3 years ago

Figures Raises £5.75M to Expand its European Salary Benchmarking Platform

  • Figures, a European Salary Benchmarking app, has secured £5.75 million in funding to consolidate its European leadership

  • The round was led by Point Nine and included existing investors Seedcamp, Bpifrance, and Kima Ventures, as well as new participants Acadian and Entrée

  • Figures plans to use the funding to expand into Iberia, the Netherlands, and the Nordic countries, following the acquisition of Payspective earlier this year

  • The company was founded by Virgile Raingeard and Bastien Formery, who saw a need for more transparent and reliable data on compensation in the startup and scale-up ecosystem.

      • ProblemTechnology Infrastructure

      "Salary benchmarking is opaque and inaccurate, leading to unfair compensation for employees and difficulty for businesses to manage their remuneration budgets."

      Solution

      "Figures offers a transparent and accurate salary benchmarking system for businesses, providing them with reliable data on compensation for different job types, locations, and stages of growth, to support their talent acquisition and retention efforts."

      Covered on