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Compete: Raises $15M in Series A Funding

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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

Compete Raises $15M in Series A Funding

  • Compete, a Tel Aviv, Israel-based provider of a SaaS platform for real-time compensation and benefits benchmarking, raised $15M in Series A funding
  • The round was led by Tiger Global with participation from Aleph and Vine Ventures
  • The company intends to use the funds to expand into US and UK and bolster its global teams
  • The set of HR data includes gender, tenure, role to salary, signing bonus, annual bonus, stock options, equity, promotion cycles, and talent mapping
  • It also factors in dozens of benefits, including maternity and paternity leave, 401K policies, vacation policies, commission plans, and health benefits
  • The available data is in-depth and tailored according to seniority, technology roles such as how a back-end engineer compares to a mobile engineer, and numerous others
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