Compa, a Newport Beach, CA-based compensation market data provider, raised $10M in Series A funding.
The round was led by Storm Ventures with participation from Penny Jar Capital, HR Tech Investments (an affiliate of Indeed), NJP Ventures, Base10 Partners, and Acadian Ventures.
The company intends to use the funds to expand its network of participating companies and further enhance its compensation intelligence platform.
Founded in 2020 by Charlie Franklin, Taylor Cone, and Joe Malandruccolo, Compa is on a mission to make compensation fair and competitive for everyone. By pioneering offers-based market data, the company provides a real-time source of compensation data, enabling companies to swiftly adapt to market trends. Using Compa, compensation teams access real-time offer data aggregated across a network of participating companies to detect market changes.
Customers include Airbnb, NVIDIA, Stripe, Instacart, Block, DoorDash, Autodesk, and more enterprise companies.
FinSMEs
29/01/2024