# Incentiv

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/incentiv-2

- Industry: Software
- Headquarters: New York, US
- Website: www.incentiv.co
- Total disclosed funding: $3M
- Latest round: Seed (Jan 11, 2024)
- Investors on record: 1

## About

Founded in 2023 and based in New York, US, Incetiv, Inc. operates as an information portal providing personnel management and CEO compensation benchmarking services to private businesses and investment organizations. Yash Kochar (CTO), Matt Fanelli (CEO), and Christopher Chi (COO) are the co-founders of the company. In January 2024, Incentiv, Inc. raised USD 3 million in seed funding led by Bowery Capital.

The company provides a platform, Incentive, which is designed to streamline the complexities of executive talent management, offering a comprehensive suite of tools tailored to the unique needs of investment firms and private companies. For investment firms, Incentiv serves as a strategic partner, aiding growth equity and private equity firms in managing people across worldwide portfolios. The application collects data through a single hub and offers pre-built portfolio analytics and industry benchmarking. Incentiv also allows investment firms to tailor their decisions to the market, preventing overspending and undermotivating leaders.

Private companies benefit from Incentiv's extensive coverage and personalised benchmarks, which allow executives to make data-driven decisions and foster trust within their organizations. The platform's compensation management tools, proactive notifications, and reminders help to improve talent management. The Incentiv platform’s range of features includes executive compensation benchmarking precision, centralized management of equity incentive plans, customization of company bonus pools, talent development tracking, robust succession planning, and diversity measurement.

The organization plans to use the January 2023 funding to expand its go-to-market team and launch new features that assist clients in making data-driven choices about all aspects of employee and incentive management, including individual executive pay and employment conditions, bonus pools, and company equity plans.

## Funding rounds

- Seed, Jan 11, 2024, $3M — Bowery Capital

## Investors

- Bowery Capital (https://capitalatlas.ai/funds/bowery-capital) — Seed