Emolument clinches $1.4m for salary comparison service

Soho start-up has grown to over 65,000 users worldwide and now plans to pursue "aggressive" user acquisition strategey

Free salary comparison service Emolument.com, recently featured in Tech Pitch, has closed a new round of funding totalling $1.4m from 10 angel investors and existing backers.

Launched in 2012 by Thomas Drewry (pictured) and Olivier Beau de Loménie, the Soho-based start-up allows users to receive detailed and interactive remuneration reports vs. their work and university peers, with its website targeted at professionals in finance and legal.

The company aims to provide “transparency ” about what professionals really earn to “help them make more informed career decisions” and has grown to over 65,000 users across 133 countries.

It will use this latest funding to “pursue an aggressive user acquisition strategy” with a goal to become the leading user-generated remuneration data platform in financial and professional services globally.

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