Cornerstone OnDemand

Cornerstone OnDemand

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Investment Firm

Overview

Cornerstone OnDemand is a leading global provider of a comprehensive learning and talent management solution delivered as Software-as-a-Service (SaaS). The company enables organizations to meet the challenges they face in empowering their people and maximizing the productivity of their human capital. Cornerstone currently empowers over 19.1 million users across 191 countries and in 42 languages.

Their integrated cloud-based software offering consists of Cornerstone Onboarding, Cornerstone Recruiting, Cornerstone Performance, Cornerstone Learning, Cornerstone Connect, Cornerstone Succession, Cornerstone Compensation and Cornerstone Extended Enterprise. Their clients use their solution to develop employees throughout their careers, engage all employees effectively, improve business execution, cultivate future leaders, and integrate with their external networks of customers, vendors and distributors.

The company has more than 2,100 clients, including multi-national corporations, large domestic enterprises, mid-market companies, state and local public sector organizations, higher education institutions and non-profit entities. Clients include BJC HealthCare, Flextronics, Kelly Services, Pearson, Starwood Hotels & Resorts Worldwide, Teach for America and Virgin Media Limited, among many others. Cornerstone supports multiple client deployments of more than 150,000 users, including one client with more than 700,000 users.

Cornerstone is headquartered in Santa Monica, California, with offices in Auckland, Hong Kong, London, Mumbai, Munich, Madrid, Paris, Rome, Sydney and Tel Aviv.

Highlights

Founded

1999

Industry

Enterprise Software

Employees

1001-5000

Investment

15

Lead Investment

1

Exits

7

Stages

Seed, Early Stage Venture

Investor Type

N/A

Location

United States, North America

Contact Information

Social

Profile Resume

Cornerstone OnDemand, established in 1999 and headquartered in United States, North America., specializes in Seed, Early Stage Venture investments across Software, Training, Developer Platform, Skill Assessment, STEM Education, Internet, Recruiting, Small and Medium Businesses, Venture Capital, Finance. The organization boasts a portfolio of 15 investments, with an average round size of $6.0M and 7 successful exits. Their recent investments include Codewars, Workpop, Trinity Ventures, SV Angel, Ironfire Ventures. The highest investment round they participated in was $6.7B. Among their most notable exits are Codewars and Workpop. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Steven Seymour

Steven Seymour

EVP Strategic Accounts

imagePlace Perry Wallack

Perry Wallack

Co-founder & Evangelist

imagePlace Mark Goldin

Mark Goldin

Chief Technology Officer

imagePlace Bernd Leger

Bernd Leger

Chief Marketing Officer

imagePlace Connie Costigan

Connie Costigan

Vice President, Customer Experience

imagePlace Jonathan Epstein

Jonathan Epstein

Managing Director

Investment portfolio

Cornerstone OnDemand has made 15 investments. Their most recent investment was on Mar 03, 2020, when Talespin raised $15.0M.

investments

15

Diversity investments

0

Lead investments

1

Number of exits

7

Investments

15

Annouced DateOrganization NameIndustryMoney Raised
Jul 19, 2019--2.2M
Jan 23, 2020
Ubeya Ubeya
Software3.5M
Mar 03, 2020
Talespin Talespin
Software15.0M
Oct 12, 2022--5.0M

Exits

7

Funding Timeline

Funding rounds

15

Investors

6

Funds

0

Funding Rounds

15

Cornerstone OnDemand has raised 15 rounds. Their latest funding was raised on Oct 12, 2022 from a Series A - Cleardekho round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Jul 19, 2019
Pre Seed Round - Ready, Set, Food! Pre Seed Round - Ready, Set, Food!
-2.2M-
Jan 23, 2020
Series A - Ubeya Series A - Ubeya
-3.5M-
Mar 03, 2020
Series B - Talespin Series B - Talespin
-15.0M-
Oct 12, 2022
Series A - Cleardekho Series A - Cleardekho
-5.0M-

Investors

9

Cornerstone OnDemand is funded by 9 investor(s). LinkedIn and Silver Lake Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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