HireRoad Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

HireRoad Strengths, Domain Expertise, and Key Differentiators

HireRoad (formerly known as Acendre) is a provider of highly secure cloud-based talent management software, empowering organizations to optimize their workforces. Initially specializing in recruitment and talent acquisition solutions, HireRoad (formerly Acendre) has since evolved to offer comprehensive talent and performance management systems, equipped with robust and insightful people analytics capabilities.

HireRoad's strength lies in its comprehensive, cloud-based talent management platform that integrates applicant tracking, onboarding, training, and analytics. The platform's AI and machine learning capabilities enable predictive analytics, aiding organizations in making informed hiring decisions and workforce planning.​ The acquisition of PeopleInsight has bolstered HireRoad's analytics offerings, providing clients with deeper insights into workforce data.

HireRoad Recent Developments

HireRoad, headquartered in Arlington, Virginia, has been making significant strides in the HR tech sector. Under the leadership of CEO John Federman since September 2023, the company has strengthened its executive team with industry veterans, including Chief Product Officer Hari Challapalli, Vice President of Marketing Kristen Boyle, and Chief Revenue Officer Matt O'Connor. ​Financially, HireRoad has demonstrated robust performance, with an estimated annual revenue of $19.2 million and a workforce of approximately 120 employees.

In February 2022, Acendre, a prominent leader in talent acquisition and development software, made a significant announcement regarding its corporate identity. Underlining the dynamic shifts in the hiring landscape, the company unveiled a strategic rebrand and adopted a new name, HireRoad. This transformative move reflects the industry's evolving needs, where organizations are compelled to prioritize employee fit and engagement amid intensifying competition for top talent.

HireRoad Mergers and Acquisitions (M&A) Activities

HireRoad has been proactive in expanding its capabilities through strategic acquisitions. Notably, the company acquired ICS Learning Group in 2019, Vacancy Filler and Accrosoft Ltd. in 2021, and PeopleInsight in 2022. These acquisitions have enhanced HireRoad's offerings in learning management, recruitment, and workforce analytics.​ The company is backed by private equity firm Strattam Capital, which has supported HireRoad's growth and expansion initiatives.

In May 2019, HireRoad (formerly known as Acendre) completed the acquisition of ICS Learning Group, a strategic move aimed at bolstering its market position. The integration of these entities resulted in a powerful and secure end-to-end talent management solution, tailored specifically for the regulated industry, promising enhanced efficiencies and streamlined processes.

In December 2018, HireRoad (formerly Acendre) made a significant announcement regarding a majority growth investment from Strattam Capital. This substantial investment played a pivotal role in accelerating HireRoad's talent management market growth, enabling the company to propel its innovative and user-friendly Software as a Service (SaaS) talent management platform. This platform effectively addressed some of the most challenging hiring problems faced by organizations, further solidifying HireRoad's position as an industry leader in the talent management domain.

HireRoad Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HireRoad applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of HireRoad and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified HireRoad (formerly Acendre) Workforce Planning, HireRoad (formerly Acendre) Recruitment, HireRoad (formerly Acendre) Onboarding, HireRoad (formerly Acendre) Performance and Succession, HireRoad (formerly Acendre) Learning, HireRoad (formerly Acendre) People Analytics and Planning customers.

HireRoad Key Enterprise and Cloud Applications

HireRoad (formerly Acendre) Workforce Planning, HireRoad (formerly Acendre) Recruitment, HireRoad (formerly Acendre) Onboarding, HireRoad (formerly Acendre) Performance and Succession, HireRoad (formerly Acendre) Learning, HireRoad (formerly Acendre) People Analytics and Planning

HireRoad Revenues, $M:

HireRoad Revenue Breakdown By Type, $M:

HireRoad Enterprise Applications Revenues By Functional Markets, $M:

HireRoad Enterprise Applications Revenues By Verticals, $M:

HireRoad Revenues By Region, $M

HireRoad Direct vs Indirect sales

HireRoad Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified HireRoad Customers

No. of HireRoad Customers: 200

No. of HireRoad Enterprise Applications Customers: 200

No. of HireRoad Cloud Customers: 200

No. of HireRoad Cloud Subscribers: 400000

HireRoad serves a diverse clientele across various industries, including retail, manufacturing, hospitality, and government sectors. The company's customer base spans the United States, United Kingdom, and Canada, reflecting its international presence.

HireRoad (formerly Acendre) operates globally with offices on three continents, providing its cutting-edge solutions to over 200 of the world's largest organizations, including nearly 100 federal agencies. With a user base of almost 400,000, HireRoad processes an impressive volume of over two million resumes annually and facilitates over two million transactions per week. Serving both public and private sectors, the company caters to diverse industries such as government, education, healthcare, utilities, and mining.

Notably, among HireRoad's esteemed clientele are prominent organizations such as the Bureau of Meteorology, Glencore, Transurban Group, Australian Bureau of Statistics, TGA Health Safety Regulations, The University of Sydney, University of South Australia, US Fish and Wildlife Services, Acara, Australian Federal Police, Defence Housing Australia, Maroondah City Council, Murray Darling Basin Authority, NRCS, and Western Sydney University.

HireRoad Market Opportunities, M&A and Geo Expansions

The global shift towards digital transformation in HR presents significant opportunities for HireRoad. The increasing demand for cloud-based, AI-driven HR solutions positions the company to expand its market share. Additionally, the growing emphasis on data-driven decision-making in talent management aligns with HireRoad's analytics capabilities.

HireRoad's success story has opened up numerous market opportunities on both horizontal and vertical levels. Their next-generation learning management solution, HireRoad Learning, has the potential to revolutionize the corporate training landscape. As organizations across the world prioritize talent management and employee development, HireRoad can leverage its expertise and expand into new regions.

HireRoad Risks and Challenges

Despite its strengths, HireRoad faces challenges common in the tech industry, including intense competition from established HCM providers and emerging startups. The rapid pace of technological change necessitates continuous innovation to meet evolving client needs. Moreover, ensuring data security and compliance with global regulations remains a critical concern.

The company's recent rebranding from Acendre to HireRoad may create challenges for prospective customers discovering their product offerings under the new name.

HireRoad Ecosystem, Partners, Resellers and SI

HireRoad's ecosystem is enriched by its integrations with various HR and productivity tools, enhancing the platform's versatility. The company's partnerships and acquisitions have expanded its technological capabilities, enabling it to offer a more comprehensive suite of services. These collaborations facilitate seamless workflows for clients and strengthen HireRoad's position in the market.​

HireRoad (formerly known as Acendre) engages in direct sales and maintains strategic partnerships with leading organizations, including Accenture, Deloitte, Lockheed Martin, Leidos, IBM, PowerTrain, GKG, PDRI, Northrop Grumman, EY, and other entities.

HireRoad's strategic focus on AI, cloud technology, and data analytics positions it as a forward-thinking leader in the HR tech space. By continually evolving its offerings and expanding its global footprint, the company is well-equipped to meet the dynamic needs of modern organizations.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: