Pave Overview
- Year Founded
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2019
- Status
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Private
- Employees
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130
- Latest Deal Type
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Series C
- Latest Deal Amount
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$100M
- Investors
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24
Pave General Information
Description
Developer of a compensation management platform designed to help companies plan and communicate wages. The company's platform integrates with the existing payroll software to verify details like past performance, equity vesting status, and compensation benchmarks to streamline salary planning, enabling businesses to help employees overcome uncertainty surrounding tax implications and improve their compensation package.
Contact Information
Website
www.pave.comCorporate Office
- 1 Montgomery Street
- Suite 700
- San Francisco, CA 94104
- United States
Corporate Office
- 1 Montgomery Street
- Suite 700
- San Francisco, CA 94104
- United States
Pave Timeline
Pave Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
5. Later Stage VC (Series C) | 07-Mar-2022 | $100M | Completed | Generating Revenue | ||
4. Early Stage VC (Series B) | 10-Aug-2021 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 25-Aug-2020 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | 24-Aug-2020 | $125K | $975K | Completed | Generating Revenue | |
1. Seed Round | 24-Mar-2020 | $850K | $850K | Completed | Generating Revenue |
Pave Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series C | ||||||||
Series B | ||||||||
Series A-4 | ||||||||
Series A-3 | ||||||||
Series A-2 | ||||||||
Series A-1 | 830,489 | $0.000010 | $1 | $1 | 1x | $1 | 3.49% | |
Series A | 3,825,189 | $0.000010 | $1 | $1 | 1x | $1 | 16.07% |
Pave Comparisons
Industry
Financing
Details
Pave Competitors (7)
One of Pave’s 7 competitors is Daric, a Formerly VC-backed company based in Redwood City, CA.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Daric | Formerly VC-backed | Redwood City, CA | ||||
RedCAT Systems | Private Equity-Backed | Boulder, CO | ||||
PayActiv | Venture Capital-Backed | Milpitas, CA | ||||
Tuition.io | Venture Capital-Backed | San Mateo, CA | ||||
Pequity | Venture Capital-Backed | San Francisco, CA |
Pave Signals
Pave Investors (24)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
AlbionVC | Venture Capital | Minority | ||
Atomico | Venture Capital | Minority | ||
Contrary (San Francisco) | Venture Capital | Minority | ||
Craft Ventures | Venture Capital | Minority | ||
Index Ventures | Venture Capital | Minority |
Pave Investments & Acquisitions (2)
Pave’s most recent deal was a Early Stage VC with Nucleus for . The deal was made on 16-Jan-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Nucleus | 16-Jan-2023 | Early Stage VC | Software Development Applications | ||
Advanced-HR | 28-Jun-2022 | Merger/Acquisition | Business/Productivity Software |
Pave FAQs
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When was Pave founded?
Pave was founded in 2019.
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Where is Pave headquartered?
Pave is headquartered in San Francisco, CA.
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What is the size of Pave?
Pave has 130 total employees.
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What industry is Pave in?
Pave’s primary industry is Financial Software.
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Is Pave a private or public company?
Pave is a Private company.
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What is the current valuation of Pave?
The current valuation of Pave is
. -
What is Pave’s current revenue?
The current revenue for Pave is
. -
How much funding has Pave raised over time?
Pave has raised $163M.
-
Who are Pave’s investors?
AlbionVC, Atomico, Contrary (San Francisco), Craft Ventures, and Index Ventures are 5 of 24 investors who have invested in Pave.
-
Who are Pave’s competitors?
Daric, RedCAT Systems, PayActiv, Tuition.io, and Pequity are some of the 7 competitors of Pave.
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