Pave

Financial ServicesSeries CSan Francisco, USpave.com

Latest round

Series C

Last raised

Jun 2022

Total raised

$170M

Investors

14

About Pave

Founded in 2019 and headquartered in San Francisco, US, Pave specializes in compensation management software. The founders of Pave include Matt Schulman, Pavle Vlastimirovic, and Richard Stolls, with Schulman also serving as the CEO. To date, Pave has completed a total of 7 deals, with the most recent being on June 28, 2022.Pave specializes in compensation management software designed to empower organizations with real-time compensation data and predictive insights. Its core product offerings include tools for compensation benchmarking, market pricing, compensation planning, and total rewards portals, which facilitate automated salary range development and streamlined merit cycle management. Pave's platform aggregates compensation data from over 8,000 companies globally, allowing users to make informed pay decisions based on industry standards.Pave generates revenue through a subscription-based model that grants clients access to its suite of compensation management tools. Clients engage with Pave by subscribing to various service tiers, including free access to basic compensation data and premium plans with advanced features and insights. The transactions follow systematic billing cycles based on the chosen subscription level, with clients utilizing Pave's tools to enhance their compensation strategies. The company is actively working on enhancing its compensation management tools, with plans for new product features expected to be rolled out in the next 12 months. Geographic expansion is also a key focus, particularly targeting markets in Europe and Asia-Pacific by the end of 2023, to better serve its growing global client base.

Who invested in Pave

14 investors across 4 rounds

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Funding rounds

  1. Series C

    Jun 28, 2022

    Amount

    $100M

    Investors

    Locked

  2. Series B

    Aug 10, 2021

    Amount

    $46M

    Investors

    Locked

  3. Series A

    Sep 5, 2020

    Amount

    $16M

    Investors

    Locked

  4. Series A

    Apr 12, 2016

    Amount

    $8M

    Investors

    Locked

Questions about Pave

Who invested in Pave?

Pave has 14 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pave raised?

Pave has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Pave last raise money?

Pave's most recent round on record is a Series C, in Jun 2022.

What does Pave do?

Founded in 2019 and headquartered in San Francisco, US, Pave specializes in compensation management software.

Where is Pave headquartered?

Pave is headquartered in San Francisco, US.

Which VCs invest in companies like Pave?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Pave's stage. Their profiles are linked below.

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