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Fixing stock options for remote contributors through tokens

Salto X is building a remote-friendly alternative to stock options to retain talent globally.  Salto X gives transparent access to equity compensation to contributors regardless of geography through a process streamlined via blockchain technology. Powered by smart contracts, the Salto X platform makes it possible for companies to give out tokens to their employees and other contributors that can be cashed out in case of a liquidity event, such as an IPO, or by selling it to other parties after vesting.

“Talent today demands a sense of ownership and companies want to incentivize top talent to stay, which is why we’ve seen a rise of widely used employee option programs. However, with companies going global and setting up remote work practices, it’s proven too complex and costly for many to implement a regular ESOP.We’re therefore very excited about backing SaltoX - led by the uniquely capable founders Elise, Tanya, Krists, and Ragnar - on their mission to simplify and transform employee incentives.”

- Sara Rywe, Partner

VERTICAL
Crypto & Web3
Country
INvested in
Seed
2022
Invested with
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Collective contributions
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Meet the founders

Elise Sass

Co-Founder & Legal

Ragnar Sass

Co-Founder & CEO

Tanya Chaikovska

Co-Founder & Marketing + Community

Related news

External
July 8, 2022

Our investment in Salto X: the platform enabling token incentive plans for remote companies

“The main bottleneck for European startup growth is not the lack of capital, it’s the lack of talent!” This sentence has been said by many and I’m now stating it again because it’s sadly the truth. If we are serious about wanting Europe’s tech scene to thrive (and one day be on par - or better - than the US) then we need to drastically improve our ability to attract and retain talent.
Portfolio News
July 8, 2022

Our investment in Salto X: the platform enabling token incentive plans for remote companies

“The main bottleneck for European startup growth is not the lack of capital, it’s the lack of talent!” This sentence has been said by many and I’m now stating it again because it’s sadly the truth. If we are serious about wanting Europe’s tech scene to thrive (and one day be on par - or better - than the US) then we need to drastically improve our ability to attract and retain talent.

Delete me when done