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New Deal


Announced

Completed

Index Ventures led a $100m Series C round in Pave.

Financials

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Transaction Value£81m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

Cross Border

Completed

Friendly

Private

Acquisition

software

Private Equity

Minority

Venture Capital

Internet Real Time

Software

employee benefits

Single Bidder

Synopsis

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Index Ventures, a venture capital firm, led a $100m Series C round in Pave, a real time compensation platform, with participation from Andreessen Horowitz, YC Continuity Fund, LocalGlobe, Craft Ventures, Original Capital, Backend Capital and Contrary Capital, Jeff Weiner and Tudor Havriliuc. "The Pave journey has just barely started. There are four billion participants in the global workforce, and compensation is a guessing game for every single one of them. We will not stop until every single person in the world knows their value and earns what they deserve," Matt Schulman, Pave Founder and CEO.

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