SumTotal Systems
Financials
Estimates*
USD | 2022 |
---|---|
Revenues | 120m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | Acquisition | ||
* | $200m Valuation: $200m | Acquisition | |
Total Funding | - |
Recent News about SumTotal Systems
EditSumTotal Systems, LLC is a leading provider of HR software solutions designed to help organizations discover, develop, and unleash the hidden potential within their workforce. Operating in the human capital management (HCM) market, SumTotal serves a diverse range of clients, including large enterprises and mid-sized companies across various industries. The company's core offerings include talent management, learning management, and workforce management solutions, which are integrated into a comprehensive platform. SumTotal's business model revolves around a subscription-based service, where clients pay for access to the software and additional services such as training and support. Revenue is generated through these subscriptions, as well as through professional services and consulting fees. SumTotal differentiates itself by providing contextual and pervasive HR solutions that improve employee performance in real-time, breaking down barriers and simplifying complex HR processes. The company is dedicated to creating great workplaces by empowering employees with the tools they need to excel in their roles.
Keywords: HR software, talent management, learning management, workforce management, HCM, real-time solutions, employee performance, subscription-based, professional services, consulting.