Brazilian HRtech Comp raised a $17.5M Series A round led by Khosla Ventures, marking the firm’s first investment in Brazil. Kaszek, Canary, Abstract Ventures, and Endeavor Catalyst also participated in the round.
Comp helps companies build smarter compensation strategies by combining AI-powered software and real-time salary benchmarking data from over 1K companies, acting as an outsourced, tech-enabled compensation function covering everything from pay structure design to total rewards planning.
Comp will use the funds to grow its team, enhance the platform, and open an office in the US.
Founded in 2022, Comp serves over 100 companies, including Nubank, Stone, iFood, Creditas, Evertec, Conta Simples, and Celcoin.
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