# Aeqium

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aeqium

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.aeqium.com
- Total disclosed funding: $5.8M
- Latest round: Seed (Nov 23, 2022)
- Investors on record: 2

## About

Based in California, US, and founded in 2020 by CEO Peter McKee, Jared Katz, and Dwijien Patel, Aeqium, Inc., a.k.a. Aeqium operates as a provider of software-as-a-service (SaaS) platform that allows users to automate their business processes like employee recruitment and compensation management. In November 2022, Aeqium, Inc. raised USD 5.8 million in seed funding led by Ridge Ventures, with participation from Vestigo Ventures.

The company provides an automated total compensation management platform that automates manual workflows and gives compensation decision-makers the insight for better decision-making in multiple areas, including cyclic reviews, headcount planning, compensation bands, pay equity, and more. The platform offers a unified view for understanding compensation by extracting data from different HR and finance systems through stock, payroll, HRIS, and ATS integrations.  

Aeqium plans to use its proceeds from November 2022 funding to advance its solution that aims to automate the total compensation management for managers, executives, employees, and people teams.

## Funding rounds

- Seed, Nov 23, 2022, $5.8M — Ridge Ventures, Vestigo Ventures

## Investors

- Ridge Ventures (https://capitalatlas.ai/funds/ridge-ventures) — Seed
- Vestigo Ventures (https://capitalatlas.ai/funds/vestigo-ventures) — Seed