Cornerstone OnDemand offers talent management software that helps organizations in recruiting, training, and managing their people.
Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution delivered as Software-as-a-Service (SaaS). The company enables organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Cornerstone currently empowers over 19.1 million users across 191 countries and in 42 languages.Their integrated cloud-based software offering consists of Cornerstone Onboarding, Cornerstone Recruiting, Cornerstone Performance, Cornerstone Learning, Cornerstone Connect, Cornerstone Succession, Cornerstone Compensation and Cornerstone Extended Enterprise. Their clients use their solution to develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders, and integrate with their external networks of customers, vendors and distributors.The company has more than 2,100 clients, including multi-national corporations, large domestic enterprises, mid-market companies, state and local public sector organizations, higher education institutions and non-profit entities. Clients include BJC HealthCare, Flextronics, Kelly Services, Pearson, Starwood Hotels & Resorts Worldwide, Teach for America and Virgin Media Limited, among many others. Cornerstone supports multiple client deployments of more than 150,000 users, including one client with more than 700,000 users. Cornerstone is headquartered in Santa Monica, California, with offices in Auckland, Hong Kong, London, Mumbai, Munich, Madrid, Paris, Rome, Sydney and Tel Aviv.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 8, 2017 | Post-IPO Equity | $300M | 2 | Silver Lake | — | Detail |
Mar 23, 2011 | Post-IPO Equity | — | 1 | — | — | Detail |
Mar 17, 2011 | IPO | $136.50M | — | — | — | Detail |
Mar 13, 2009 | Series E | $12.70M | 4 | Meritech Capital Partners | — | Detail |
Sep 17, 2007 | Series D | $32M | 2 | Bay Partners Bessemer Venture Partners | — | Detail |
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
---|---|---|---|---|
Oct 12, 2022
Cleardekho
|
Series A | $5M | Eyewear | — |
Mar 3, 2020
Talespin
|
Series B | $15M | Artificial Intelligence | Yes |
Jan 23, 2020
Ubeya
|
Series A | $3.50M | Apps | — |
Jul 19, 2019
Ready, Set, Food!
|
Pre-seed | $2.20M | E-Commerce | — |
Nov 2, 2017
Rallyteam
|
Series A | $8.60M | Crowdsourcing | — |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Silver Lake | Yes | Post-IPO Equity |
Meritech Capital Partners | Yes | Series E |
— | Post-IPO Equity | |
ff Venture Capital | — | Post-IPO Equity |
Bay Partners | — | Series E |
Bessemer Venture Partners | — | Series E |
Cornerstone OnDemand has had 4 exits. Cornerstone OnDemand most notable exits include Comparably , Portfolium
Date | Company Name | Exit Type | Industry | |
---|---|---|---|---|
May 2, 2022 | Comparably | M&A | Internet | Detail |
Feb 19, 2019 | Portfolium | M&A | College Recruiting | Detail |
Sep 12, 2018 | Workpop | M&A | Internet | Detail |
Jun 8, 2018 | Rallyteam | M&A | Crowdsourcing | Detail |
Cornerstone OnDemand has acquired 8 organizations. Their most recent acquisition was Sonar6 on Mar 8, 2012. They acquired Sonar6 for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Mar 8, 2012
Sonar6
|
Career Planning | — | — | Detail |
Oct 7, 2014
Evolv
|
Analytics | acquisition | $ 44.50M | Detail |
Sep 12, 2018
Workpop
|
Internet | acquisition | — | Detail |
Nov 7, 2018
Grovo
|
EdTech | acquisition | — | Detail |
Jan 16, 2020
Clustree
|
Artificial Intelligence | acquisition | — | Detail |