HomeFinTechSyndio: Raises $17.1M in Series B Funding

Syndio: Raises $17.1M in Series B Funding

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  • Syndio, a Seattle, WA-based EquityTech analytics platform, raised $17.1m in Series B funding
  • The round led by Bessemer Venture Partners, with participation from Next Play Capital, Concrete Rose Capital, Emerson Collective, and Voyager Capital
  • In conjunction with the funding, Syndio added Byron Deeter and Talia Goldberg from Bessemer to the board
  • The company also intends to use the funds to drive rapid product development across opportunity equity, benchmarking, and workforce analytics
  • Syndio also provides PayEQ, which used by over 100 companies to analyze and resolve pay disparities based on gender, race, or ethnicity across 2.3M employees
  • Current customers include Adobe, Hyatt, Nordstrom, Salesforce, Slack, and StitchFix
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