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- Visier
Visier Valuation, Funding & Investors
Visier is valued at $1B as of June 2021.
Last Visier valuation
$1B
Series E · Jun 2021
Last Visier funding round
$125M
Series E · Jun 2021
Cumulative funding Visier raised
$211M
across 4 funding rounds
Key investors in Visier
Foundation Capital
Summit Partners
Adams Street Partners
Sorenson Capital
Goldman Sachs Asset Management
BYU Cougar Capital
About Visier
Visier is a Vancouver-headquartered people analytics platform delivering workforce insights through cloud-based dashboards. The solution answers queries on retention, diversity, and compensation using data from HRIS like Workday and SAP SuccessFactors. Visier serves Fortune 500 companies including Coca-Cola and Nestlé with pre-built benchmarks across 50 countries. Founded in 2010, it processes petabytes of employee data for strategic planning.
Founded
2010
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1B (Jun 2021)
Visier Valuation
Visier is currently valued at $1B, based on its Series E in June 2021.
The $125M round was led by Goldman Sachs Asset Management, with participation from Adams Street Partners, Sorenson Capital, Summit Partners and Foundation Capital.
Visier valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2021 | Series E | $1B |
Visier Funding History
Visier has raised a total of $211M across 4 funding rounds.
Visier's first fundraising round was a $15M Series B in May 2013. The most recent completed round was a $125M Series E in June 2021.
Visier funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2021 | Series E | Goldman Sachs Asset Management (lead); Adams Street Partners; Sorenson Capital; Summit Partners; Foundation Capital | $125M | $1B | Visier is a Vancouver-based leader in people analytics and planning, offering the Visier People platform that provides actionable insights into workforce data for enterprises. On June 29, 2021, the company raised $125M in Series E funding led by Goldman Sachs Asset Management, with participation from Adams Street Partners, Foundation Capital, Sorenson Capital, and Summit Partners, at a post-money valuation exceeding $1B USD, marking it as the first independent people analytics vendor to achieve unicorn status. This funding came amid Visier's strongest Q2 performance, including adding over 1,000 new customers to surpass 8,000 total customers across sectors like energy, manufacturing, media, technology, and advisory, while managing over 12 million employee records. The round highlighted Visier's rapid growth in the people analytics market, driven by demand for data-driven HR decisions in a shifting work environment. Clients include major enterprises such as Adobe, BASF, Bridgestone, Electronic Arts, McKesson, Merck KGaA, and Uber, spanning 75 countries. Visier reported its largest year-over-year quarterly revenue growth in company history during this period, though specific revenue or ARR figures were not disclosed in announcements around the funding date. Post-round momentum continued into fiscal year 2022 (ending January 31, 2022), with customer count reaching 15,000 through enterprise sales and embedded partnerships with Paycor, Insperity, Cegid, iCIMS, Degreed, PeopleFluent, and UKG. The company overachieved its annual revenue plan, earned accolades like TrustRadius Top Rated in Workforce Analytics and G2 Crowd leadership in HR Analytics, and launched innovations including the open platform initiative, Visier NOW, standardized occupations, and a developer certification program. Earlier, Visier had surpassed $125M in total subscription sales with a 120% CAGR over five years prior to 2021. |
| Mar 2017 | Series D | Sorenson Capital (lead); Adams Street Partners; BYU Cougar Capital; Summit Partners; Foundation Capital | $45M | - | Visier closed a $45 million Series D financing round in March 2017 led by Sorenson Capital, with participation from existing investors Adams Street Partners, Summit Partners, and Foundation Capital. This brought the company's total funding to $94.5 million. Visier is a people strategy platform provider specializing in applied business analytics, offering cloud-based workforce intelligence and data-driven decision-making tools for enterprise customers. The company had attracted more than 100 blue chip enterprises and Fortune 500 leaders as customers by the time of this round. The capital was designated to accelerate growth, meet increasing demand for its people analytics platform, and expand its international presence and partner ecosystem. Sorenson Capital, a growth-focused private equity firm investing in disruptive technology, brought domain expertise in helping companies scale to achieve lasting market value. The company later achieved a valuation exceeding $1 billion in its Series E round in June 2021, when it raised $125 million led by Goldman Sachs Asset Management. |
| Jun 2014 | Series C | Adams Street Partners (lead); Summit Partners; Foundation Capital | $26M | - | Visier is a Vancouver-based provider of workforce analytics and people strategy platforms, offering cloud-based solutions that combine big data, HR expertise, and applied business analytics to enable data-driven decisions without technical dependencies. Its flagship product, Workforce Analytics, allows business users to query data in plain English, converting it into business metadata for insights. Customers at the time included Nissan Automotive, Exelon Corp., McGraw Hill Financial, Time Inc., Baker Hughes, and NetApp. In June 2014, Visier raised $25.5 million in its Series C funding round led by Adams Street Partners, with participation from existing investors Summit Partners and Foundation Capital. This followed a Series B of $15 million in May 2013 led by Summit Partners. The funds were intended to enhance product features, scale operations, increase market penetration, and support international expansion. Prior to the round, Visier had doubled its customer count, nearly doubled its workforce, released two new products, and opened a new headquarters in San Jose. Subsequent rounds included a $45 million Series D in March 2017 led by Sorenson Capital, bringing total funding to $94.5 million at that point, during which Visier reported tripling enterprise customers, a net promoter score of 58, over 100% annual renewal revenue rate, and 525% growth in annual recurring revenue since June 2014. Visier later achieved unicorn status with a $125 million Series E in June 2021 led by Goldman Sachs Asset Management at over $1 billion valuation, reaching over $216 million in total funding. |
| May 2013 | Series B | Summit Partners (lead); Foundation Capital | $15M | - | Visier, an innovation leader in workforce analytics and planning solutions, raised $15 million in Series B financing on May 30, 2013. The round was led by growth equity investor Summit Partners and included participation from existing investor Foundation Capital. The capital was intended to fuel investments in innovation, accelerate new product offerings, drive analytics innovation, and support global market expansion. Founded by John Schwarz, former CEO of Business Objects, Visier had launched its workforce analytics solution to the market the prior year, receiving positive customer feedback for transforming businesses. The leadership team brought experience from companies including Business Objects, Crystal Decisions, SAP, IBM, and Symantec. This Series B followed a $6 million Series A in 2011 used to develop the initial product and establish market presence. |
Who has invested in Visier?
6 investors have backed Visier across its funding rounds, including Foundation Capital, Summit Partners, Adams Street Partners, Sorenson Capital, Goldman Sachs Asset Management and BYU Cougar Capital.
Lead investors include Goldman Sachs Asset Management, Sorenson Capital, Adams Street Partners and Summit Partners.
Visier Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | May 2013 | ||
| 4 | Participant | May 2013 | ||
| 3 | Lead | Jun 2014 | ||
| 2 | Lead | Mar 2017 | ||
This data is available for Pro users. Sign up to see all 6 Visier investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions by Visier
Visier has acquired 2 companies to date.
Last acquisition by Visier was on October 24th 2022. Visier acquired Boostrs for undisclosed valuation.
Latest Acquisitions by Visier
| Description | Boostrs is a SaaS platform for strategic workforce planning and internal mobility. The company offers skills mapping tools that facilitate talent redeployment and transformation initiatives. Paris-based Boostrs streamlines HR processes for enterprises undergoing digital shifts. | Yva.ai is a SaaS platform using AI for real-time employee experience tracking tailored to employees, HR professionals, and managers. It promotes wellbeing, retention, listening culture, and performance via combined active and passive listening methods, surpassing traditional surveys, accessible at yva.ai. |
| HQ Country | ||
| HQ City | Paris | San Jose, CA |
| Deal Date | 24 Oct 2022 | 4 May 2022 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Visier acquisitions and their M&A valuation multiples. Start Free Trial | ||
Visier Competitors
Visier competitors include listed companies like Freee and ATOSS Software, and private ones like Assembled, Awardco, Beamery and Darwinbox.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | $42M | - | $1B | - | ||
| Publicly listed | $214M | $6M | $1.5B | 4.8x | ||
| Publicly listed | $218M | $84M | $1.7B | 6.4x |
Visier Public Comps
Visier is still privately-owned, but its public comps include Beijing Join-Cheer, Clarivate, Red Violet, WingArc1st, Similarweb, Cognyte Software, Plus Alpha Consulting, Latent View Analytics, Teamshares and Claritev.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $386M | $11M | 1.9x | - | 68.9x | - | |||
| $2.5B | $829M | 2.1x | 2.2x | 6.3x | 5.3x | |||
| $90M | $24M | 13.2x | 11.7x | 50.0x | 31.7x | |||
| $199M | $70M | 3.5x | 3.3x | 10.0x | 10.5x | |||
| $283M | ($15M) | 2.5x | 2.3x | (48.6x) | 26.2x | |||
| $400M | $21M | 1.5x | 1.4x | 27.6x | 9.8x | |||
| $110M | $36M | 4.2x | 3.8x | 12.9x | 9.4x | |||
| $111M | $27M | 4.4x | 4.0x | 17.8x | 18.2x | |||
This data is available for Pro users. Sign up to see all Visier competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Visier
| When was Visier founded? | Visier was founded in 2010. |
| Where is Visier headquartered? | Visier is headquartered in Vancouver, Canada. |
| Is Visier publicly listed? | No, Visier is a private, VC-backed company. |
| What is Visier's valuation? | Visier was last valued at $1B in its Series E in June 2021. |
| How much funding has Visier raised? | Visier has raised $211M across 4 funding rounds. |
| What was Visier's last funding round? | Visier's last funding round was a $125M Series E in June 2021, led by Goldman Sachs Asset Management. |
| Who are Visier's investors? | Visier's investors include Summit Partners, Foundation Capital, Adams Street Partners, Sorenson Capital, BYU Cougar Capital and Goldman Sachs Asset Management. |
| Which companies are comparable to Visier? | Companies comparable to Visier include Assembled, Awardco, Beamery, Darwinbox, Freee and ATOSS Software. |
| How many companies has Visier acquired? | Visier has acquired 2 companies, including Boostrs and Yva.ai. |
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