Pave
Pave sells AI-powered compensation software that helps HR teams benchmark pay, price jobs, and manage merit cycles. The San Francisco-based company has raised $163M, most recently a Series C in June 2022, and employs 297 people.
The growth story
Pave grew from 67 to 297 employees between 2021 and 2026, raising $163M along the way, most recently a Series C in June 2022.
About
Pave's software integrates with HR platforms to provide compensation benchmarking and analytics, drawing on data from 8,700+ companies. It targets compensation and total rewards leaders who need to make pay decisions and communicate them to employees.
The company has scaled rapidly since its 2019 founding, reaching nearly 300 employees. Its $163M in funding includes backing from top-tier investors like Andreessen Horowitz and Bessemer Venture Partners.
Founders and leadership
Engineering is Pave's largest function with 66 employees, accounting for 22% of total headcount. The company has a median tenure of just one year, suggesting rapid team growth and turnover.
The Pave org chart
Matt Schulman (Founder and CEO) leads 57 mapped leaders with 3 direct reports. Click +N to expand a team; names link to the person’s public profile.
Departments, and which ones grew
Headcount by function: Engineering 61 (+13% YoY), Operations 44 (+22% YoY), Sales 39 (+26% YoY), Entrepreneurship 17 (+6% YoY), Business Development 16 (+14% YoY), Information Technology 14 (+56% YoY).
Talent flow
Pave recruits heavily from enterprise tech firms, with IBM, SmartRecruiters, and Oracle being top sources. Alumni frequently move to high-growth startups like Rippling and Anthropic, as well as established firms like Google.
Most common previous employers of Pave staff: IBM (7), SmartRecruiters (6), Oracle (5), Carta (4), University of Pennsylvania (4), Facebook (3). Former Pave employees most often moved to Sequoia (5), Rippling (5), Anthropic (4), Notion (4), Google (3), Squint (3).
Alumni worth knowing
The Pave mafia
Pave alumni have founded 11 companies, including All Your People Consulting (24 staff), Rosie (17 staff), and Sleep Reset (17 staff). These ventures span HR consulting, e-commerce, and health tech.
11Anya Palisch, was Head of Implementation and Customer Success until 2023Mitra Raman, was Director of Engineering until 2023Shimin O., was Board until 2024Brent Shulman, was Engineering Manager until 2023Conor Brennan-Burke, was Senior Product Manager until 2023Nitin Gupta, was Advisor until 2024
Matt Bailey, was Senior DevOps Engineer until 2023
Kat Slump, was Senior Software Engineer until 2024
Miguel Chavez, CEP, was Lead until 2023
Bonnie Swartz, was Sales until 2023Hiring now
Web traffic
Traffic mix: 56% direct, 17% search, 2% social, 0% paid.
What this company is made of
Most common skills at Pave: Leadership (95), Microsoft Office (91), Microsoft Excel (88), Microsoft PowerPoint (72), Customer Service (71), Public Speaking (66), SQL (61), Communication (60).
Where the team actually sits
Pave people are concentrated in California, United States (54), New York, United States (35), San Francisco Bay Area (21), New York City Metropolitan Area (17). 2 offices on record.
Search footprint
Pave attracts about 1,831 organic search visits a month, traffic worth roughly $14K a month if bought through ads. It gained 522 ranking keywords and lost 489 in the last period.
What employees say
- Compensation
- 4.10 / 5
- Career opportunities
- 3.90 / 5
- Senior management
- 3.80 / 5
- Work-life balance
- 3.60 / 5
Frequently asked
Pave has 297 employees as of September 2026.
Pave has raised $163M in total, most recently a Series C round in June 2022.
Pave was founded in 2019 by Matt Schulman.
Matt Schulman (Founder and CEO) sits at the top of Pave's reporting structure, with 3 direct reports.
The most common previous employers of current Pave staff are IBM (7 people), SmartRecruiters (6 people), Oracle (5 people).
Former Pave employees most often move to Sequoia (5), Rippling (5), Anthropic (4).
At least 11 companies have a founder who previously worked at Pave, including All Your People Consulting, Rosie, Sleep Reset.
Pave attracts about 1,831 organic search visits a month, worth roughly $14K a month in equivalent ad spend.
The most common skills among Pave staff are Leadership, Microsoft Office, Microsoft Excel, Microsoft PowerPoint, Customer Service.
Pave staff are concentrated in California, United States (54), New York, United States (35), San Francisco Bay Area (21).
Pave has about 61 people in Engineering, up 13% over the past year, as of September 2026.
Pave has about 44 people in Operations, up 22% over the past year, as of September 2026.
Computed from 170 current and 230 former Pave profiles, as of September 2026. Source: Crustdata.
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