Compa’s Series B: A Look Back and a Leap Forward in Compensation

We’re thrilled to share the news of Compa’s Series B announcement, where they raised $35M to continue fundamentally rethinking how enterprises approach compensation.

Raising capital is always an exciting milestone and worthy of being celebrated (as are the agentic products recently announced). But our founders, like Charlie, Joe, and Taylor, will tell you that it’s exactly that: one milestone in a much longer journey to fulfill a much larger vision. It does, however, serve as the perfect moment to reflect on Compa’s, both where they have been and where they are going.

Compa’s story, like many of the most impactful companies, is rooted in people. But unlike most, Compa’s scale is unique. It’s not just about the Compa team or its customers, but also about every enterprise employee worldwide.

The vision Charlie, Joe, and Taylor had for Compa was as bold as it was logical. They couldn't understand how the modern enterprise could justify making its largest investment decisions (in its people) with data that was 6 to 12 months old. To them, it made no sense that a company would manage its hiring offers with less precision than a trader manages a public equities portfolio. So they set out to build what, to quote Charlie, is “a Bloomberg Terminal for compensation,” replacing outdated surveys with real-time intelligence. 

Their vision faced tremendous pressure early on. When we first met the team, they were navigating a difficult pivot and were only a few weeks away from missing payroll. The stoicism they displayed in that high-stakes environment was remarkable. They were steadfast in their mission and built a strong syndicate of investors who shared their vision…enabling them to make payroll.

Ultimately, that mission was centered on elevating the people who do the hard work of compensation. For too long, these professionals have been largely forgotten, operating without the products, community events, or resources that their colleagues in other departments take for granted. Compa stepped into that void. Their platform is one part of the solution, but the community they have built is equally impactful in bringing both the topic of compensation and the compensation professionals themselves directly into the boardroom. 

While the headlines today focus on the splash of a Series B, we want to salute the incredible work the team has done and their unwavering focus on people across every dimension of this journey. Seeing Compa now as a critical partner to the defining companies of our generation is a testament to that commitment. They have moved this entire industry forward and changed the way organizations think about compensation. We are immensely proud to be investors and partners with Charlie, Joe, Taylor, and the entire Compa team, and grateful to be part of the story they continue to write.

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