HireSweet Strengths, Domain Expertise, and Key Differentiators
HireSweet specializes in leveraging AI and ML technologies to revolutionize the sourcing and recruitment process, showcasing their deep domain expertise.
The introduction of HireSweet CRM, their AI-powered sourcing tool, showcases their commitment to providing innovative solutions that simplify talent acquisition for their customers.
By harnessing ML algorithms, HireSweet can analyze unstructured data and transform it into actionable insights, enabling customers to identify and engage with the most suitable candidates.
HireSweet Recent Developments
HireSweet made waves in 2022 with the launch of their AI-powered sourcing tool, HireSweet CRM. This innovative solution empowers hiring managers, founders, and talent acquisition professionals to efficiently engage with potential candidates. By incorporating ML algorithms, HireSweet extracts valuable insights from unstructured data on platforms like Github and Stack Overflow. This approach enables the creation of comprehensive developer profiles, including skill levels, experience, adaptability, and other crucial traits.
HireSweet Mergers and acquisitions (M&A) Activities
To support its expansion plans, HireSweet secured €1.5 million in seed funding from prominent investors such as Global Founders Capital and Kima Ventures. This financial injection allowed HireSweet to enhance its product offerings, expand its customer base, and explore new market opportunities, particularly in the United States. While there have been no significant mergers or acquisitions involving HireSweet, their focus on securing funding suggests a commitment to continuous growth and development.
HireSweet Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying HireSweet 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 HireSweet 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 HireSweet CRM, HireSweet Marketplace customers.
HireSweet Overview
Ownership: - x
Number of Employees: 40
Functional Market: Sourcing, Recruiting, Candidate Relationship Management,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
HireSweet Key Cloud and HCM Applications
HireSweet CRM, HireSweet Marketplace
HireSweet HCM and Cloud HCM Applications Revenues, $M:
Type/Year | 2022 | 2023 | YoY Growth, % |
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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.
HireSweet Revenue Breakdown by Type:
HireSweet 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 | |
HireSweet HCM Applications Revenues By Verticals, $M:
HireSweet Total and HCM Applications Revenues by Region:
Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 HCM Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe |
HireSweet Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
HireSweet Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified HireSweet Customers
No. of HireSweet Customers: 1200
No. of HireSweet HCM Applications Customers: 1200
No. of HireSweet Cloud HCM Customers: 1200
No. of HireSweet Cloud HCM Subscribers: x
HireSweet's success is evidenced by their impressive customer base of over 1,200 tech companies and startups. Notable clients include BlaBlaCar, Dashlane, Nokia, Sharp, Drivy, Meetic, Lydia, and many others. While initially focused on the French market, HireSweet's expansion efforts and funding support have allowed them to penetrate the U.S. market successfully. Currently, they have approximately 100 customers in the United States, showcasing their ability to cater to a global clientele.
HireSweet Market Opportunities, M&A and Geo Expansions
Industries such as software development, IT services, and emerging technologies like IoT, cloud computing, and AI are witnessing significant growth. HireSweet can align its offerings to cater to the talent needs of these industries and capitalize on their expansion.
The increasing demand for top tech talent worldwide presents a vast market opportunity for HireSweet to expand its customer base and establish itself as a leader in talent acquisition. With a successful track record in the French market and a growing presence in the U.S., HireSweet should explore expanding into other regions, leveraging their ML-powered sourcing capabilities to attract global customers.
HireSweet Risks and Challenges
As the company grows, maintaining the quality of their AI algorithms, ensuring accurate data analysis, and managing customer expectations could pose internal challenges.
Expanding sales outside Europe, particularly in the highly competitive U.S. market, might present unique go-to-market challenges for HireSweet. They must develop effective marketing strategies and establish strong partnerships to overcome these obstacles.
HireSweet Ecosystem, Partners, Resellers and SI
HireSweet seamlessly integrates with popular third-party solutions like Recruitee, Lever, SmartRecruiters, Workday, and Greenhouse. These integrations enhance the capabilities of HireSweet CRM, enabling customers to leverage their preferred tools within the talent acquisition ecosystem.
By collaborating with system integrators and value-added resellers, HireSweet strengthens its ecosystem partnerships. These partnerships foster network effects, expanding the reach and influence of HireSweet's solutions, and further solidifying their market position.
HireSweet Cloud Platform (PaaS) and Infrastructure (IaaS) Details
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- HireSweet Public Cloud and Infrastructure (IaaS)
- HireSweet Platform (PaaS)
- HireSweet Application Delivery
- HireSweet 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
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