Employee Navigator Strengths, Domain Expertise, and Key Differentiators
Established in 2008, Employee Navigator is a rapidly expanding provider of benefits, HR, and compliance software. With a user base exceeding 35,000 companies and serving over 5 million employees daily, the company stands out as one of the fastest-growing platforms in its category. Employee Navigator is committed to leveraging technology to enhance people's lives, and it actively seeks individuals interested in making a significant impact with their clients.
Employee Navigator streamlines benefits and HR processes for brokers and HR departments nationwide. It has developed an all-encompassing product that integrates various functions, including benefits administration, compliance, onboarding, and more, into a unified platform.
Employee Navigator Recent Developments
In January 2021, Employee Navigator has raised $34 million in growth equity funding from JMI Equity. The minority investment will go towards hiring across all functions and expanding Employee Navigator’s product offerings.
Employee Navigator Mergers and acquisitions (M&A) Activities
In April 2023, Employee Navigator, the benefits administration and HR software solution for insurance brokers and employers, announced the acquisition of Ease, the leading broker centric HR and benefits software solution for small businesses. The acquisition will help accelerate the modernization of benefits administration for brokers, employers, and the broader insurance ecosystem.
Employee Navigator Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Employee Navigator 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 Employee Navigator 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 Employee Navigator customers.
Employee Navigator Overview
Ownership: - JMI Equity
Number of Employees: 190
Functional Market: Absence and Leave Management, Task Management, Time and Attendance, Core HR, Payroll, Benefits Administration, Compliance, Onboarding, Recruiting,
Key Verticals: Life Insurance, P&C Insurance, Specialty Insurance, Professional Services,
Employee Navigator Key Cloud and HCM Applications
Employee Navigator
Employee Navigator HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| HCM Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* HCM Applications Revenues = License + Support & Maintenance + SaaS ( Hardware and Prof. Services are Excluded )
** 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.
Employee Navigator Revenue Breakdown by Type:
Employee Navigator HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2023 HCM Revenues, By HR Segment, $M | |
Employee Navigator HCM Applications Revenues By Verticals, $M:
Employee Navigator Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
Employee Navigator Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Employee Navigator Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Employee Navigator Customers
No. of Employee Navigator Customers: 150000
No. of Employee Navigator HCM Applications Customers: 150000
No. of Employee Navigator Cloud HCM Customers: x
No. of Employee Navigator Cloud HCM Subscribers: 10000000
Employee Navigator collaborates with a network of over 2,000 brokers across the nation, delivering cutting-edge benefits administration and HR solutions to a diverse clientele comprising over 50,000 companies and serving the needs of 10 million employees and their dependents. Noteworthy clients within Employee Navigator's portfolio include Simpara, Employee Family Protection (EFP), Lake Norman Benefits, The Meyer Group, Olympic Crest Insurance, SIGs, and numerous other esteemed entities.
Employee Navigator Market Opportunities, M&A and Geo Expansions
In October 2019, Employee Navigator forged a strategic partnership with Manhattan Life, positioning itself to augment the spectrum of opportunities available to small and medium-sized enterprises seeking to provide their workforce with Manhattan Life insurance plans. This collaboration aims to facilitate a more seamless enrollment process for employees, thereby enhancing overall operational efficiency.
Furthermore, in January 2018, Paycor, a prominent Human Capital Management (HCM) solutions provider, entered into a strategic alliance with Employee Navigator, a leading provider of benefits and HR software solutions. This collaborative venture is designed to optimize and streamline employee benefits and payroll management scenarios, reflecting a commitment to advancing integrated solutions within the benefits and HR technology landscape.
Employee Navigator Risks and Challenges
In order to catalyze business growth, prudent consideration may be given to the exploration of market expansion initiatives, encompassing both the diversification of target markets and an expansion of geographic reach. This strategic approach aligns with the imperative to broaden the scope of sales activities and tap into new territories, thereby fostering a trajectory of sustainable and scalable business development.
Employee Navigator Ecosystem, Partners, Resellers and SI
Employee Navigator boasts a robust network of strategic partnerships, which includes industry leaders such as ADP, Admin America, HRPro, MedPut, MDLIVE, Guardian, Legal Insurance, P&A Group, PBS, TASC, HPN, Care Flex, and various others.
During the 2019/2020 timeframe, Employee Navigator significantly expanded its partner portfolio, incorporating esteemed entities such as MassMutual, EyeMed, Sun Life, EMI Health, and ManhattanLife. This augmentation of partnerships reflects the company's commitment to fortifying its ecosystem with key collaborators, enhancing the breadth and depth of its offerings within the market.
Employee Navigator Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Employee Navigator Public Cloud and Infrastructure (IaaS)
- Employee Navigator Platform (PaaS)
- Employee Navigator Application Delivery
- Employee Navigator Private Cloud and Data Centers
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:
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ
