Visier Closes Successful Q2 with Series E Funding

Sandra Radlovački

Firm closes Q2 with numerous business highlights

Visier Closes Successful Q2 with Series E Funding

Visier, the globally recognised leader in people analytics and planning, closed out a landmark quarter, which included notable new enterprise customers, awards and recognition, and a $125 million Series E investment led by Goldman Sachs.

Ryan Wong, CEO of Visier, said: “This has been a rewarding quarter for Visier, and one that shows how resilient the company has been in the face of global uncertainty.”

“With no sign of customer slowdown, a new wave of financial investment backed by one of the premier investment firms in the world, and new product launches on the horizon, I am exceptionally proud of the team and the work that has been put in to get us where we are today.”

Visier’s Q2, which ended on July 30, brought the company’s customer count to over 8000, with more than 12 million employee records under management. Highlights from Visier’s Q2 include:

  • On June 29, 2021 Visier announced it had raised $125M in Series E funding led by Goldman Sachs Asset Management at a valuation exceeding $1B USD. This investment signals a historic moment in the growth of the people analytics market, with Visier becoming the first independent vendor in the space to reach a $1 billion valuation
  • Visier received a TrustRadius Top Rated Award for Visier People® with a 2021 Top Rated Award in the Workforce Analytics category
  • Visier was also recognised by G2 Crowd as a leader in the Summer 2021 rankings of HR Analytics Software. This is the fourth quarter in a row that Visier has been ranked as a leader on G2 Crowd based on customer reviews
  • Visier achieved the largest year-over-year quarterly revenue growth in the history of the organisation surpassing last quarter’s 7,000 customer milestone to reach over 8,000 customers in Q2. Visier welcomed new customers in the energy, manufacturing, media, technology, and advisory sectors, beating bookings and retention goals
  • Visier launched an “open platform” initiative; Visier’s open platform augments and enhances even the most diversified and distributed data and analytic fabric. Customers can seamlessly integrate data from disparate sources to provide complete and accurate people insights.

Companies use Visier to understand and improve their workforce at every stage of the employee lifecycle–from recruitment to retirement. Visier is designed to answer virtually any question HR, people managers and executives need to ask about their workforce to improve diversity and inclusion, performance and productivity, employee retention and happiness, and to more effectively plan hiring and career progression, and manage people and teams.

 

 

 


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