Ravio is a real-time compensation benchmarking platform that provides live data on salary, equity, and benefits directly sourced from global tech companies. It enables organizations to compare their total reward packages against accurate market data, facilitating informed compensation decisions and promoting pay transparency.
Funding
$12.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Many companies rely on outdated or delayed compensation data, leading to inaccurate benchmarking and ineffective compensation strategies. This can result in difficulties attracting and retaining talent, internal pay inequities, and compliance issues with pay transparency regulations.
Solution
Ravio offers a real-time compensation benchmarking platform that provides up-to-date data on salary, equity, and benefits, directly sourced from a network of global tech companies. The platform enables organizations to compare their total reward packages against current market rates, facilitating informed compensation decisions and promoting pay transparency. By connecting to an HR system, companies can map their employees to relevant benchmarks, ensuring accurate comparisons. Ravio also provides tools for creating transparent salary bands, forecasting budgets, and identifying pay gaps to support DEI goals and compliance.
Target Audience
Ravio primarily serves HR, finance, and talent acquisition teams at global tech companies seeking to benchmark compensation, create salary bands, and ensure fair and competitive pay.
Features
- Real-time compensation data sourced directly from global tech companies
- Benchmarking across salary, equity, variable pay, and benefits
- Level mapping to ensure accurate market comparisons
- Salary band creation and management tools
- Budget forecasting capabilities
- Pay gap analysis for DEI and compliance
- Integration with HR systems