CareerArc Strengths, Domain Expertise, and Key Differentiators
CareerArc is a HR technology company helping business leaders recruit and transition the modern workforce. CareerArc social recruiting and modern outplacement solutions help thousands of organizations, including many of the Fortune 500, maximize their return on employer branding. By leveraging the cloud, running on world-class infrastructure, and combining web, mobile and social media applications, CareerArc helps companies gain a competitive edge in recruitment, employment branding, and benefits.
CareerArc Recent Developments
In October 2021, CareerArc unveils the next evolution of its platform that helps organizations turn their social media presence into a strategic source of hire through social media recruiting strategy, automation, publishing, and intelligence. Additional features of the newly released version include: Magic posts, an intelligent publishing technology that automatically mixes and matches similarly tagged jobs, text, hashtags, images, and video links to provide a constant stream of fresh, relevant, and diverse posts that amplify a company’s social media presence and save thousands of hours of work per year. Automated post recommendations that suggest the best imagery, publishing times, frequency, and more for posts based on data-driven social media best practices. Employer brand campaigns around themes such as DEI, culture, employees, and more with campaign-specific publishing schedules. A content studio that enables talent teams to create powerful, attention-grabbing graphics without any graphic design knowledge needed. Comparable to any well-known social media content creation tool, users can upload images from their own libraries or select an image from Pexels, crop it, add a filter, drop in preformatted and stylized text, and finish it off with a sticker or an emoji. Integration with daily work tools such as Dropbox, Google Drive, SharePoint, OneDrive, YouTube, and Vimeo to produce a seamless experience. Social recruiting health score to help teams track how their social recruiting strategy is improving over time and an ongoing action-based analytics dashboard with topline metrics, best-performing posts, and more.
CareerArc Mergers and Acquisitions (M&A) Activities
In July 2020, Italian staffing firm Gi Group acquired the CareerArc Outplacement arm. CareerArc Outplacement is rebranded as Intoo USA and joins Gi Group’s portfolio of operations in more than 57 countries across Europe, Asia, Africa, and the Americas.
CareerArc Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying CareerArc 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 CareerArc 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 CareerArc, customers.
Ownership: - x
Number of Employees: 200
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K659, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
CareerArc Key Enterprise and Cloud Applications
CareerArc Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
CareerArc Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
CareerArc Enterprise Applications Revenues By Functional Markets, $M:
CareerArc Enterprise Applications Revenues By Verticals, $M:
CareerArc Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
CareerArc Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
CareerArc Customers - Breakdown by Geo, Size, Vertical and Product
No. of CareerArc Customers: 2000
No. of CareerArc Enterprise Applications Customers: 2000
No. of CareerArc Cloud Customers: 2000
No. of CareerArc Cloud Subscribers: x
CareerArc works with 2,000+ customers across the world, providing HR technology solutions for recruiting and transitioning the world's workforce. Some of their customers are: HMS Host, CSX, Philips, 84 Lumber, CA Technologies, DELL, Ericsson, Four Seasons, P&G, Auburn Universitu, and many others.
CareerArc Market Opportunities, M&A and Geo Expansions
CareerArc has raised a $30 million growth equity round led by PeakEquity Partners (“PeakEquity”). As the only company offering both social recruiting and virtual outplacement solutions to the multi-billion dollar HR software market, CareerArc helps organizations manage the two critical touchpoints in employment where an employer brand is tested and scrutinized – hiring new talent and transitioning employees out of the organization.
In Jun 2018 CareerArc, the HR Tech solutions provider has made a new update to CareerArc 2.0, its social recruiting platform.The newest product release will boost its CareerArc recruitment software suite, as well as its candidate-focusing digital projects, with a thrust on an intelligent, adaptive, and intuitive framework.
CareerArc is OEMing its technology to Mercer, a global consulting leader in advancing health, wealth, and careers, to help create Mercer CareerArc Candidate Care. The new product helps job applicants with their next career step by providing declined candidates with assistance that includes a resume and cover letter builder, skills assessments, video interview practicing, and job matching tools.
CareerArc Risks and Challenges
Outplacement services have not been a big priority for employers, but CareerArc's unique value proposition may resonate with those in midst of overhauling their operations because of digital transformation.
CareerArc Ecosystem, Partners, Resellers and SI
CareerArc is working closely with social media platforms such as Facebook, Twitter, and LinkedIn. The platform successfully works with a wide variety of ATS programs, ranging from established ATS providers to custom-built, in-house systems.
CareerArc Cloud Infrastructure Insights
Subscribe to read more about:
- CareerArc Public Cloud and Infrastructure (IaaS)
- CareerArc Platform (PaaS)
- CareerArc Application Delivery
- CareerArc Private Cloud and Data Centers
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).
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