Mineral (ex ThinkHR and Mammoth) Strengths, Domain Expertise, and Key Differentiators
Mineral is an HR and Compliance solution provider. Founded in 2020 with the merge between ThinkHR and Mammoth it provides software for growing businesses.
Mineral (ex ThinkHR and Mammoth) Recent Developments
In August 2021, Mineral launched Mineral Intelligence, the industry's first-of-its-kind, real-time, proactive HR and compliance engine designed to help businesses stay ahead of the curve. Built for Mineral's growing network of 500,000+ clients, Mineral Intelligence leverages company data with the most up-to-date guidance on local, state and federal employment laws curated by Mineral Experts to proactively recommend actions clients should take to stay compliant.
Mineral (ex ThinkHR and Mammoth) Mergers and Acquisitions (M&A) Activities
In July 2019, ThinkHR and Mammoth HR announced their recent merger, creating the category leader to drive innovation for clients and partners across the country. The merger will enable the combined company to expand its product and service offerings, leverage complementary capabilities and expertise, deliver more value to customers through technology, and bring new, cutting-edge solutions to the market. ThinkHR and Mammoth bring together technology, content, and subject matter expertise to help employers manage their compliance responsibilities and engage their people. The merger is highly complementary and combines ThinkHR’s leadership in the insurance market with Mammoth HR’s depth and breadth in the payroll and human capital management (HCM) software markets. Collectively, the companies support more than 350,000 employers nationwide through a network of more than 1,700 partners in the insurance, payroll, HCM software, and professional employer organization (PEO) industries. Mammoth CEO, Nathan Christensen, is the new CEO of the combined company. ThinkHR CEO, Larry Dunivan, will move into the position of Executive Chairman.
Mineral (ex ThinkHR and Mammoth) Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Mineral (ex ThinkHR and Mammoth) 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 Mineral (ex ThinkHR and Mammoth) 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 Mineral Platform customers.
Mineral (ex ThinkHR and Mammoth) Overview
Ownership: - x
Number of Employees: 400
Functional Markets: HCM,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K179, 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,
Mineral (ex ThinkHR and Mammoth) Key Enterprise and Cloud Applications
Mineral (ex ThinkHR and Mammoth) 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.
Mineral (ex ThinkHR and Mammoth) 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%|
Mineral (ex ThinkHR and Mammoth) Enterprise Applications Revenues By Functional Markets, $M:
Mineral (ex ThinkHR and Mammoth) Enterprise Applications Revenues By Verticals, $M:
Mineral (ex ThinkHR and Mammoth) Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Mineral (ex ThinkHR and Mammoth) Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Mineral (ex ThinkHR and Mammoth) Customers - Breakdown by Geo, Size, Vertical and Product
No. of Mineral (ex ThinkHR and Mammoth) Customers: 500000
No. of Mineral (ex ThinkHR and Mammoth) Enterprise Applications Customers: 500000
No. of Mineral (ex ThinkHR and Mammoth) Cloud Customers: x
No. of Mineral (ex ThinkHR and Mammoth) Cloud Subscribers: x
Trusted by more than 500,000 companies, Mineral provides solutions for HR and compliance for growing businesses. Mineral's flagship solutions, including Mineral Platform, Mineral Intelligence and Mineral Experts, combine data, technology, and human expertise to take the guesswork out of HR and compliance and give clients peace of mind. Partnering with nearly 3,000 industry-leading insurance brokers, PEOs and HCMs, Mineral has built the largest HR community in the U.S.
Mineral (ex ThinkHR and Mammoth) Market Opportunities, M&A and Geo Expansions
Merging the two companies together will put both of the companies at lower risk of losing customers, and the broader portfolio might convert more customers to the platform.
Mineral (ex ThinkHR and Mammoth) Risks and Challenges
In March 2020, as a result of the combined entity of ThinkHR and Mammoth, Carla Yudhishthu was appointed as Vice President of People Operations. Yudhishthu brings more than 20 years of experience in human resources and talent acquisition to the role, where she will drive organizational and leadership development around the companies’ people strategy.
Mineral (ex ThinkHR and Mammoth) Ecosystem, Partners, Resellers and SI
Mineral does mostly direct sales.
Mineral (ex ThinkHR and Mammoth) Cloud Infrastructure Insights
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- Mineral (ex ThinkHR and Mammoth) 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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