The funding helps Visier’s valuation hit the $1B mark. Here are the top-line bullets you need to know.
Visier, a people analytics and workforce planning platform, has raised $125M in a Series E round with participation from Goldman Sachs Asset Management, Foundation Capital, and Adams Street Partners, among others.
HOW’S THE COMPANY PERFORMING?
- Canada-based Visier offers a workplace platform that analyzes data to suggest accurate salaries, promotion, and hiring budgets. Visier processes employee records for over 8,000 customers, including Adobe, BASF, Merck KGaA, Electronic Arts, and Uber, among others.
- The company represents around 12M individual users across 75 countries and has partnership agreements with Degreed, Cegid, and PeopleFluent.
WHY DOES THE MARKET MATTER?
- The global workforce analytics market is projected to grow at a CAGR of 17.6% and reach a value of $5.97B by 2026, according to Allied Market Research.
- The rapid rise of hybrid and remote-work models, SEC regulations requiring employee information, and growing transparency on diversity, equity, and inclusion have contributed to industry growth.