OpenComp Closes $20M Series A Funding
- OpenComp, a San Francisco, CA-based provider of compensation intelligence solutions, raised $20M in Series A funding
- The round was led by K5 Global and J.P. Morgan, with participation from TIME Ventures, 8VC, Circle Ventures and Mantis Ventures
- The company intends to use the funds to grow its compensation platform, operations, go-to-market and engineering talent
- The company empowers high-growth companies to make the best business decisions via compensation intelligence
- The platform empowers customers to pay employees fairly and competitively with real-time compensation benchmarking, cross-organization compensation analysis and DEI evaluation tools
- More than 2,000 companies use the platform to attract and empower top talent
