Pequity provides a compensation platform that plugs into HRIS, ATS, and payroll systems to analyze, compare, and manage salaries across an organization, combining company data with market ranges and trends. The product proactively flags pay-equity issues and delivers analytics intended for comp teams, with the goal of increasing transparency for HR, managers, and employees. Pequity launched officially last year and has since acquired over 100 customers; in the past four months its platform was used to make more than 5,000 job offers. The company was co-founded by CEO Kaitlyn Knopp and Warren Lebovics; Knopp previously worked in compensation roles at Google, Instacart, and Cruise. Financially, Pequity raised $19 million in a Series A led by Norwest Venture Partners and will use the capital to invest in product development and hiring. The startup currently has 20 employees and aims to double headcount by the end of the year.

Total raised

$19M

Funding rounds

1

Latest round

Series A

Latest activity

Jun 2021