COMPANY PROFILE

Syndio Solutions

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Technology company that helps companies measure, achieve, and sustain workplace equity

Seattle, United StatesFounded 2016Other B2B Software

Valuation $100–250M Last recorded · 2022

Revenue $10–50M Latest reported FY

Headcount 100–500 Current team size

Total funding $100–500M Disclosed equity funding

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About Syndio Solutions

Syndio is a startup that operates in the human resources technology sector, providing a Workplace Equity Analytics Platform. This platform is designed to identify and rectify inequities in compensation, representation, and promotions within a company. Syndio's primary clients are global enterprise companies seeking to ensure fair pay and advancement opportunities for their employees.

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The company's business model revolves around its proprietary software, PayEQ®, which identifies groups with statistically significant pay disparities and provides guidance on how to rectify these issues. PayEQ® also helps prevent future disparities by identifying root causes in a company's pay policies. Another key product is Pay Finder™, which provides real-time insights into fair pay to set starting salaries and pay for promoted or transferred employees.

Syndio's revenue is generated through the sale of its software and the provision of expert services to help companies configure their data, analyze their pay structures, train their teams, and prepare global pay reports. The company's value proposition is not only in helping companies comply with pay equity regulations but also in building trust and enhancing their brand image by demonstrating a commitment to fair pay.

In simple terms, Syndio helps companies ensure they are paying their employees fairly and equally, regardless of gender, race, or other factors. This is increasingly important as more companies recognize the importance of pay equity in attracting and retaining talent.

Source: Dealroom company data