Case Study: Upstart transforms its equity program with Pave Market Data

Upstart transforms equity program with Pave in one year

Upstart, an AI lending marketplace, faced a challenge with its equity compensation program following its IPO. Their existing boxcar grant model was underdelivering due to stock price volatility, failing to retain talent or provide pay parity. To redesign their program, they turned to Pave and its Market Data product for reliable, real-time equity benchmarks.

Using Pave, Upstart transformed its equity strategy by moving from a four-year grant model to a competitive one-year program. The data and insights from Pave enabled them to build a data-driven offering that received extremely positive feedback from employees and candidates, successfully helping Upstart attract and retain top talent.

Upstart