News

Our Seed Round and Product Launch

Charlie Franklin
August 26, 2021
1 min read
A letter from our CEO

Today is a big day for Compa. We are announcing our $3.9 million Seed round investment, and we are launching our product, deal desk software for Talent Acquisition teams. I want to share why I am so excited about this milestone and the journey ahead.

I co-founded Compa with Joe and Taylor in 2020 after working for a decade in HR. We set out with a mission to make compensation fair and competitive for everyone, and the belief that better data and simple tools, put in the hands of decision-makers, could make this possible. The past year has been a whirlwind of rapid growth—we turned an idea into a product, and put it into the hands of recruiters to make smarter offers.

With our Seed investment, we are able to accelerate our product development and bring Compa to even more Talent Acquisition teams. I am deeply humbled and proud of the extraordinary investors backing Compa from Base10, Crosscut, Acadian, and our fantastic angel investors. We are vision-aligned: now is more important than ever to pay people fairly and competitively. As the world of work transforms, companies find themselves competing for talent in new markets with fresh competitors. Compa helps Talent Acquisition teams navigate this changing landscape with software that simplifies creating and communicating winning offers.

Thank you to our families, friends, advisors, investors, and customers who have believed in us from the beginning. We are just getting started!

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