OpenComp

company

About

Helping thousands of the world's fastest-growing companies grow faster and smarter, while paying fairly.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
$20M
Industries
Analytics,FinTech,Management Information Systems,SaaS,Software
Founded date
Jan 1, 2021
Number Of Employee
51 - 100
Operating Status
Active

OpenComp empowers high-growth companies to confidently make the best business decisions with compensation intelligence. More than 2,000 companies use OpenComp to attract and empower top talent in fair, consistent ways, including Calm, DataRobot, Discord, DrChrono, Figma, Medium, Mosaic, Mux, and Reddit.

Founded in 2021 by Thanh Nguyen and Nancy Connery, Salesforce’s founding HR team, OpenComp has raised $24 million in venture capital from J.P. Morgan, TIME Ventures (the investment fund for Marc Benioff), 8VC and more.

OpenComp is available for free for organizations up to 50 employees, with tiered pricing and services for other organizations based on size and needs.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$20M
OpenComp has raised a total of $20M in funding over 2 rounds. Their latest funding was raised on Feb 24, 2022 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 24, 2022 Series A $20M 1 JP Morgan Detail

Investors

Number of Lead Investors
Number of Investors
1
1
OpenComp is funded by 1 investors. JP Morgan are the most recent investors.
Investor Name Lead Investor Funding Round
JP Morgan Yes Series A