Ravio offers a platform that delivers continuously updated total-rewards benchmarks and compensation management tools, letting customers benchmark salaries, equity and benefits in real time. Customers securely connect their HR systems via API; data is anonymously aggregated into market-level benchmarks using a give-to-get model. The platform covers 46+ countries and 100+ roles and has been used by 1,200+ companies, including Just Eat Takeaway, Octopus Energy, Wise, Adyen, Mollie, Zoopla, Skyscanner and Bolt. Customers report immediate benefits such as easier identification of pay-equity outliers and faster, more accurate salary banding; HERO Software credited Ravio with revealing pay-equity issues during rapid growth. Ravio plans to expand regional and industry coverage, develop advanced market insights (including new-hire benchmarks and predictive analytics) and invest in compensation management tooling. Founded in 2022, the company is offering a 60-day free benchmarking trial for companies with more than 100 employees. Ravio provides a SaaS compensation benchmarking platform that aggregates anonymized employer data via API from HRIS, ATS and cap table systems to deliver real-time market pay and benefits comparisons. The product lets customers compare compensation by location, industry, funding, headcount growth and identify inequalities at individual, job-type and company levels to inform pay and diversity decisions. It operates a sharing-to-participate model: basic benchmarking is free while additional modules will be paid (a freemium approach). The company supports 28 HR systems including Workday, Personio, BambooHR, HiBob and Namely, and says early users include Deliveroo, TrueLayer, Flink, Zego, Healx, Zoomo and Plum Guide. Ravio plans to deepen its dataset by signing more scale-ups, launch paid modules (Manage and Communicate) in the coming months, and focus on European growth this year with broader international expansion next year. The team emphasizes a data-science-led approach with hires experienced in compensation work from large tech firms and academics from Cambridge and Oxford.

Total raised

$22M

Funding rounds

2

Latest round

Series A

Latest activity

May 2025