Qlearsite Ltd

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Qlearsite Ltd - overview

Established

2014

Location

London, -, UK

Primary Industry

Software

About

Qlearsite Ltd is a talent intelligence company delivering data-driven tools for small to medium-sized enterprises, enabling informed decision-making in human resource management. Founded in 2014, Qlearsite Ltd specializes in talent intelligence. The company operates from London, UK, and was co-founded by Alex Borekull, Christian Lundvang, and Pete Clark. In May 2017, the company was acquired by Summa Equity, with financial terms undisclosed.


Qlearsite has successfully completed a total of 1 deal. Qlearsite offers a comprehensive suite of talent intelligence tools tailored for small to medium-sized enterprises (SMEs). Their flagship product, Compensation IQ, merges HR data with market insights to support salary reviews and enhance talent retention strategies. Additionally, their survey platform allows organizations to assess employee engagement, inclusion, and well-being through various metrics, including eNPS and retention risk.


Leveraging over 24 survey templates and a robust question bank, Qlearsite's platform aids businesses in benchmarking their performance across industries that emphasize data-driven HR management and engagement strategies. Qlearsite generates revenue primarily through subscription-based models for its software products and services. Clients engage with Qlearsite by purchasing subscriptions for access to tools like Compensation IQ and the survey platform. The subscription model enables ongoing analytics and insights, promoting continual improvement in employee engagement and retention strategies, catering to various organizational sizes and needs.


Looking ahead, Qlearsite is focused on expanding its product offerings and geographic reach. The company is working on new product features set to launch by the end of 2023, designed to enhance user experience and engagement. Additionally, Qlearsite plans to enter new markets across Europe and North America by mid-2024. The recent acquisition by Summa Equity on May 24, 2017, is expected to support these growth initiatives through strategic investments, enabling the company to enhance its operational capabilities.


Current Investors

Summa Equity

Primary Industry

Software

Sub Industries

Business Support Services, Analytics & Performance Software, Content Management Software, Storage Management Software

Website

www.qlearsite.com

Verticals

Artificial Intelligence

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Qlearsite Ltd - 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)
BuyoutCompletedQlearsite Ltd-

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