Ravio, a London-based compensation data platform, has secured a $12 million Series A round led by Spark Capital to transform how companies manage pay. With outdated compensation benchmarks often based on data that is over a year old, Ravio offers real-time insights by integrating directly with HR systems. This enables companies to make timely, fair, and competitive pay decisions. Already adopted by companies like Wise, Mollie, and Just Eat Takeaway, Ravio's tools help identify pay inequities, simplify salary banding, and benchmark compensation across more than 46 countries and 100 roles. The funding will support Ravio's global expansion and the development of advanced analytics tools for compensation leaders.
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