Crosstalent

Crosstalent provides an integrated Human Resource Management Software (HRMS) solution designed to streamline and enhance HR processes for medium to large enterprises, improving efficiency in talent management and employee relations. Crosstalent, founded in 2012 and headquartered in Paris, France, specializes in Human Resource Management Software. The company has completed a total of 4 deals, with its most recent deal occurring on November 30, 2022. Crosstalent was acquired by saas.

group LLC, enabling further growth in the French HR software market. The founder, Brice Mallié, has a history in the tech sector, although details of previous ventures are not provided. The company raised EUR 2. 792 mn in its latest funding round, led by APICAP, with a total amount raised reaching EUR 2.

792 mn and a current valuation of EUR 11. 002 mn. Crosstalent offers a comprehensive Human Resource Management Software (HRMS) solution that includes eight modular components tailored for essential HR functions. Released in 2013, the software is designed for medium to large enterprises with over 700 employees, centralizing employee data and automating workflows to enhance the employee experience and address common HR challenges, such as talent attraction and retention.

In the most recent fiscal year of 2021, Crosstalent reported a revenue of EUR 3,753,455. 70 and an EBITDA of EUR 96,808. 20. The company operates on a subscription-based model, allowing clients to engage through annual subscriptions for its HR software modules, ensuring ongoing support and updates.

Following the acquisition by saas. group LLC in November 2022, Crosstalent aims to leverage its resources for expansion in the French HR software market. While specific new products and release dates are not mentioned, the acquisition indicates a strategic focus on growth within this sector. The recent funding will likely support these initiatives, enhancing the company’s capabilities and market presence.