Ravio, a London, UK-based compensation data platform for global workforces, has raised $12 million in Series A funding.
Investors
The round was led by Spark Capital, with participation from Blackbird and Cherry Ventures.
Spark Capital is a venture capital firm with offices in San Francisco, New York City, and Boston. The firm invests in early- and growth-stage companies across various sectors, including consumer internet, fintech, AI, gaming, and infrastructure technologies. Founded in 2005, Spark Capital manages over $12 billion in assets.
Ravio Use of Funds
The company will use the funds to expand its dataset, enhance industry coverage, develop advanced market insights and predictive analytics, and build tools for more efficient compensation management.
About Ravio
Founded by Vaso Parisinou and Merten Wulfert, Ravio provides a compensation data platform designed to help companies manage pay more effectively. Its platform delivers real-time, continuously updated compensation data across 46+ countries and 100+ roles, helping companies make informed decisions and prevent pay inequities. Ravio integrates with customers' HR systems and automates the data collection process, enabling organizations to benchmark their salary, equity, and benefits packages against the current market. Its clients include major global brands like Just Eat Takeaway, Octopus Energy, Wise, and Mollie.
Funding Details
Company: Ravio Technologies Ltd.
Raised: $12.0M
Round: Series A
Funding Date: May 2025
Lead Investor: Spark Capital
Additional Investors: Blackbird, Cherry Ventures
Company Website: https://www.ravio.com/
Software Category: Compensation Management / HR Tech / Data Analytics
Source: https://www.businesswire.com/news/home/20250508884441/en