MentorcliQ Strengths, Domain Expertise, and Key Differentiators
MentorcliQ provides a mentoring software solution designed to assist organizations in initiating, sustaining, and expanding impactful employee mentoring programs. The cloud-based system employs algorithms to match mentors with mentees and offers tools for monitoring and overseeing these relationships. The software is adaptable to meet the specific needs of clients and is fully backed by a team of experts. One notable advantage of utilizing this software is its potential to enhance employee retention rates by up to 75%.
Accessible on various devices, including mobile, MentorcliQ prioritizes privacy through GDPR compliance. The platform ensures security with a SOC 2, Type II, ISO 27001 infrastructure. With support for over 11 languages, it facilitates easy mentoring in diverse locations.
MentorcliQ Recent Developments
MentorcliQ has strategically expanded its accessibility with the launch of its mobile app on both iOS and Android platforms. This move reflects the company’s commitment to meeting modern workforce expectations for on-the-go, user-friendly digital learning experiences.
Notably, MentorcliQ reported an impressive 150% year-over-year growth in newly launched mentoring programs—a clear indicator of the rising organizational emphasis on inclusion, employee engagement, and talent retention. As enterprises across industries increasingly prioritize DEI (Diversity, Equity, and Inclusion) and people-centric cultures, scalable mentoring programs have become essential infrastructure.
MentorcliQ offers robust features designed to launch, manage, and scale high-impact mentoring initiatives, backed by powerful analytics and AI-driven matching capabilities. The company's growth trajectory and product enhancements position it well to address the evolving needs of hybrid workforces and enterprise L&D strategies.
MentorcliQ Mergers and acquisitions (M&A) Activities
In December 2023, MentorcliQ acquired Diverst, enhancing offerings to support Diversity, Equity, Inclusion, and Belonging (DEIB) goals and streamlining technology needs for customers. The combined strengths of MentorcliQ and Diverst will offer clients great value, benefiting both the organization and individual employees.
In August 2020, MentorcliQ acquired River Software increasing MentorcliQ’s market share and furthering strengthen its position as the mentoring platform for enterprises globally.
In January 2019, MentorcliQ acquired TERP Associates. The acquisition brings TERP’s combined 40+ years of experience in mentor training and talent development to the MentorcliQ team. TERP has led mentoring training at companies such as Bush Brothers & Company, Duarte, United Nations Federal Credit Union and more.
MentorcliQ Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying MentorcliQ 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 MentorcliQ 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 MentorcliQ customers.
MentorcliQ Overview
Ownership: - x
Number of Employees: 130
Functional Market: Performance Management, Learning and Development, Succession Planning,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
MentorcliQ Key Cloud and HCM Applications
MentorcliQ
MentorcliQ HCM and Cloud HCM Applications Revenues, $M:
| Type/Year | 2023 | 2024 | 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.
MentorcliQ Revenue Breakdown by Type:
MentorcliQ HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets | % of HCM Revenue in the HR Segment | 2024 HCM Revenues, By HR Segment, $M | |
MentorcliQ HCM Applications Revenues By Verticals, $M:
MentorcliQ Total and HCM Applications Revenues by Region:
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 HCM Applications Revenues, $M |
|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe |
MentorcliQ Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
MentorcliQ Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified MentorcliQ Customers
No. of MentorcliQ Customers: x
No. of MentorcliQ HCM Applications Customers: x
No. of MentorcliQ Cloud HCM Customers: x
No. of MentorcliQ Cloud HCM Subscribers: x
MentorcliQ serves a diverse clientele, spanning from Fortune 500 companies to regional nonprofits. The platform supports mentoring programs in over 100 countries across six continents, contributing to workplace improvement for three million employees. The software is applicable to companies with employee counts ranging from 200 to 200,000. Notable clients include Cardinal Health, Campbell University, Rev1 Ventures, RAMA Consulting, among others.
MentorcliQ Market Opportunities, M&A and Geo Expansions
MentorcliQ secured a growth investment exceeding $80 million from PSG, with contributions from Rev1 Ventures and Plymouth Growth. This brings their total raised funds to over $100 million. The company intends to allocate the funding towards product development and scaling up its initiatives for customer acquisition
As many organizations make plans for their workforce for 2021 and beyond, the rapidly evolving nature of work and the increase in remote, hybrid and non-traditional workplaces caused by the Covid-19 pandemic has boosted demand for such products.
In June 2019, MentorcliQ secured $6.3 Million in growth capital funding. This brings the company’s total capital raised to over $11 Million since 2016.
MentorcliQ Risks and Challenges
Early stage HCM apps vendor aims to gain critical mass.
MentorcliQ Ecosystem, Partners, Resellers and SI
MentorcliQ seamlessly integrates with the everyday technology used by employees, providing a smooth experience for participants and offering administrators access to additional data. It can be integrated with Workday, UKG, SAP Successfactors, Cornerstone, Microsoft Teams, Outlook, Slack, Zoom, G Suite. Mostly direct sales.
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
