OK - I confess I got really excited with the positive feedback and exciting companies sent over to me after my first post. So, even though I said “every other Wednesday” on the previous edition, I will send another out today (and every week I feel there is a startup worth sharing with you) but the rule is on a bi-weekly basis here, and a weekly basis for the usual LatAm Tech Weekly 😊
This series will be dedicated to very early stage startups that are under the radar – and have a good story to tell. The basic criteria is a company that is not on the media/spotlight and is NOT actively raising proceeds. There is also no bias – apart from the fact that I like the story. I am not an investor or get any financial compensation to promote startups featured. This is intended for informational purposes only, using my solid base of subscribers to share intel of good people doing cool things.
Finally, if you want to be considered for this series - it is very simple:
Please fill out a one-pager, in English, about your company using the topics and themes outlined in the Closecare post.
Reply to this e-mail with your one-pager attached.
I will review and reach out if I need more information.
It will be posted if I believe the startup fills the profile and audience of this newsletter.
Good Luck!!!!!!
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Opinions expressed here are solely my own and does not represent those of people, institutions, organizations that I may or may not be associated with in any capacity, unless explicitly stated.
Overview: Comp is a seed-stage startup that aims to help companies make more intelligent compensation decisions. Comp’s first product is a weekly-updated database in which companies share access to their anonymized compensation data in exchange for aggregated market benchmarks and insights (see more here).
In the last 45 days, Comp has onboarded >40,000 employees from >300 Brazilian tech companies. On top of market benchmarks, Comp is building an end-to-end platform where HR, managers, and finance teams can execute on a company’s compensation strategy.
What problem is the first product solving? Companies of all sizes need reliable market data to make informed decisions across base, bonus, benefits, and equity compensation.
The platform:
Key Metrics: >40,000 employees in database from >300 customers
Example clients: Creditas, Loft, Wildlife, Nuvemshop, Hotmart
Team:
Founders: Pedro Bobrow & Christophe Gerlach
Founding team: Brunno (previously Head of Design @ Flash), Marcelo (previously first engineer @ Isaac), Leonardo (previously staff engineer @ Wildlife)
Total amount raised (USD): ~USD $2.7M
Main investors: Kaszek, Canary, Norte, 1616 and angels