The demand for pay transparency and pay equity solutions is increasing in the EU. Now, the Swedish pay equity platform Pihr expands internationally with software growth investor Monterro.
Monterro has acquired a majority stake in the Swedish SaaS company Pihr, which offers a platform that identifies and resolves pay gaps to ensure fair compensation in workplaces. The partnership allows Pihr to accelerate its growth journey in Europe, a market with high growth potential as the EU's new pay transparency directive imposes increased requirements on full pay transparency and pay equity.