility needed to execute their reward strategies to make the most of their human capital. beqom integrates seamlessly with core HCM software, providing the best-of-breed capabilities needed to implement effective compensation strategies worldwide, without compromise. beqom is used across all industry sectors by leading global companies.
Source: https://www.beqom.com/news/beqom-announces-300-million-strategic-investment-from-sumeru