Bessemer Venture Partners led the round, with additional investment from Next Play Capital and Concrete Rose Capital.

This builds on Syndio's momentum following a Series A round of $7.5 million in May, co-led by Emerson Collective and Voyager Capital, who also participated in this round. Unprecedented demand for Syndio's platform drove the timeline as pay equity; increased representation of women and minorities in senior leadership; and workplace fairness have become table stakes for the enterprise. Syndio adds Byron Deeter and Talia Goldberg from Bessemer to the board.

Syndio's mission is to empower employers to eradicate unlawful pay disparities due to gender, race, and ethnicity and make ongoing compensation decisions informed by fairness and equity data. Syndio customers drastically reduce legal risk, saving millions in ongoing remediation and create a positive brand reputation, which helps attract and retain top talent at every level of the business. Syndio is proud to partner with brands who are leading the way in equity and setting the standard for workplace fairness.