Monday May 22, 2023
Virgile Raingeard, CEO of Figures: €8.5 Million Raised to Build the Future of Compensation Intelligence
In today's episode of Category Visionaries, we speak with Virgile Raingeard, CEO of Figures, a compensation intelligence platform that’s raised €8.5 Million in funding, about why a lack of relevant market insights are a real pain point when developing a compensation policy, and how Figures plans to ease that issue for their customers. With a database of validated compensation data and a web-based application for accessing and analyzing it, Figures helps companies develop competitive, profitable and more equitable compensation packages perfectly suited to the talent they seek to attract.
We also speak about Virgile’s unique background in both computer science and human resources, how a personal experience developing compensation policy revealed the potential marketability of a solution to the challenges, how Figures positions themselves among the market competition, and the future of the French Tech ecosystem as a whole.
Topics Discussed:
- Virgile’s background between computer science and human resources, and how it gave him the skills he’d need as Figures’ CEO
- The personal compensation policy experience which highlighted the market potential of a software solution to the problem
- Exactly what Figures can offer their clients, from a comprehensive database to an analytics web app and consultation services
- The market competition confronting Figures, and how they position themselves with a unique offering
- The future prospects of the French Tech startup sector, and why Virgile sees big things in the country’s future
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