Assemble Raises $5M for Compensation Equity
Assemble, the compensation management platform for forward-thinking organizations, raised $5M in seed funding. The round was led by Susa Ventures and Goldcrest Capital with participation from Anthony Pompliano, former TripActions CPO Leslie Crowe, former Stripe Head of Corporate Finance Stacie Faggioli, and former Palantir CFO Colin Anderson.
“Compensation is a shared responsibility across the organization, whether it’s employees, recruiters, hiring managers, or leadership,” explains Lisa Wallace, cofounder of Assemble. “Each stakeholder must be empowered with the right tools and data to do their part in making the right decisions for the company and employees alike.”
Assemble layers strategy with a real-time view of a company’s employee population, pulled in from systems of record like HRIS, ATS, and cap table management system. Product modules are built on top, such as compensation planning, pay equity monitoring, and illustrative offer letters, to make and communicate decisions to attract and retain employees.
The company intends to use the funds to expand operations and accelerate growth.
Announcement: Assemble Raises $5M for Compensation Equity