symmetrical.ai Strengths, Domain Expertise, and Key Differentiators
To address some of the problems plaguing payroll, Symmetrical offers tools designed to help employers access, analyze and manage salary data. Using the API-based platform, managers can approve salaries for domestic and international employees as well as deductions and ad hoc payments, routing data into the relevant systems of record.
symmetrical.ai Recent Developments
In April 2022, Symmetrical.ai, a payroll tech provider raised $18.5 million in financing led by Target Global with participation from Global Founders Capital, Finch Capital, Partech, Market One Capital and Inovo. The proceeds will support Symmetrical’s expansion into new European markets and enterprise clients.
symmetrical.ai Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying symmetrical.ai applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of symmetrical.ai and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Run Payroll, Sync Payroll, Route Payroll, Onboard customers.
Ownership: - x
Number of Employees: 65
Key Verticals: Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, Higher Education, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
symmetrical.ai Key Cloud and HCM Applications
Run Payroll, Sync Payroll, Route Payroll, Onboard
symmetrical.ai HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
symmetrical.ai Revenue Breakdown by Type:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
symmetrical.ai HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2021 HCM Revenues, By Sub-Functional Markets, $M
symmetrical.ai HCM Applications Revenues By Verticals, $M:
symmetrical.ai Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 HCM Applications Revenues, $M|
symmetrical.ai Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
symmetrical.ai Customers - Breakdown by Geo, Size, Vertical and Product
No. of symmetrical.ai Customers: 50
No. of symmetrical.ai HCM Applications Customers: 50
No. of symmetrical.ai Cloud HCM Customers: x
No. of symmetrical.ai Cloud HCM Subscribers: x
Symmetrical.ai has a customer base of over 50 companies.
symmetrical.ai Market Opportunities, M&A and Geo Expansions
Symmetrical occupies a profitable segment of the broader HR software industry — an industry into which venture capitalists injected more than $12.3 billion last year.
symmetrical.ai Risks and Challenges
As a relatively new company Symmetrical has to compete with vendros like Payfit, SeamlessHR, Papaya Global and Everee.
symmetrical.ai Ecosystem, Partners, Resellers and SI
Symmetrical integrates with vendors like SAP, Workday, Sage, BambooHR, Xero, Quickbooks, UKG, Greenhouse and many more.
symmetrical.ai Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- symmetrical.ai Public Cloud and Infrastructure (IaaS)
- symmetrical.ai Platform (PaaS)
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- symmetrical.ai Private Cloud and Data Centers
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
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