Syndio Solutions, Inc., an enterprise SaaS solution for addressing fair compensation, closed a $5.2m seed funding round.
Backers included Sirius Partners, Contour Venture Partners and Frontier Venture Capital.
Led by newly named CEO Maria Colacurcio, and Zev Eigen, founder and chief science officer, Syndio is a startup that provides a SaaS solution enabling organizations to find pay equity issues, fix them with both non-economic and economic adjustments identified by the application, and stay in compliance over time as organizations promote and hire people.
The company already has over 20 corporate customers including Match Group and Slack.
It has a distributed team with employees in New York, California and Washington.
Colacurcio formerly co-founded Smartsheet, a Bellevue, Washington based company that went public last April. At Smartsheet, she served as the vice president of marketing & communications. She is also a former Starbucks Corporation director, who focused on enterprise-wide operations in Finance.