Compa, a California company offering AI-powered compensation tools for enterprises, announced a $35 million round of Series B funding on Monday. The raise, led by Jump Capital, allows Compa to scale its agentic AI offering to more organizations.
The company works to modernize how organizations determine employee compensation and compete for talent. Rather than depending on annual surveys and spreadsheets, enterprises can leverage Compa’s software to glean insights from market data and compare what they pay against their peers in Compa’s customer network. Its automated agents continually analyze data across roles, levels and geographies, helping companies expedite weeks’ worth of manual work.
Currently operating with a team of about 75 people, Compa’s foremost investment plans for its Series B include growing its team and scaling its product.
“Most of our hiring is focused on engineering and AI, where we’re building and scaling AI agents that perform manual compensation tasks like market pricing, benchmarking and equity analysis using real-time market data instead of static surveys,” Charlie Franklin, Compa’s co-founder and CEO, wrote Built In. “On the go-to-market side, we’re focused on driving AI adoption within Fortune 500-scale enterprises. We’re bringing in specialized talent with deep compensation expertise to help customers implement our AI products effectively and drive ROI.”
Compa is prioritizing building out its applied AI, security and infrastructure teams within its technology segment. Its go-to-market organization will focus on meeting growing demand for its compensation solution and expertise among enterprise customers. The company will expand its customer success, compensation insights and compensation data teams in response.
