Rise People Strengths, Domain Expertise, and Key Differentiators
Rise People (formerly Rise HQ Paysavvy) offers payroll, HR and benefits applications.
Rise People Recent Developments
In April 2019, Rise People launched Canada’s first integrated benefits administration solution with a national insurance carrier for Canadian businesses. Built-in collaboration with Sun Life (Sun Life Assurance Company of Canada), the Rise solution delivers an intuitive, digital benefits experience that drives greater value for employers and a personalized benefits experience for employees across the country.
Rise People was among 20 Vancouver tech companies who participated in Tech’s Got Talent 2015. Aimed at raising funds for youth in the community, Tech’s Got Talent is a lip-synching competition organized by Vancouver businesses Plenty of Fish and Chimp.
Rise People Mergers and acquisitions (M&A) Activities
Rise People, Inc.
was formerly known as Rise HQ (PaySavvy) Canada Inc.
The company was founded in 2011 and is based in Vancouver, Canada.
Rise People Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Rise People 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 Rise People 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 Rise HR, customers.
Rise People Overview
Ownership: - x
Number of Employees: 80
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, Consumer Packaged Goods, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil and Gas, Professional Services, Retail, Transportation, Utility,
Rise People Key Cloud and HCM Applications
Rise People HCM and Cloud HCM Applications Revenues, $M:
|Type/Year||2017||2018||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|HCM Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud 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.
Rise People Revenue Breakdown by Type:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Rise People HCM Applications Revenues By Sub-Functional Markets, $M:
Split by Sub-Functional Markets
2018 HCM Revenues, By Sub-Functional Markets, $M
Rise People HCM Applications Revenues By Verticals, $M:
Rise People Total and HCM Applications Revenues by Region:
|Region||% of Total Revenues||2018 Total Revenues, $M||2018 HCM Applications Revenues, $M|
Rise People Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Rise People Customers - Breakdown by Geo, Size, Vertical and Product
No. of Rise People Customers: x
No. of Rise People HCM Applications Customers: x
No. of Rise People Cloud HCM Customers: x
No. of Rise People Cloud HCM Subscribers: x
Rise People has more than 1000 customers around the world.
Among its customers are: Canada Drives, Hilton, Clio, David Suzuki Foundation, PayByPhone and others.
Rise People Market Opportunities, M&A and Geo Expansions
In May 2018, Rise People unveiled that Joe Amato, former Director of Sales, Western Canada at ADP, has joined Rise as vice president of sales. After changing its name from Paysavvy, Rise appears to be moving toward the broader HCM market.
Rise People Risks and Challenges
Delivering a suite of HCM applications could take some time.
Rise People Ecosystem, Partners, Resellers and SI
In October 2018, Sun Life Assurance Company of Canada (“Sun Life”) unveiled an investment and strategic relationship with Rise People. Sun Life invested $15 million in the equity of Rise, and has the option to invest an additional $9 million under agreed terms. Sun Life and Rise will collaborate to bring new digital connections and services to forward-thinking businesses across the country.
In August 2018, Rise People partnered with Cowan Insurance Group to deliver a first of its kind integrated human resources and insurance solution to Canadian businesses looking to streamline people management and fuel more fulfilling employee experiences.
Rise People, a leading digital HR, payroll and group benefits software platform, has announced the launch of its strategic partnership program to deliver a first of its kind integrated human resources, insurance, group benefits, and pension solution to Canadian businesses looking to streamline people management and fuel more fulfilling employee experiences.
As part of its plans for rapid expansion, Rise People will combine its leading technology with sound advice from trusted Canadian insurance consulting and advisory firms, including Granville West Group, Davis Benefits & Pensions Ltd., Lane Quinn Benefit Consultants, Hull Clearwater Pension & Benefits Inc., and Benefex Consulting Inc.
The new partner program allows Rise’s partners to bundle their group benefits and pension solutions with a digital HR and payroll platform that helps their clients save time and eliminate redundancies while improving overall employee satisfaction and retention.
Rise People Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- Rise People Public Cloud and Infrastructure (IaaS)
- Rise People Platform (PaaS)
- Rise People Application Delivery
- Rise People 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).
For additional information on our methodologies, here's the link:
Copyright © 2020, APPS RUN THE WORLD