Visier is a Vancouver-based tech company that focuses on workplace analytics, and their operations have recently received a significant boost thanks to a large investment from Goldman Sachs.
Companies use their services in a variety of ways, including increasing employee retention and engagement, creating a workplace supportive of diversity and inclusion, and more. This is done through tracking data throughout an employee’s entire journey, from the moment they apply to the moment they exit.
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“Visier has raised $125M USD in a Series E funding backed exclusively by Goldman Sachs at a valuation of over $1B,” said Visier in an email statement to Daily Hive.
Earlier today we announced our latest funding round of $125M USD, crossing the unicorn threshold. We couldn’t have reached this major milestone without the support of our customers or partners so we wanted to take a moment to share our appreciation. #peopleanalytics #unicorn #HR pic.twitter.com/l3Xyz2KVgk
— Visier (@visier) June 29, 2021
“The partnership with Goldman Sachs on the next phase of Visier’s growth underscores the fact that people analytics has become mainstream business practice,” said John Schwarz, co-founder and chairman. “This investment is key to establishing Visier as the independent global cloud platform for people-related business insights.”
This investment gives the tech company unicorn status, which is a term used to define a startup that has a valuation of $1 billion or more.
They plan on using this investment to expand their operations internationally as well as extending their current product development.