CA-based Compa secures $10Million in series A round funding. Storm Ventures led the investment, with participation from Acadian Ventures, HR Tech Investments (an affiliate of Indeed), Penny Jar Capital, NJP Ventures, and Base10 Partners.
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The money will be used by the business to develop its compensation intelligence platform and widen its network of affiliated businesses. Charlie Franklin, Taylor Cone, and Joe Malandruccolo founded Compa in 2020 with the goal of ensuring that pay is competitive and equitable for everybody.
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The company delivers a real-time source of compensation data by inventing offers-based market data, which helps businesses quickly adjust to market developments. Compensation teams can track changes in the market by using Compa to receive real-time offer data that has been aggregated across a network of participating organizations.
About Compa
Their goal at Compa is to ensure that everyone receives competitive and equitable compensation. They think improved offers are where this starts. They are pleased to present Compa Index, a brand-new offer-driven source of real-time market data.
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You have access to real-time comp data based on system of record verified offers, balanced and matched like surveys but fully automated, by integrating ATS offer data across their customer network in a give-to-get paradigm.
