Compa secures $35m to scale AI compensation platform
Series B round to support global expansion as enterprises adopt automated pay intelligence
Compa has raised $35 million in Series B funding to expand its artificial intelligence-based compensation platform, the company said in a statement.
The round was led by venture capital firm Jump Capital, with participation from Crosslink Capital, Storm Ventures, Permanent Capital, HR Tech Investments, an affiliate of Indeed, and PagsGroup.
Compa, based in Newport Beach, said its platform uses agentic AI tools to analyse pay data drawn from a network of nine million real-time market observations. These insights enable compensation teams to benchmark roles, levels and geographies without the delays associated with traditional analysis.
“Compensation teams are responsible for managing multi-billion-dollar portfolios in volatile markets,” said Charlie Franklin, co-founder and chief executive of Compa.
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“With stakes this high, adopting AI to help compensation experts make smarter decisions is an essential competitive mandate. Compa’s global data network and innovative technology make this possible, and this investment accelerates our ability to scale agentic AI to every enterprise.”
The company said the funding will support growth as organisations replace manual processes with automated systems capable of adjusting compensation decisions in real time. Global enterprises currently use Compa to respond to changing labour conditions across their workforces.
The Recap
- Compa raised $35 million in a Series B funding round.
- Network aggregates nine million real-time market observations globally.
- Funding will support expansion of agentic AI for enterprises.
