The Muse Strengths, Domain Expertise, and Key Differentiators
The Muse serves as a distinctive online hub for career exploration, providing an exclusive glimpse into job offerings across various companies. With insights from leading experts, the platform offers original career guidance and connects users with top coaches for personalized and confidential career assistance. Facilitating the recruitment process, The Muse exposes over 75 million individuals annually to potential employers, offering a preview of workplace environments before the application stage. Collaborating closely with renowned brands, The Muse refines and amplifies their employer brand, showcasing job openings while highlighting each company's distinct culture and values that contribute to a unique and appealing work environment.
The Muse Recent Developments
Operating through two platforms, namely The Muse and Fairygodboss, they cater to over 75 million visitors annually, offering guidance on professional growth, skills development, and job searching. Employers leverage their platform to attract and recruit talent, showcasing an authentic portrayal of company culture, workplace environment, and values through the narratives of their employees. The Muse is supported by MBM Capital, a private equity firm specializing in investments in expanding technology companies.
The Muse Mergers and acquisitions (M&A) Activities
In October 2022, The Muse expanded its portfolio through the acquisition of Fairygodboss, a specialized recruitment platform for women and working mothers. Earlier in November 2018, The Muse experienced a surge in its customer base, notably enhancing its technology platform by acquiring HR tech company TalentShare and establishing a new office in San Francisco. In 2017, The Muse also acquired Brand Amper, a three-year-old Chicago-based startup whose tools empower companies to collect data such as employee sentiment by inviting employees to share their stories.
The Muse Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying The Muse 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 The Muse 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 The Muse Recruiting Platform customers.
The Muse Overview
Ownership: - MBM Capital
Number of Employees: 200
Functional Market: Recruiting,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, K12, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
The Muse Key Cloud and HCM Applications
The Muse Recruiting Platform
The Muse 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.
The Muse Revenue Breakdown by Type:
The Muse 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 | |
The Muse HCM Applications Revenues By Verticals, $M:
The Muse 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 |
The Muse Direct vs Indirect sales
Region | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
The Muse Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified The Muse Customers
No. of The Muse Customers: 700
No. of The Muse HCM Applications Customers: 700
No. of The Muse Cloud HCM Customers: 700
No. of The Muse Cloud HCM Subscribers: 75000000
The Muse has successfully garnered 700 clients who subscribe annually, with fees potentially exceeding six figures. Collaborating with some of the globe's largest organizations, The Muse plays a pivotal role in enhancing their employer brand. Among its notable clients are industry giants such as Goldman Sachs, WeWork, BlackRock, Booking.com, Target, Caesars Entertainment, Enterprise Holdings, Allstate, Gap Inc., HP, and IBM. These renowned companies engage with The Muse to attract forward-thinking candidates who embody the future trajectory of their business.
The Muse Market Opportunities, M&A and Geo Expansions
In September 2022, The Muse secured $8 million in new investment led by MBM Capital, headed by managing partners Lauren Bonner and Arun Mittal. Already favored by Gen Z and Millennial job seekers, The Muse aims to utilize the investment to acquire other popular brands catering to high-demand job seekers. This strategic move is intended to enrich the platform's offerings for job seekers and provide increased value for employers, streamlining the purchasing process. The investment aligns with The Muse's vision to unite key players in the future-of-work landscape. The platform, utilized by 10% of the Fortune 500, will continue expanding its employer-focused features. Candidates applying through The Muse exhibit a 3X higher likelihood of being hired compared to those using traditional platforms and also demonstrate increased retention within the companies they join.
The Muse Risks and Challenges
The Muse faces a notable transition risk with the appointment of Heather Tenuto as the new Chief Executive Officer on August 31, 2023. This change in leadership follows the departure of co-founder and former CEO Kathryn Minshew, who will maintain a significant stake in the company. The adjustment in leadership may introduce uncertainties and challenges as the organization adapts to a new strategic direction under a different leadership style, potentially impacting the company's performance and stability.
The Muse Ecosystem, Partners, Resellers and SI
The Muse collaborates with leading agencies specializing in recruitment marketing, talent acquisition, and employer branding. Together, they craft personalized and high-touch packages along with tailored media plans, enabling clients to successfully attain their objectives.
The Muse Cloud Platform (PaaS) and Infrastructure (IaaS) Details
Subscribe to read more about:
- The Muse Public Cloud and Infrastructure (IaaS)
- The Muse Platform (PaaS)
- The Muse Application Delivery
- The Muse 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