Syndio Receives Seven-Figure Investment from Penny Jar Capital
- Syndio, a Seattle, WA-based pay equity company, received a seven-figure investment from Penny Jar Capital, an early-stage investment firm anchored by Stephen Curry
- The amount of the deal was not disclosed
- The company intends to use the funds to accelerate growth to enable organizations to establish lasting workplace equity
- The company is a maker of pay equity software used by hundreds of Fortune 2000 companies
- The company is continuing to release new features, most recently releasing Pay Finder, a feature set that allows companies to guide discretion and eliminate bias in starting pay and promotions
- Penny Jar Capital joined existing Syndi’o investors Bessemer Venture Partners, Emerson Collective, and Voyager Capital
