Syndio

Syndio

Workplace equity analytics and pay equity solutions

About Syndio

Simplify's Rating
Why Syndio is rated
A-
Rated A on Competitive Edge
Rated A on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series C

Total Funding

$133.5M

Headquarters

Seattle, Washington

Founded

2016

Overview

Syndio provides a Workplace Equity Analytics Platform that helps companies identify and address inequities in compensation, representation, and promotions. Its main product, PayEQ®, analyzes pay data to find significant disparities and offers solutions to correct them, while also identifying root causes to prevent future issues. Another product, Pay Finder™, gives real-time insights for setting fair salaries and pay adjustments. Syndio primarily serves large global enterprises aiming to ensure fair pay practices and compliance with regulations. Unlike competitors, Syndio emphasizes not just compliance but also building trust and enhancing brand reputation through a commitment to pay equity. The company's goal is to help organizations pay their employees fairly, regardless of gender, race, or other factors, which is crucial for attracting and retaining talent.

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Simplify's Take

What believers are saying

  • Financial sector's transparency in pay equity boosts demand for Syndio's services.
  • Global pay reporting regulations increase need for Syndio's compliance solutions.
  • Samira Rafaela's appointment strengthens Syndio's strategic direction in workplace equity.

What critics are saying

  • Political backlash against DEI initiatives may reduce demand for Syndio's services.
  • Supreme Court's affirmative action ban could influence corporate diversity policies.
  • Rapid increase in pay reporting regulations may overwhelm companies, seeking simpler solutions.

What makes Syndio unique

  • Syndio integrates real-time market data with Pay Finder™ for equitable pay decisions.
  • Pay Gap Reporting Hub offers guidance on compliance across 43 countries.
  • AI-driven features in Workplace Equity Platform enhance transparency and compensation consistency.

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Funding

Total Funding

$133.5M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
Syndio
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Unlimited Paid Time Off

Paid Vacation

Parental Leave

401(k) Retirement Plan

Remote Work Options

Pension Contribution

Syndio Equity

Growth & Insights and Company News

Headcount

6 month growth

2%

1 year growth

2%

2 year growth

1%
PR Newswire
May 19th, 2025
Syndio And Compa Introduce Integrated Compensation View For Fair And Competitive Pay Offers

Compa's integration within Syndio's Pay Finder™ delivers real-time market benchmarks alongside internal equity insights, helping compensation teams make fast, fair, and consistent pay decisions from day one.SEATTLE, May 19, 2025 /PRNewswire/ -- Syndio, the industry pioneer in global, fair pay solutions, announces an integration between its Pay Finder™ solution and Compa, the largest network for real-time offer and employee market data. The integration gives compensation and talent acquisition teams a unified view of equitable pay ranges, internal compensation guidance, and real-time market data.Available now in early access, the integration solves one of the biggest challenges in compensation: how to make fast, fair, and market-informed pay decisions in fast-moving, regulated environments. Displaying three critical data sources in a single view – Syndio's equitable pay range, the company's internal pay range, and Compa's real-time market benchmarks – brings unprecedented clarity and speed to salary decisions for every new hire, promotion, or transfer."The integration of Compa's data into Pay Finder™ provides us with more valuable insights at the moment decisions are made," said Athar Siddiqee, VP of Global Total Rewards at Micron Technology. "By being able to view dynamic market data alongside our internal and equitable ranges, we're able to move faster, make more consistent and appropriate decisions, and avoid surprises down the line."Pay Finder's™ new capabilities are valuable to compensation and talent acquisition (TA) teams who want to simplify offer collaboration, streamline approvals, and improve consistency in pay decisions. The integration makes it easier to align pay decisions with equity and transparency goals, whether to meet internal commitments or regulatory requirements, while also keeping pace with the market using real-time data rather than traditional surveys."Our customers trust Syndio to help them stay ahead of evolving pay transparency regulations and deliver on their commitments to pay equity," said Maria Colacurcio, CEO of Syndio. "This integration brings fairness and competitiveness together — helping companies go beyond analysis and reporting to bake equity into every pay decision.""Fair and competitive pay shouldn't be at odds, they should work hand in hand," said Charlie Franklin, CEO of Compa

CityBiz
Mar 4th, 2025
Syndio Appoints Samira Rafaela To Advisory Board

Syndio appoints Samira Rafaela to Advisory Board.

GeekWire
Jan 27th, 2025
Costco, Amazon, Microsoft Chart Their Own Dei Paths As Trump Targets Diversity Efforts

(Bigstock Image)As President Trump issues directives to scuttle every federal government initiative that promotes diversity, equity and inclusion, tech giants and other businesses across the Pacific Northwest are charting their own DEI courses.Costco and Microsoft are being recognized nationally for retaining a public commitment to workforce diversity, with Costco shareholders on Thursday defeating an anti-DEI proposal by a 98% vote. At the same time, Amazon in December shared with employees that it was “winding down” some of its efforts in diversity and inclusion, but still viewed the work as “important.” Boeing has pulled back even further, reportedly dismantling its DEI team.Efforts to support more equity in the workforce are under attack by Republicans and activists who characterize it as “reverse discrimination” that is unfair — particularly to white men — and puts race and gender ahead of merit when making employment decisions.The murder of George Floyd in 2020 sparked DEI initiatives across corporations, but the 2023 U.S. Supreme Court decision banning affirmative action in higher education and the increasing anti-diversity rhetoric from conservative leaders have caused some employers to reverse course.Companies such as Meta, Target, Walmart, and others that have rolled back their diversity programs said they did so because DEI has become so politically charged. They also cited changes in how the courts are legally viewing DEI, and they say they can support widespread inclusion in their workforce through different programs.In its memo to employees, Meta — which no longer has a team focused on DEI — said that it would stop using the “diverse slate approach” for hiring. “This practice has always been subject to public debate and is currently being challenged,” Meta said. “We believe there are other ways to build an industry-leading workforce and leverage teams made up of world-class people from all types of backgrounds to build products that work for everyone.”Amelia Ransom, who has led workplace diversity efforts at Smartsheet, Avalara and Nordstrom, questioned the initial motivation for businesses who are dropping DEI efforts.“The companies that have pulled back on DEI, some of them were using DEI as an insurance policy, not a strategic initiative,” Ransom said.For businesses in the “insurance policy” mindset, inclusion efforts were a shield against the risk of public criticisms that they didn’t support diversity, she said

PR Newswire
Jan 14th, 2025
Syndio Introduces Pay Gap Reporting Hub To Help Organizations Understand Rising Global Compliance Demands

Regulations are set to double by 2027. Comprehensive, free resource helps enterprises make sense of growing pay reporting requirements.SEATTLE, Jan. 14, 2025 /PRNewswire/ -- Syndio , the leader in pay equity, reporting, and transparency solutions, unveiled its Pay Gap Reporting Hub today, arming global organizations with a set of comprehensive guides to efficiently understand pay gap reporting requirements across 43 countries and 48 associated jurisdictions. The hub maps the regulatory landscape across six continents, offering organizations detailed guidance and best practices to comply with an increasingly complex web of requirements. Publishing of the hub comes at a crucial time, as organizations face a transformative wave of new pay reporting and transparency regulations, including the EU Pay Transparency Directive, with the first pay gap reports due in 2027 based on 2026 compensation data."Let's face it: pay gap reporting has become a global maze, and organizations need a reliable guide to find their way through," said Christine Hendrickson, VP of Strategic Initiatives at Syndio. Syndio's Pay Gap Reporting Hub delivers exactly that—comprehensive, actionable insights that make compliance manageable

Valley Times-News
Jan 14th, 2025
Syndio Introduces Pay Gap Reporting Hub to Help Organizations Understand Rising Global Compliance Demands

Syndio introduces Pay Gap Reporting Hub to help organizations understand rising global compliance demands.

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