Compa, a provider of AI-driven compensation intelligence, announced $35 million in Series B funding. The round was led by Jump Capital, with participation from Crosslink Capital, Storm Ventures, Permanent Capital, HR Tech Investments LLC (an affiliate of Indeed, Inc.), and PagsGroup.
For decades, enterprise companies have relied on annual compensation surveys and spreadsheets to set pay, managing one of their largest and most scrutinized financial investments with backward-looking benchmarks. That model is under increasing pressure as labor market volatility pushes boards to demand greater precision and consistency in decisions that affect billions of dollars in annual payroll.
Compa replaces static surveys with software-delivered market data drawn directly from systems of record across its customer network. Companies can compare what they pay across salary, equity, and incentives against their peers in the market, and then leverage AI to accelerate insight discovery, surface risk, and scale intelligence in real-time.
The funding will support the company’s continued growth as enterprise companies seek to replace manual and time-consuming processes with automated intelligence. Itss agents connect to verified, real-time data to continuously perform market analysis across roles, levels, and geographies, speeding up work that previously required weeks of effort. With human-led decision-making accelerated by AI, compensation teams can move faster to compete in hot talent markets.
Some compensation executives are already applying AI to improve pay decisions. Mike Foley, director of compensation at OpenAI, shared,
“In an era of accelerating market change and growing diversity in compensation signals, Compa replaces static surveys with current market data and AI agents to help compensation teams operate with greater speed and strategic clarity. The platform pairs advanced technology with rigorous, practitioner-informed design, reflecting a deep understanding of enterprise compensation in complex, fast-evolving markets.”
“Compensation teams are responsible for managing multi-billion-dollar portfolios in volatile markets,” said Charlie Franklin, co-founder and CEO of Compa. “With stakes this high, adopting AI to help compensation experts make smarter decisions is an essential competitive mandate. (Our) global data network and innovative technology make this possible, and this investment accelerates our ability to scale agentic AI to every enterprise.”
“Most enterprise AI today is still generic. The real impact comes when AI is applied to specific, high-stakes decisions, and compensation is one of the biggest and least modernized of them,” shared Tarun Gupta, partner at Jump Capital. “We invested because it pairs high-quality, real-world compensation data with a disciplined approach that Fortune 50 companies already rely on and trust. That combination gives decision-makers far better visibility and control over how pay decisions are made.”