Paradox Acknowledged as a Key HR Software Provider by APPS RUN THE WORLD in the HCM Top 500 Market Report

6330 E Thomas Rd #200

Scottsdale, AZ, 85251, United States

1 888-283-4817

https://www.paradox.ai/

114 Paradox

Paradox Strengths, Domain Expertise, and Key Differentiators

Paradox offers an AI assistant named Olivia, capable of automating multiple tasks within a company's hiring process. The startup pledges a dual advantage for organizations, emphasizing that its software not only liberates recruiters from manual tasks but also enhances the overall candidate experience simultaneously.

Paradox revenue has grown by a factor of nearly 20 over the past three years.

Paradox Recent Developments

Paradox introduced Conversational ATS, a cutting-edge innovation designed to facilitate quicker hiring for employers managing large frontline, hourly staff. This technology alleviates the workload of frontline managers and contributes to cost savings.

Paradox Mergers and acquisitions (M&A) Activities

In 2021, Paradox has acquired Spetz.io, an Israeli startup that specializes in revitalizing candidate communications for clients such as EY and Sodastream.

Paradox Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Paradox 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 Paradox 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 Paradox Chatbot, Traitify by Paradox customers.

Paradox Key Cloud and HCM Applications

Paradox Chatbot, Traitify by Paradox

Paradox HCM and Cloud HCM Applications Revenues, $M:

Type/Year20222023YoY 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.

Paradox Revenue Breakdown by Type:

TypeLicenseServicesHardwareS&MSaaSPaaSIaaSOtherTotal
% of Total Revenues Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe 100%
Revenues, $M Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe Subscribe

Paradox Total and HCM Applications Revenues by Region:

Region% of Total Revenues2023 Total Revenues, $M2023 HCM Applications Revenues, $M
Americas Subscribe Subscribe Subscribe
EMEA Subscribe Subscribe Subscribe
APAC Subscribe Subscribe Subscribe
Total Subscribe Subscribe Subscribe

Paradox Direct vs Indirect sales

RegionDirect SalesIndirect SalesTotal
Type % Subscribe Subscribe Subscribe
Revenues, $M Subscribe Subscribe Subscribe

Paradox Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Paradox Customers


No. of Paradox Customers: 900

No. of Paradox HCM Applications Customers: 900

No. of Paradox Cloud HCM Customers: 900

No. of Paradox Cloud HCM Subscribers: x


Paradox's software is used by more than 900 companies, including major brands such as General Motors Co., Unilever PLC and Nestlé SA.

Paradox Market Opportunities, M&A and Geo Expansions

Paradox has successfully secured $200 million in a Series C funding round, with leading investments from Stripes, Sapphire, and Thoma Bravo. This latest funding round has catapulted Paradox and its virtual assistant, Olivia, to unicorn status, boasting a valuation of $1.5 billion.

The latest infusion of capital represents a substantial leap from Paradox's previous funding round of $40 million in May 2020, which was spearheaded by Brighton Park Capital, a participant in the current funding as well. This increased financial backing and the subsequent surge in valuation reflect Paradox's remarkable growth and expansion.

Paradox Risks and Challenges

Given the sensitive nature of the information collected and processed during the hiring process, any breach of data or security vulnerabilities could lead to severe consequences, including legal and reputational damage. Ensuring robust data protection measures and compliance with privacy regulations is crucial to mitigate this risk.

Paradox Ecosystem, Partners, Resellers and SI

With the Paradox and Workday Recruiting integration, as much as 90% of the hiring process can be automated. Furthermore, Paradox seamlessly integrates with a wide array of software providers, encompassing ATS vendors, Job Boards, CRM systems, Background Check Vendors, and various other recruiting service providers.

Paradox Cloud Platform (PaaS) and Infrastructure (IaaS) Details

Subscribe to read more about:

  • Paradox Public Cloud and Infrastructure (IaaS)
  • Paradox Platform (PaaS)
  • Paradox Application Delivery
  • Paradox 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/About Us
https://www.appsruntheworld.com/taxonomy
https://www.appsruntheworld.com/FAQ



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