CATS Software, Inc.

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CATS Software, Inc. - overview

Established

2005

Location

Minneapolis, MN, US

Primary Industry

Software

About

CATS Software, Inc. provides a comprehensive Applicant Tracking System (ATS) and CRM tailored for recruitment, enabling businesses to streamline their hiring processes and manage candidate relationships effectively. Founded in 2005 and headquartered in Minneapolis, US, CATS Software, Inc. specializes in recruitment software solutions.


The company was acquired by Top Echelon Software LLC in November 2020, enhancing its operational capabilities. The founder has not been specifically identified in the available information. CATS Applicant Tracking System (ATS) is a comprehensive recruitment software solution designed to meet the hiring needs of small businesses and professional recruiters alike. The core offering encompasses an affordable, user-friendly applicant tracking system, which provides functionalities that streamline the recruitment process, making it particularly beneficial for growing teams.


CATS also features a high-performance, fully customizable CRM tailored for professional recruitment, which enhances the ability of recruiters to manage candidate relationships effectively. The company serves a diverse clientele ranging from one-person recruitment shops to Fortune 500 companies, operating across various industries such as construction, healthcare, finance, and technology. The software is utilized by thousands of companies globally, enabling them to fill their hiring needs efficiently and effectively. CATS generates revenue primarily through subscription-based models for its applicant tracking system and professional recruitment CRM.


Clients typically engage in annual or monthly subscription agreements, providing them with access to the software’s features and customer support. The transactional structure is often B2B, focusing on partnerships with businesses of various sizes that require recruitment solutions. The flagship product offerings, including the CATS Pro and data migration services, cater specifically to organizations looking to optimize their hiring processes. Pricing plans are structured to accommodate different client needs, ensuring that both small businesses and larger enterprises can access the tools necessary for effective recruitment.


CATS Software, Inc. aims to enhance its product offerings with new features and updates to the Applicant Tracking System and CRM in the coming year, though specific release dates have not been disclosed. The company is exploring expansion into additional geographic markets, specifically targeting regions in North America and Europe by 2023. Recent acquisition by Top Echelon Software LLC will support these initiatives, facilitating access to greater resources and expertise to drive growth.


Current Investors

Top Echelon Software LLC

Primary Industry

Software

Sub Industries

HR & Workforce Software

Website

www.catsone.com

Verticals

Cloud Computing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

CATS Software, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedCATS Software, Inc.-

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