Pave
Pave is the compensation platform that gives HR and finance teams live, accurate benchmarking data from thousands of companies. Teams use Pave to set fair pay ranges, model compensation changes, and run annual reviews — all in one connected system.
- Location
- San Francisco, USA
- Raised
- $124M
- Stage
- Series C
- Founded
- 2019
- Category
- SaaS
- Funding
- VC-backed
- Team
- 200-500
Funding figures as of Jul 2025 · not independently verified
Founders of Pave
- Matt Schulman
Investors backing Pave
- Andreessen Horowitz
- Bessemer
- Craft Ventures
Frequently asked questions
What does Pave do?
Pave is the compensation platform that gives HR and finance teams live, accurate benchmarking data from thousands of companies. Teams use Pave to set fair pay ranges, model compensation changes, and run annual reviews — all in one connected system.
Where is Pave based?
Pave is based in San Francisco, USA.
When was Pave founded?
Pave was founded in 2019.
How much has Pave raised?
Pave has raised $124M in their Series C round as of Jul 2025.
Who founded Pave?
Pave was founded by Matt Schulman.
Who has invested in Pave?
Pave is backed by Andreessen Horowitz, Bessemer, Craft Ventures.
How Pave would pitch themselves
○ Auto-generated01Target customer
Business teams looking for modern saas tooling — replacing legacy software or building net-new workflows in this category.
02Problem they solve
Pave is the compensation platform that gives HR and finance teams live, accurate benchmarking data from thousands of companies. Teams use Pave to set fair pay ranges, model compensation changes, and run annual reviews —… The category has historically been served by tools that miss the modern workflow this product is built around.
03Key differentiator
Pave differentiates on real-time compensation benchmarking and planning. Backed by Andreessen Horowitz + Bessemer, $124M raised — the company has resources + validation to compound this thesis. Founded by Matt Schulman.
04Go-to-market strategy
Growth-stage GTM — multi-channel revenue motion (direct enterprise sales, channel partnerships, marketplace listings). Vertical specialisation + verticalised AE teams targeting enterprise + mid-market.