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Venture Capital News: Syndio Announces $50M Series C Financing

2022-03-15
SEATTLE, WA, Syndio today announced a slate of diverse investors that participated in its $50 million Series C round.
Syndio, the leading Workplace Equity Platform that helps companies unlock employee opportunity, today announced a slate of diverse investors that participated in its $50 million Series C round.

Investors in the Series C include: Chicago Sky's Candace Parker; Alexi Robichaux, CEO and co-founder of BetterUp; Anita Lynch, chief data officer at New Relic; Rachel Romer Carlson, CEO and co-founder of Guild Education; Spencer Rascoff's 75 & Sunny; and Cap Table Coalition. Firms Concrete Rose and Next Play Capital invested in the company for the second time. They join Emerson Collective, Bessemer Venture Partners, Penny Jar Capital, and Voyager Capital to bring Syndio's total funding to $83 million.

Syndio provides technology and expert guidance that helps companies measure, achieve, and sustain all facets of workplace equity. Over 200 companies, including 10% of the Fortune 200 and 20% of Fortune's Most Admired Companies, rely on Syndio's platform to close pay and opportunity gaps, mitigate legal risk, and turn DE&I goals into tangible results. Together, Syndio is showing the world how to build resilient, open workplaces by ensuring every employee is valued based on who they are and what they contribute to their company's success.
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