OpenComp is a comprehensive platform designed to assist high-growth companies in achieving fair and accurate compensation. The platform combines reliable market data, planning tools, analytics, and professional consultation to streamline the compensation planning process. OpenComp is trusted by over 2,000 companies, including Healthy Together, Medium, MUX, Octant, Superhuman, Udacity, Calm, DataRobot, Discord, DrChrono, Figma, Mosaic, and Reddit, to attract and retain top talent through fair and consistent compensation practices.
OpenComp was established in San Francisco in 2021 by Thanh Nguyen and Nancy Connery, who were part of Salesforce’s founding HR team. The company has successfully raised $24 million in venture capital from notable investors such as J.P. Morgan, TIME Ventures (Marc Benioff’s investment fund), and 8VC.
OpenComp offers its services free of charge to organizations with up to 50 employees, with tiered pricing and services available for larger organizations based on their size and specific needs.
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