About Pave
Pave is a company based in San Francisco (United States) founded in 2012 by Matt Schulman, Sal Lahoud, and Oren Bass. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Pave has raised $175 million across 19 funding rounds from investors including Bessemer Venture Partners, Index Ventures and Andreessen Horowitz. The company has 132 employees as of December 31, 2023. Pave has completed 1 acquisition, including AdvacedHR. Pave offers products and services including Compensation Benchmarking, Market Pricing, Compensation Planning, and Total Rewards Portal. Pave operates in a competitive market with competitors including Papaya Global, PayScale, Exactuals, Salary.com and CloudPay, among others.
- Headquarter San Francisco, United States
- Employees 132 as on 31 Dec, 2023
- Founders Matt Schulman, Sal Lahoud, Oren Bass
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Trove Information Technologies, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$175 M (USD)
in 19 rounds
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Latest Funding Round
$96.75 K (USD), Grant
Jun 01, 2024
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Investors
Bessemer Venture Partners
& 17 more
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Employee Count
132
as on Dec 31, 2023
- Investments & Acquisitions
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Products & Services of Pave
Pave offers a comprehensive portfolio of products and services, including Compensation Benchmarking, Market Pricing, Compensation Planning, and Total Rewards Portal.
Real-time compensation data is provided for benchmarking purposes.
Job pricing is automated using real-time compensation data.
Merit cycles are managed with efficient planning tools.
Employee rewards are communicated through a dynamic portal.
People of Pave
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Funding Insights of Pave
Pave has successfully raised a total of $175M across 19 strategic funding rounds. The most recent funding activity was a Grant round of $96.75 thousand completed in June 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Pave
Pave has secured backing from 18 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Index Ventures and Andreessen Horowitz.
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Venture capital investments in technology startups and entrepreneurs.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Venture capital firm focused on seed-stage investments
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Investor details for Pave
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Investments & Acquisitions by Pave
Pave has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AdvacedHR.
Investment portfolio details for Pave
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- Portfolio identities
- Transaction dates
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Compensation data and tools for private startups are provided.
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Complete acquisition details for Pave
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
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Financial Statements - Pave
Detailed financials for Pave
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Pave Comparisons
Peer comparison for Pave
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Competitors of Pave
Pave operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Papaya Global, PayScale, Exactuals, Salary.com and CloudPay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based payroll management solutions are offered for businesses.
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Payroll compensation management software is provided for businesses.
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Cloud-based payroll management is delivered to enterprises in creative sectors.
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On-demand compensation, payroll, and performance tools are provided for enterprises.
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Cloud-based payroll software is offered for business management.
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Detailed competitors of Pave
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Latest news on Pave
Complete news archive for Pave
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Frequently Asked Questions about Pave
Pave was founded in 2012.
Pave is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Matt Schulman is the current CEO of Pave. They have also founded this company.
Pave is a funded company, having raised a total of $175M across 19 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Pave is 132.
Pave is recognized for providing a compensation intelligence platform used by over 8,000 companies. Real-time compensation benchmarks, predictive machine learning, and AI-infused workflows are integrated to support pay decisions. Solutions such as Compensation Benchmarking, Market Pricing, Compensation Planning, and Total Rewards Portal are designed for HR professionals. The platform serves various sectors, including technology and enterprise organizations, to enhance compensation strategies and transform pay decisions into competitive advantages.
Pave's top competitors include Papaya Global, PayScale and Syndio.
Pave offers Compensation Benchmarking, Market Pricing, Compensation Planning, and Total Rewards Portal.
Pave has made 1 acquisition, including AdvacedHR.
Pave has 18 investors. Key investors include Bessemer Venture Partners, Index Ventures, Andreessen Horowitz, LocalGlobe, and Craft Ventures.
The valuation of Pave is $1.6B as of Jun 2022.