# Visier

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/visier

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.visier.com
- Total disclosed funding: $181M
- Latest round: Series E (Jun 23, 2021)
- Investors on record: 5

## About

Visier, Inc. is a leader in workforce analytics, providing organizations with AI-driven insights for strategic decision-making. Their software empowers businesses to optimize workforce management and improve overall operational efficiency.Visier, Inc. is a workforce analytics company founded in 2010 and headquartered in Vancouver, Canada. The firm specializes in delivering people analytics solutions that integrate HR and business data. The company was co-founded by Brett Schwarz, Jan Schwarz, John Schwarz, and Ryan Wong, who has a history of developing innovative analytics solutions. In June 2021, Visier raised USD 91.50 mn in Series E funding, led by Goldman Sachs Merchant Banking Division, with participation from investors such as Adams Street Partners and Foundation Capital. This funding round brought the total amount raised by the company to USD 91.50 mn, with a current valuation of USD 858.498 mn.Visier specializes in people analytics and workforce planning software, designed to empower organizations with AI-driven insights for effective decision-making. Their core offerings include a unified data platform that integrates diverse HR and business data, enabling companies to derive actionable insights tailored to pressing workforce challenges. Key functionality revolves around optimizing talent acquisition, enhancing employee retention, facilitating internal mobility, and ensuring fair compensation practices. The platform serves HR leaders and managers across various industries, primarily in North America and Europe, addressing the needs of organizations seeking robust analytics solutions for workforce management. Visier delivers tools that provide strategic insights with minimal effort in data manipulation, thereby enhancing overall operational efficiency.Visier's revenue model is primarily based on subscription services for its analytics software, catering to businesses seeking to leverage data for workforce optimization. Clients engage with Visier through annual subscriptions, providing access to a comprehensive suite of HR analytics tools, including the flagship product, Visier People. The company structures transactions in a B2B format, with organizations paying a recurring fee based on the scale and features of the services utilized. Pricing plans vary depending on the size of the organization and the specific services selected, allowing flexibility in how clients access and utilize the platform. Visier focuses on long-term partnerships with tens of thousands of successful customers, aiming to deliver consistent value and measurable outcomes through its advanced analytics capabilities.Visier, Inc. plans to utilize the USD 91.50 mn raised in Series E funding from June 2021 to extend and accelerate product development and expand its international go-to-market efforts. The company aims to launch new products designed to enhance their analytics capabilities and address emerging workforce challenges by the end of 2022. Additionally, Visier is targeting expansion into new markets, particularly in Europe and Asia, to broaden its customer base and address diverse organizational needs. This strategic growth will leverage the recent funding to enhance product offerings and support international market entry.

## Funding rounds

- Series E, Jun 23, 2021, $92M — Adams Street Partners, Summit Partners, Foundation Capital, Sorenson Capital, Goldman Sachs Asset Management
- Series D, Feb 28, 2017, $43M — Adams Street Partners, Summit Partners, Foundation Capital, Sorenson Capital
- Series C, May 28, 2014, $25M — Adams Street Partners, Summit Partners, Foundation Capital
- Series B, May 17, 2013, $15M — Summit Partners, Foundation Capital
- Series A, Aug 19, 2011, $6M — Foundation Capital

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A, Series B, Series C, Series D, Series E
- Summit Partners (https://capitalatlas.ai/funds/summit-partners) — Series B, Series C, Series D, Series E
- Adams Street Partners (https://capitalatlas.ai/funds/adams-street-partners) — Series C, Series D, Series E
- Sorenson Capital (https://capitalatlas.ai/funds/sorenson-capital) — Series D, Series E
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series E