What is Compaas?
Founded in 2016, Compaas offers a data-driven platform that empowers organizations to understand and manage employee compensation effectively. By leveraging advanced data analytics and visualization tools, the company provides businesses with detailed insights into pay equity, market competitiveness, and internal compensation benchmarks. This enables HR departments and leadership teams to make informed decisions, foster transparency, and ensure fair compensation practices, thereby enhancing employee satisfaction and retention in a competitive talent market.
How much funding has Compaas raised?
Compaas has raised a total of $8.6M across 2 funding rounds:
Angel/Seed
$4.3M
Angel/Seed
$4.3M
Angel/Seed (2020): $4.3M with participation from Hashtag Angels, Alpine Meridian, Kapor Capital, Tuesday Ventures, Bloomberg, and Core Ventures Group
Angel/Seed (2020): $4.3M led by Alpine Meridian, Kapor Capital, Tuesday Ventures, HashtagAngels, Bloomberg, and Core Ventures Group
Key Investors in Compaas
Kapor Capital
Kapor Capital is an investment firm known for backing early-stage technology companies, particularly those that aim to create positive social impact and address systemic barriers. Their focus often includes companies leveraging technology to improve access and opportunity.
Bloomberg
Bloomberg Media is a global business news and information organization headquartered in New York that connects leaders with news, data, and insights at the speed of business. As the consumer-facing media division of Bloomberg L.P., the company operates one of the largest business news organizations on earth, powered by an award-winning team of over 2,700 journalists and analysts working across more than 120 global news bureaus in over 70 countries, producing approximately 5,000 stories daily that cover markets, politics, technology, finance, and global economic developments.
Core Ventures Group
Core Ventures Group, founded in 2012 by Shinya Akamine and Joanna Drake, focuses on supporting world-class entrepreneurs in building valuable businesses. They primarily invest in seed stage companies with proven business models and advanced technologies, leveraging their extensive entrepreneurial experience and networks.
What's next for Compaas?
With this substantial strategic investment, Compaas is poised for accelerated growth and product development. The company is expected to enhance its platform capabilities, expand its market reach, and further solidify its position as a leader in the HR technology sector. The backing from strategic investors signals confidence in Compaas's business model and its potential to address critical challenges in compensation management for enterprises navigating complex workforce dynamics and evolving regulatory landscapes.
See full Compaas company page
