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Stephen Curry supports equal pay with Syndio Investment
Golden State Warriors star Stephen Curry has invested in Syndio, a human resources analytics company that allows organizations to analyze employee compensation and compare salaries based on demographics such as gender and race. . Such an analysis can identify disparities and lead to equal pay in the workforce.
Curry’s investment was made through Penny Jar Capital, a venture capital firm he started with his business partner and former Davidson College teammate Bryant Barr. Companies such as Salesforce, Vimeo, Adobe, General Mills, PagerDuty, NerdWallet, and Nordstrom are already using Syndio software.
“It is high time to ensure that people are paid fairly and this is a fundamental issue that must be addressed in order to move forward towards a fair society,” Curry said in a statement. “Syndio is an objective solution that removes subconscious biases from the equation and changes the way business leaders approach workplace equity, making pay equity the norm for businesses around the world.
Syndio was founded in 2017. The company’s existing investors include Bessemer Venture Partners, Emerson Collective and Voyager Capital.