- Syndio, a Seattle, WA-based EquityTech analytics platform, raised $17.1m in Series B funding
- The round led by Bessemer Venture Partners, with participation from Next Play Capital, Concrete Rose Capital, Emerson Collective, and Voyager Capital
- In conjunction with the funding, Syndio added Byron Deeter and Talia Goldberg from Bessemer to the board
- The company also intends to use the funds to drive rapid product development across opportunity equity, benchmarking, and workforce analytics
- Syndio also provides PayEQ, which used by over 100 companies to analyze and resolve pay disparities based on gender, race, or ethnicity across 2.3M employees
- Current customers include Adobe, Hyatt, Nordstrom, Salesforce, Slack, and StitchFix