Visier provides a big-data engine that connects to disparate HR, payroll, and related applications to ingest, match and visualize employee- and department-level data. Its platform delivers current-state analytics and increasingly predictive insights for HR teams, managers, finance departments and employees themselves. The product emphasizes integration across many systems rather than being a primary HR repository, aiming to give a 360-degree view of workforce data. Visier said demand surged over the past year as hybrid and remote work increased the need for better people analytics. The company processes employee records for roughly 8,000 customers and about 12 million individual users across 75 countries. Financially, Visier has raised significant venture capital and is positioning to scale its analytics and planning offerings further. Visier provides a people strategy platform designed by domain experts that gives leaders real-time, cloud-based answers to business questions without dependency on technical resources. The platform is intended to help shape business strategy and enable action from the cloud. Led by CEO and Founder John Schwarz, Visier serves more than 100 blue-chip enterprises. The company is based in Vancouver, BC and San Jose, CA. Visier intends to use new capital to expand its customer base. As of the announced financing, the company had raised a total of $94.5m. Visier builds big-data analytics software for the human resources market that uses natural language processing to return answers to end-user queries in plain English. CEO John Schwarz, the former head of Business Objects, positions Visier as the next step in HR technology. The company says the product eliminates the need for programmers to translate business queries into data requests and aims to extend beyond HR into information about the work the workforce produces. Over the past year Visier released two new product offerings, doubled its customer count, nearly doubled its workforce, and opened a new headquarters in San Jose. Customers named in the article include Nissan Automotive, Exelon, McGraw Hill Financial, Time Inc., Baker Hughes, NetApp, and several U.S. city government agencies. Management and investors describe the addressable HR SaaS market as at least $8 billion and expect the new capital to support expansion into new verticals and further growth. Visier provides workforce analytics and planning solutions that combine predictive capabilities with consumer-style applications to give HR professionals actionable insights. Its platform is designed to help reduce workforce costs, improve productivity, attract and retain top talent, and align people strategy with business strategy. Customers include ConAgra Foods, CareFusion, Informatica and Hyatt Hotels. The company was founded in 2010 by CEO John Schwarz and is based in Vancouver, B.C. and San Francisco, CA. Visier intends to use recent funding to release new products, innovate its platform and pursue international expansion to grow market share. Visier builds analytic applications for human resources that surface business insights to HR decision makers through visualizations. The company describes its product as “analytic applications for people” and emphasizes delivering insights in an enjoyable way using visualization techniques. Visier was co-founded by John Schwarz (CEO) and Ryan Wong (CTO), both veterans of Business Objects and SAP, and includes former SAP SVP Dave Weisbeck as CSO. According to an SEC filing, Visier has raised $6 million in its first institutional venture funding round since its 2010 inception. The company invites interested firms to sign up for a free demo, and the article notes outreach to Visier to learn more about the round's backers.

Total raised

$217M

Funding rounds

5

Latest round

Series E

Latest activity

Jun 2021