Pave

Compensation management solutions for businesses

New York City, New York, United States

About Pave

Pave provides compensation management solutions designed for businesses of all sizes, particularly those backed by venture capital. Its main product is a suite of tools that integrate with existing HR Information Systems (HRIS), Applicant Tracking Systems (ATS), and Cap Table software, allowing companies to access real-time data for employee compensation planning and benchmarking. This integration helps eliminate the need for spreadsheets and manual data entry, enabling HR leaders to make informed decisions based on accurate information. Pave operates on a subscription-based model, offering various tiers that may include advanced analytics and personalized support. The company aims to simplify the compensation analysis process, making it easier for HR departments to ensure fair and competitive pay, which can lead to improved employee satisfaction and retention.

New York City, New YorkHeadquarters
2019Year Founded
$165.4MTotal Funding
SERIES_CCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
1-10Employees

Benefits

Competitive salary
Equity
Medical, dental & vision coverage
Commuter benefits
Catered lunch
Unlimited PTO policy

Risks

Competition from established HR tech companies like Workday and ADP is intensifying.
Data privacy concerns may arise from integrating with multiple HR systems.
Economic downturns could impact Pave's growth due to reliance on VC-backed clients.

Differentiation

Pave offers real-time compensation data, eliminating the need for spreadsheets.
Seamless integration with HRIS, ATS, and Cap Table systems sets Pave apart.
Pave's platform is powered by the largest real-time compensation dataset globally.

Upsides

Partnership with UKG enhances Pave's platform with valuable organizational data.
Pave's subscription model aligns with growing trends in enterprise software.
Increased focus on pay equity boosts demand for Pave's data-driven solutions.