Syndio, founded in 2016, is a technology company that is dedicated to empowering fairness in the workplace. With the slogan "Empowering fairness in the workplace, one pay gap at a time," Syndio's mission is to assist organizations in measuring, achieving, and maintaining workplace equity. The company's focus is on enabling employers to eliminate unlawful pay disparities based on gender, race, and ethnicity, ensuring that compensation decisions are equitable and consistent.
Notably, Syndio has received a $50.00M Series C investment on 27 September 2021 from prominent investors including Bessemer Venture Partners, Contour Ventures, Emerson Collective, Voyager Capital, 75 and Sunny, Anita Lynch, Spencer Rascoff, Alexi Robichaux, and Candace Parker.
Syndio's pay equity analysis software allows companies to swiftly identify and address pay gaps, aligning ethical practices with business objectives. The software is licensed to companies committed to equal pay, enabling them to resolve pay equity issues and maintain compliance over time. The company has established partnerships with industry leaders such as Salesforce, Nordstrom, General Mills, Nerdwallet, Match Group, and others, positioning itself as a standard for workplace fairness.
Overall, Syndio presents a compelling opportunity as a technology company in the analytics industry that is not only addressing critical issues in the workplace but also attracting significant investment interest from established venture capital firms.
