Syndio: Receives Seven-Figure Investment from Penny Jar Capital

Syndio Receives Seven-Figure Investment from Penny Jar Capital

• Syndio, a Seattle, WA-based pay equity company, received a seven-figure investment from Penny Jar Capital, an early-stage investment firm anchored by Stephen Curry
• The amount of the deal was not disclosed
• The company intends to use the funds to accelerate growth to enable organizations to establish lasting workplace equity
• The company is a maker of pay equity software used by hundreds of Fortune 2000 companies
• The company is continuing to release new features, most recently releasing Pay Finder, a feature set that allows companies to guide discretion and eliminate bias in starting pay and promotions
• Penny Jar Capital joined existing Syndi’o investors Bessemer Venture Partners, Emerson Collective, and Voyager Capital