Ten Coves Capital led a $33m Series A round in BetterComp.

Ten Coves Capital, a fintech-focused growth equity firm backing companies re-imagining, re-inventing, and re-wiring the financial ecosystem, led a $33m Series A round in BetterComp, a provider of compensation management software. “We spent years watching HR departments benefit from consistent advancements in technology that made their roles more seamless and agile. When we founded BetterComp, our goal was to bring similar innovation to compensation departments, which have historically lacked this kind of progress. After bootstrapping the business since inception, this fresh capital validates our vision and is a testament to our team’s dedication to better serving clients and expanding into new markets,” Alan Miegel, BetterComp co-founder and CEO.