OpenComp
Compensation intelligence for high-growth companies: real market benchmarking, pay equity analysis, and predictive offer insights.
About
OpenComp helps startups pay competitively without the enterprise survey bills. Its platform combines verified market data from hundreds of high-growth companies with analytics for salary ranges, merit and bonus cycles, pay equity analysis, and headcount planning. Intelligent Offers predicts the likelihood a candidate accepts and auto-generates equitable offer letters with approval workflows, aiming to end what the company calls rogue recruiting.
Founded in 2021 by Thanh Nguyen and Nancy Connery from Salesforce's founding HR team, it raised a $4.6M seed and a $20M Series A in February 2022 led by K5 Global and J.P. Morgan with TIME Ventures participating, roughly $24M total. It is free for organizations up to 50 employees, with tiered pricing above that. Early customer names like Figma, Discord, and Reddit come from 2022 announcements and should be treated as dated.
What it can do
- Verified compensation market data benchmarked by funding stage and geography
- Salary range builder and pay band management
- Pay equity and DEI benchmarking analysis
- Intelligent Offers with acceptance prediction and pay range compliance
- Merit, bonus, and headcount planning cycles
- Total rewards statements for employees
Setup
- Sign up at opencomp.com; free for up to 50 employees.
- Upload your workforce data to benchmark against verified market data.
- Build salary ranges and pay bands by role, level, and location.
- Run merit cycles and generate compliant offers with predictive insights.
Prerequisites
Use cases
Works with
Trust score — 7/10
Scored 7/10 (verified tier, metrics-v1). Evidence: $20M Series A (Feb 2022, K5 Global and J.P. Morgan) and $4.6M seed corroborated by business-wire reprints, citybiz, and clay; founded 2021 by Thanh Nguyen and Nancy Connery (ex-Salesforce HR); free-for-up-to-50 pricing and predictive offer features on the official site; G2 reviews praise real market data over algorithmic estimates. Strengths: startup-friendly pricing, real payroll-sourced data, pay equity tooling. Docked for: (1) the headline customer logos (Figma, Discord, Reddit) come from 2022 funding-era announcements; (2) fundraising is 2022 vintage with no public rounds since, so current runway is unclear. License: proprietary.
How the trust score is built
Full methodology →- Adoption · stars/downloads, log-scaled vs peers
- 7.0/10
- Maintenance · recency, releases, issue load
- 7.0/10
- Openness · license + docs
- 6.0/10
- Manual review · sanity read + red-flag check
- 7.0/10
- · Compensation intelligence: verified market data benchmarking, pay equity analysis, Intelligent Offers with acceptance prediction
- · Founded 2021 by Thanh Nguyen + Nancy Connery (ex-Salesforce HR); $4.6M seed + $20M Series A Feb 2022 (K5 Global, J.P. Morgan, TIME Ventures) = ~$24M total
- · Free for up to 50 employees; G2 reviewers praise real payroll-sourced data
- · Headline customer logos (Figma, Discord, Reddit) from 2022 funding era; no public rounds since 2022 so current runway unclear
Sources
Every fact above was checked against these sources. Where a claim comes from the provider and couldn't be independently verified, the text says so.