Earlier in December PayAnalytics closed a $3.4m funding round from Eyrir Vöxtur and existing investor NSA Ventures. PayAnalytics is a software solution that enables human resources managers and consultants to conduct their own salary review, measure gender and other demographic discrepancies in pay, and offers recommendations on how to
Icelandic EdTech startup Evolytes has secured a $520,000 financing round led by NSA Ventures. Evolytes has developed a comprehensive learning solution that teaches children mathematics fast and effectively in a fun and engaging way. It is based on research and theories in psychology to speed up student skill acquisition.
The software company PayAnalytics, which is developing an equal pay cloud solution, raised $525,000 from the New Business Venture Fund. PayAnalytics’s solution is already helping over 50 companies and organizations in Iceland close the gender pay gap, employing a total of 30,000 staff, or about 14% of
NSA Ventures is a permanent, semi-official early stage venture fund in Iceland. It was founded in 1997 by a one-time endowment from the Icelandic government of 3 billion ISK ($~25MM) but operates without additional official funds. Its current size is around 5.5 billion ISK ($~44MM). This makes it Iceland’