Syndio, a Seattle, Washington-based leading workplace analytics platform with a mission to ensure fairness and equity are part of every employment decision, raised $50 million in Series C funding.
Emerson Collective and Bessemer Venture Partners led the round, with additional investments from Voyager Capital. This was Emerson and Voyager's third investment in Syndio and Bessemer's second. In total, Syndio has raised $83 million.
The new capital comes at a pivotal time of growth for Syndio and will help fund new product developments and hiring efforts to build an even greater platform to tackle workplace equity and meet the company's growing customer demand.
Company: Syndio Solutions, Inc.
Raised: $50.0M
Round: Series C
Funding Month: September 2021
Lead Investors: Emerson Collective and Bessemer Venture Partners
Additional Investors: Voyager Capital
Company Website: http://www.synd.io/
Software Category: Workplace Analytics Platform
About the Company: 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: https://www.prnewswire.com/news-releases/workplace-analytics-platform-syndio-announces-50m-series-c-led-by-bessemer-venture-partners-emerson-collective-and-voyager-capital-301385219.html