Pave
Pave develops a compensation platform that integrates with HR systems for pay benchmarking, salary planning, and total rewards communication.
Secondary Market Price
Secondary Market Price
How Pave Measures Up
To help you manage your Pave equity, Prospect has run the company through our machine learning model.
Prospect Rating
TBD
We are still gathering data and evaluating Pave. Check back soon for our rating on the company's projected worth in four years.
Exit Risk
TBD
We are still gathering data on Pave to train our machine learning model. Check back soon for our exit risk rating for Pave!
Funding Stage
Series C
A Series C company like Pave has successfully moved beyond the early startup phase and is now focused on scaling its operations. This means you'd be joining a more established company that still offers plenty of opportunity for growth and impact.
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Prospect Projected Future Pave Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Pave's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Pave is a software company that provides a compensation intelligence platform for businesses. The platform allows companies to benchmark pay, price jobs, build pay ranges, and run merit cycles by integrating with existing human capital management, employee management, and applicant tracking systems. Founded in 2019 and formerly known as Trove, the company is headquartered in San Francisco with offices in New York and Salt Lake City. Pave has raised over $163 million in funding, highlighted by a $100 million Series C round in March 2022, and acquired the compensation data firm Advanced-HR in June 2022.
The company's future plans include continued investment in AI-powered compensation tools and automation. Pave is also focused on expanding its platform's capabilities and helping clients prepare for new regulations, such as the EU Pay Transparency Directive. Recent developments include a partnership with Newfront to publish a report on the total cost of hiring, the launch of an integration with SAP SuccessFactors to provide real-time workforce data access, and an expansion of its market data catalog to cover more than 200 job families.
- Andreessen Horowitz
- Y Combinator
- Bessemer
- Index Ventures
- Bezos Expeditions
- Founder, CEO Matt Schulman
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Pave worth joining?
The value of joining a pre-IPO company like Pave depends on your career goals and the company's growth potential. Platforms like Prospect can help you evaluate the opportunity by providing data-driven insights on startup equity.
What should I do with my Pave stock?
Managing private company stock involves complex decisions around taxes, timing, and diversification. A platform like Prospect can help you create a personalized strategy to optimize your equity's value by analyzing exercise strategies and tax implications.
Can you sell Pave stock?
Selling stock in a private company like Pave is typically possible during specific events like tender offers or on secondary markets, though it is less liquid than public stock. Prospect offers tender offer tools to help stockholders determine which shares are most tax-optimal to sell.
How can I find the value of my Pave stock?
Valuing pre-IPO stock is complex since it isn't publicly traded, and its value is often based on the company's latest 409A valuation or recent funding rounds. Platforms like Prospect provide data-driven projections on equity value using models similar to those used by venture capitalists.
What is Pave's equity worth?
The precise worth of private equity like Pave's fluctuates based on factors like company performance, market conditions, and future funding rounds. Prospect helps users understand what their equity could be worth by analyzing these factors and providing independent projections.
What is Pave's stock ticker symbol?
As a private company, Pave does not have a stock ticker symbol. Ticker symbols are assigned to companies only when they become publicly traded on a stock exchange.
Can I buy or sell Pave stock?
Buying stock in a private company like Pave is typically limited to employees or accredited investors, while selling can occur during specific liquidity events like tender offers. While Prospect does not directly facilitate transactions, its platform provides analysis to help stockholders optimize their selling strategy.
What is the criteria to buy or invest in Pave stock?
Investing in a private company like Pave is generally restricted to accredited investors or venture capital firms that participate in its funding rounds. Prospect is a software platform for equity management, not an investment firm, and does not have investment criteria for Pave.
