Venture Capital News: Pave Lands $46M Series B Funding Round
2021-08-10
SAN FRANCISCO, CA, Pave, the leading compensation technology platform, announced today that it has raised $46 million in Series B funding.
The round was led by the YC Continuity Fund and has welcomed Ali Rowghani to its board. The round also includes participation from existing investors Andreessen Horowitz, Bessemer Venture Partners and others. Pave integrates directly with customers' HR and equity systems so that customers have access to real-time compensation data and never have to use spreadsheets for compensation surveys, merit cycles, or total rewards statements again.
Pave provides a suite of tools to plan and communicate total compensation, eliminating confusion around equity and helping employees dream big about their future. The Pave suite integrates with dozens of ATS, HRIS, and equity management tools, including Greenhouse, TriNet, BambooHR, Namely, Lever, ADP, Workday, Jobvite, Shareworks, Rippling, Justworks, Paylocity, Sapling, UltiPro, Carta, and E-Trade. Founded in 2019 by CEO Matt Schulman, Pave is headquartered in San Francisco. Learn more about Pave's vision from our CEO and founder, and visit us at pave.com.
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