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Pave is a San Francisco-based financial technology company that develops compensation management software to help enterprises plan, benchmark, and communicate employee pay structures. The platform eliminates manual spreadsheets by integrating directly with corporate human resources information systems, applicant tracking systems, and capitalization tables to provide real-time analytics. Operating as a growth-stage enterprise with a workforce of 170 employees, the firm reached a $1.6 billion valuation following a $100 million Series C funding round in 2022. This financing brought the organization's total raised capital to over $150 million to support its continued global software expansion. Pave is backed by prominent venture capital firms including Y Combinator, Andreessen Horowitz, and Bessemer Venture Partners, serving corporate customers such as Discord and Shopify. Originally operating under the name Trove, the company was founded in 2019 by Matt Schulman.
Pave has raised $167.0M across 5 funding rounds.
Key people at Pave.
Pave was founded in 2016 by Matt Schulman (Founder).
Pave has raised $167.0M in total across 5 funding rounds.
Pave has raised $167.0M across 5 funding rounds. Most recently, it raised $100.0M Series C in June 2022.
Key people at Pave.
Pave was founded in 2016 by Matt Schulman (Founder).
Pave has raised $167.0M in total across 5 funding rounds.
Pave's investors include Mark Goldberg, Alumni Ventures, Andreessen Horowitz, C2 Investment, Cambrian Ventures, Chemistry VC, Coatue, Contrary Capital, Electric Capital, Exponent Founders Capital, Founders Fund, Franklin Templeton Investments.
