How much did Syndio raise?

Syndio raised $17 Million in a Series B round on January 7, 2021.

EquityTech Leader Syndio Announces $17.1M Series B, Led by Bessemer Venture Partners

PRIVATEJan 07, 2021

Amount Raised

$17 Million

Round Type

Series B

SeattleSoftware

Description

Syndio, the leading EquityTech analytics platform, today announced it has raised $17.1 million in Series B funding. Bessemer Venture Partners led the round, with additional investment from Next Play Capital and Concrete Rose Capital.

Quick answer

Syndio raised $17 Million in a Series B round, dated January 7, 2021. Syndio is based in Seattle, Washington, United States.

How much did Syndio raise?: Syndio raised $17 Million in a Series B round on January 7, 2021.
What does Syndio do?: Syndio's mission is to empower employers to eradicate unlawful pay disparities due to gender, race, and ethnicity and make ongoing compensation decisions that are consistent and equitable.
Where is Syndio based and how big is it?: Syndio is based in Seattle, Washington, United States.

Source: Fundz verified event record.

Who else raised in Software around the same time

Companies in the same sectors as Syndio that raised within 45 days of this round, from Fundz verified event records.

Locus Robotics raised $151M on February 19, 2021.
Tools for Humanity raised $6M on February 19, 2021.
Innovaccer raised $75M on February 19, 2021.
75F raised $700K (Seed) on February 18, 2021.
Sentry raised $60M (Series D) on February 18, 2021.
Spacelift raised $5M (Seed) on February 18, 2021.

Who to call at Syndio, and when

A new round usually means Syndio is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Syndio

Location

Seattle, Washington, United States

About

Syndio's mission is to empower employers to eradicate unlawful pay disparities due to gender, race, and ethnicity and make ongoing compensation decisions that are consistent and equitable. Syndio customers drastically reduce legal risk, save millions in ongoing remediation, and create a positive brand reputation, which helps attract and retain top talent at every level of the business. Over time, we help companies close their pay gap. Syndio is proud to partner with brands – including Salesforce, Nordstrom, General Mills, Nerdwallet, Match Group and many more – who are leading the way in equity and setting the standard for workplace fairness. SOURCE Syndio

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What this usually means

Timeline to next round

Series B companies typically work for 15-20 months before raising new capital

Growth expectations

Series B companies are expected to scale rapidly and expand market reach

Syndio raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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