We're thrilled to announce our Acadian Ventures portfolio company, Compa, has raised a $10M Series A led by Storm Ventures.
Compa was the 15th investment in our first fund. When we first invested in Compa's Seed round in 2021, founders Charlie Franklin, Joe Malandruccolo, and Taylor Cone had a big vision to enable fair and competitive compensation for everyone. The vision has evolved and Compa is now enabling the best companies to leverage real-time market data to win the best talent and grow their workforce.
Over the last year, the company has grown 10x and has assembled a "who's who" list of customers including Airbnb, Nvidia, Stripe, Instacart, Block, DoorDash, Autodesk, and Marvell Technology. We are excited to continue to support the company in this new financing round alongside new investors Storm Ventures, Penny Jar Capital, and Indeed.
Congratulations to the entire Compa team on this milestone. You can read more about Compa 👇🏽. The company is hosting its first customer conference, Compalluminati, later this month. You can register here or please let us know if you are interested in attending.