Compt Raises $13M in Series A Financing

Compt

Compt, a Boston, MA-based employee perk stipend software company, raised $13M in Series A funding.

The round was led by Battery Ventures.

The company intends to use the funds to expand operations and its business reach across global companies.

Led by CEO Amy Spurling, Compt provides an employee stipends platform for companies who demand an inclusive approach to employee perks and benefits for their teams.

The vendor-agnostic stipend software is built with personalization in mind, allowing teams to assign set stipends in broad categories like “health and wellness” or “family.” Employees then pick services in those categories that appeal to them. To get reimbursed, they upload photos of receipts via Compt’s application or its direct integration into Slack.

Compt supports companies in 60 countries and integrates with the essential tools they already use like ADP, UKG, BambooHR, Sapling, Slack, Google, and more.

FinSMEs

15/04/2022