Clustree company logo

The profile is currenly unclaimed by the seller. All information is provided by CB Insights.

clustree.com

Stage

Acquired | Acquired

Total Raised

$11.5M

Valuation

$0000 

About Clustree

Clustree leverages internal and external data to Provide evidence-based HR decisions. The company analyzes millions of existing career pathways from around the world and across multiple industries in order to provide guidance to career and recruitment departments.On January 16th, 2020, Clustree was acquired by Cornerstone OnDemand.5 million.

Clustree Headquarter Location

10 rue de la Victoire

Paris, 75009,

France

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Expert Collections containing Clustree

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Clustree is included in 1 Expert Collection, including HR Tech.

H

HR Tech

4,016 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

Latest Clustree News

Automated HR Recommendations Platform Clustree Bags $7.9 million in its Series A Round of Funding led by Creandum

Jul 29, 2020

Clustree, the automated HR recommendation platform which works for career development and recruitment, has raised $7.9m in its Series A round of funding. This round was led by European investor Creandum. The round also saw the participation of Idinvest Partners and existing investor Alven Capital. Commenting on the investment, Carl Fritjofsson, Principal at Creandum, said: ADVERTISEMENT Human Resources remains a massive market that has not largely been disrupted by technology. Retaining and developing talent is the big priority for any organization, and with the development of artificial intelligence, we now see a new generation of technology solutions developing to serve this. Clustree is one of the most impressive technologies we’ve seen to support HR decision making. We strongly believe in a future of data-driven HR, and Clustree is leading the charge. Further adding to that, Guillaume Durao, Investment Director at Idinvest Partners, said: In the past 10 years, a lot of company departments, like sales, started to make data-driven decisions. Clustree is now offering this opportunity to HR departments with a new generation of talent management solutions. This was especially appealing to us as investors. With the threats faced in the job market as automation replaces many roles, Clustree is a great example of an AI that is actually empowering humans, helping HR to do their job in a more efficient way and creating unlimited opportunities for employees Founded in 2014 by Bénédicte de Raphélis Soissan, Clustree is an automated HR recommendation platform offering artificial intelligence to remove human bias and stereotyping from the interpretation of internal and external HR data. The main mission of the company is to build a technology solution that delivers fact-based and proactive decision making for career development and recruitment. The company has attracted investment from some of Europe’s leading venture capital firms including Creandum, Idinvest and Alven Capital. On the development, Bénédicte de Raphélis Soissan, CEO & Founder, said: On the investment, Stereotypes are fast to build but take a long time to erode – that is why they exist. Clustree is here to switch that. We change people’s lives because we free HR from bias. Through the use of our AI, we empower our clients in the global war for talent, to recruit and grow employees with continuous, tailor-made and employee-centric careers that really surface the dormant potential within people, and maximize HR efficiency. We are glad to see that our vision is shared by some of Europe’s leading venture capital firms with the right skills to help bring Clustree into the world As the part of the deal, Carl Fritjofsson from Creandum and Guillaume Durao from Idinvest Partners will join Clustree’s board to offer hands-on advice and practical support. The company’s artificial intelligence technology learns and has improved from 3 different data sets: external HR data, internal client HR data and the continuous feedback on recommendations from both HR and employees. It was claimed by the company that the existing clients have become so convinced by the recommendations of the company, that HR teams are now allowing the artificial intelligence to directly interact with individual employees for career coaching. In 2016, the company claims that it has experienced 230% revenue growth and 100% client retention, and was named as Cool Vendor by Gartner. On that occasion, it was said that: Clustree is unique in that its usage of natural-language processing (NLP), machine learning and predictive analytics goes beyond talent acquisition to also support other talent mobility and HR topics The company also says that, even though they had very limited sales and marketing resources, the company has been able to secure multi-year contracts with massive international enterprises. It is reported that the solution provided by the company is now used across 30 different countries by industry leaders such as Orange, Crédit Agricole, SNCF, Carrefour and L’Oréal. The solution helps them to dramatically reduce external recruitment costs and increase employee retention. Share this:

  • Where is Clustree's headquarters?

    Clustree's headquarters is located at 10 rue de la Victoire, Paris.

  • What is Clustree's latest funding round?

    Clustree's latest funding round is Acquired.

  • How much did Clustree raise?

    Clustree raised a total of $11.5M.

  • Who are the investors of Clustree?

    Investors of Clustree include Cornerstone OnDemand, Alven Capital, IDInvest Partners, Creandum and Frederic Montagnon.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.