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Syndio, a Seattle, WA-based EquityTech analytics platform, raised $17.1m in Series B funding. The round was led by Bessemer Venture Partners, with participation from Next Play Capital, Concrete Rose Capital, Emerson Collective and Voyager Capital. In conjunction with the funding, Syndio added Byron Deeter and Talia Goldberg from Bessemer to the board. The company intends to use the funds to drive rapid product development across opportunity equity, benchmarking, and workforce analytics, continue to build more solutions for starting pay and ongoing compensation adjustments with fairnes...

Share this article SEATTLE, Jan. 7, 2021 /PRNewswire/ -- Syndio, the leading EquityTech analytics platform, today announced it has raised $17.1 million in Series B funding. Bessemer Venture Partners led the round, with additional investment from Next Play Capital and Concrete Rose Capital. This builds on Syndio's momentum following a Series A round of $7.5 million in May, co-led by Emerson Collective and Voyager Capital, who also participated in this round. Unprecedented demand for Syndio's platform drove the timeline as pay equity; increased representation of women and minorities in senio...