Syndio, a Seattle WA-based workplace analytics platform provider, raised $50M in Series C funding.
The round, which brought total funding to $83m, was led by Emerson Collective and Bessemer Venture Partners with participation from Voyager Capital.
The company intends to use the funds to accelerate growth, new product development and its hiring efforts.
Co-founded in 2017 by pay equity attorney and MIT PhD, Zev Eigen, who serves as the company’s Chief Science Officer, and led by Maria Colacurcio, CEO, Syndio provides a workplace analytics platform to ensure fairness and equity are part of every employment decision. Its data-science powered software enables companies to analyze and resolve pay equity issues due to gender, race or other comparisons, and to monitor it over time. Its platform is used by 200 companies including Nerdwallet, Nordstrom, Salesforce, and General Mills to measure the pay of over 2.6 million employees in the United States.