beqom Announces $300M Investment for Compensation
beqom, a leader in cloud-based compensation management software announced a $300 million strategic investment from Sumeru Equity Partners.
“Compensation and rewards are at the heart of an organization’s employee experience—since 2009, we have developed software that helps our customers build exceptional workforces that are engaged and inclusive,” says Fabio Ronga, beqom CEO and co-founder. “We are thrilled to partner together with Sumeru to build a global standard for total compensation management. We feel strongly that Sumeru is the right fit as an investor, bringing not only capital but proven expertise and a perfect match in company cultures.”
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. beqom’s total compensation solution provides companies of any size and industry with the flexibility needed to execute their reward strategies to make the most of their human capital.
The investment will fuel additional growth in product innovation to better support Compensation and HCM leaders worldwide.
Announcement: beqom Announces $300M Investment for Compensation