Compa Secures $35M to Scale “Agentic AI” for Compensation Teams [Los Angeles Times (CA)]
Ericsson - American Depositary Shares each representing 1 underlying Class B share (ERIC)
Last ericsson - american depositary shares each representing 1 underlying class b share earnings: 4/22 01:48 am
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Source: Los Angeles Times
Crosslink Capital Storm Ventures Permanent Capital , HR Tech Investments LLC (an affiliate of Indeed Inc.) and PagsGroup . The funding will support Compa as enterprise companies are replacing manual processes with AI. “Compensation teams are responsible for managing multi-billion-dollar portfolios in volatile markets,” said Charlie Franklin , co-founder and chief executive of Compa, in a statement. “With stakes this high, adopting AI to help compensation experts make smarter decisions is an essential competitive mandate. Compa's global data network and innovative technology make this possible, and this investment accelerates our ability to scale agentic AI to every enterprise.” Founded in 2020 by Franklin, Joe Malandruccolo and Taylor Cone, Compa specializes in AI-driven compensation intelligence for enterprise teams managing pay decisions. It replaces static surveys with software-delivered market data drawn directly from systems of record across its customer network. Companies ca
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