-75%

est. 2Y upside i

HR TechSeries C

Pave is building the most intelligent compensation platform, powered by the largest real-time compensation dataset on Earth. The platform allows users to make smarter comp decisions and eliminate spreadsheets, powered by real-time integrations with HRIS, ATS, and Cap Table.

Rank

#4240

Sector

HR Tech / Compensation Intelligence

Est. Liquidity

~5Y

Data Quality

Data: Medium

$1.6B stale valuation with undisclosed revenue likely implies 80x+ ARR.

Last updated: March 22, 2026

Bull (15%)+120%

Becomes de facto comp OS; acquired by Workday/Oracle at $3-4B.

Base (45%)-35%

IPO/acquisition at $1.2-1.8B in 5-7 years; minimal upside.

Bear (40%)-70%

HRIS incumbents bundle; acqui-hire at $400-600M.

Est. time to liquidity~5.0 years

Preference Stack Risk

moderate

Funding Intensity

11%

$175M on $1.6B (10.9%).

Dilution Risk

moderate

May need down round.

Secondary Liquidity

none

No secondary.

Questions to Ask at the Interview

Strategic questions based on Pave's data — designed to show you've done your homework.

  • 1

    Current ARR?

  • 2

    409A vs $1.6B preferred?

  • 3

    Revenue per customer?

Community

Valuation Sentiment

Our model estimates -75% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.