HR Analytics software
2021. Visier raises $125M for its big-data approach to HR analytics and planning
Visier, a Canadian startup that has built a big-data engine to ingest and analyze information from disparate human resources and related applications to develop more accurate profiles of people and departments — useful when considering remuneration, promotions and wider hiring budgets — has raised $125 million (USD), a Series E that the company confirms now values it at $1 billion. The solution that Visier provides is a big-data engine that it has built that can connect to HR management tools like Workday, Success Factors, payroll applications, ingest the data contained in it, match it up to provide visualizations of the current state of things, and increasingly also predictive insights. Today, this is done typically for HR departments, but this has applicability to managers, finance departments and really the employees themselves.