TLDR: Compa, a compensation market data provider, has raised $10 million in Series A funding. The funding round was led by Storm Ventures and included participation from Penny Jar Capital, HR Tech Investments (an affiliate of Indeed), NJP Ventures, Base10 Partners, and Acadian Ventures. Compa plans to use the funds to expand its network of participating companies and enhance its compensation intelligence platform.
Key points:
- Compa, a compensation market data provider, has raised $10 million in Series A funding.
- The funding round was led by Storm Ventures and included participation from Penny Jar Capital, HR Tech Investments (an affiliate of Indeed), NJP Ventures, Base10 Partners, and Acadian Ventures.
- Compa plans to use the funds to expand its network of participating companies and enhance its compensation intelligence platform.
- Founded in 2020, Compa aims to make compensation fair and competitive for everyone by providing real-time offers-based market data.
- Customers of Compa include Airbnb, NVIDIA, Stripe, Instacart, Block, DoorDash, Autodesk, and more enterprise companies.
Compa, a compensation market data provider, has secured $10 million in Series A funding. The funding 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 plans to use the funds to expand its network of participating companies and further enhance its compensation intelligence platform. Compa, founded in 2020, is on a mission to ensure fair and competitive compensation for everyone by pioneering offers-based market data. The company provides real-time compensation data, allowing companies to quickly adapt to market trends. Its network of participating companies provides aggregated offer data, enabling compensation teams to detect and respond to market changes effectively. Notable customers of Compa include Airbnb, NVIDIA, Stripe, Instacart, Block, DoorDash, and Autodesk, among others. With this funding, Compa aims to continue revolutionizing the compensation market and delivering valuable insights to its customers.
