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Pave

Employee compensation tools

Pave logo
201-500 employees
  • Fintech
  • B2B
  • HR
  • Market research
  • SaaS
Union Square, San Francisco, CA

Company mission

To build the world's best compensation tools and easily accessible market data so companies can plan, communicate, and benchmark in real-time.

Top investors

Some candidates hear
back within 2 weeks

10% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

Compensation survey and merit cycle processes are integral to so many businesses, and yet remain time-consuming manual activities. Staff often lack financial training resulting in spreadsheet induced errors. Pave saw a need to update and streamline the process.

The core advantage of Pave is its ease of integration with HRIS, ATS and cap table software, creating real-time compensation data views without the need for spreadsheets. Using the software creates a fair and transparent system that management can rely on and employees can respect. The company has seen strong momentum, with backing from big names like Y Combinator and az16.

Some organisations have been reluctant to adopt solutions like Pave’s on account of the radical transparency it provides. However, with companies like Credit Karma, Miro and Discord all signing on, Pave has proven its ability to draw lucrative enterprise-level clients. This bodes well for the company’s ongoing success.

Benefits

  • Compensation: Startup equity for full-time employees
  • Wellness: Top tier health insurance along for full-time employees
  • Food: All meals while working, plus snacks. We take our snacking seriously
  • Commute: Commuter pre-tax benefit accounts + employer contribution for full-time employees
  • Tech: Choose your laptop and accessories of choice
  • Team: Retreats, happy hours, and events for our team, friends, and family
  • Flexible Time Off: Take the time you need - we encourage our team to unplug with unlimited PTO
  • WFH Wednesday: A dedicated work from home day each week + additional flexibility by team!

Company values

  • Bring Your Fire
  • Be Intellectually Honest
  • Focus On Impact
  • Be Transparent
  • Hug Of Jawn
  • Stretch The Rubber Band, But Don’t Break It

Funding (last 2 of 4 rounds)

Jun 2022

$100m

SERIES C

Aug 2021

$46m

SERIES B

Total funding: $170m

This company has top investors

Founders

Matt studied at the Wharton School before working as an Engineer at DollarsEd and spending 2 years as a Facebook Software Engineer. He left this role in June 2019 to co-found Pave in October.

Endorsements

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Tech & tools (1)

Intelligent people (1)

Hard working team (1)

Team energy (1)

Innovative product (1)

Data-driven decisions (1)

Job (1)

All locations

Software Engineering

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