Cornerstone

Cornerstone develops talent management software that provides recruitment, training, performance management and collaboration solutions. Read more

7,015 Followers on Owler
7,015 Followers on Owler
7,015 Followers on Owler
7,015 Followers on Owler

Cornerstone

Cornerstone develops talent management software that provides recruitment, training, performance management and collaboration solutions. Read more

Phil Saunders's photo - CEO of Cornerstone

CEO

Phil Saunders

CEO Approval Rating

72/100

Founded:

1999

Status:

PublicIndependent CompanyNASDAQCSOD

CORNERSTONE TOP COMPETITORS OR ALTERNATIVES

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NetSuite is the biggest rival of Cornerstone. NetSuite was founded in 1998, and its headquarters is in Redwood Shores, California. NetSuite operates in the Internet Software industry. NetSuite has 2,650 more employees than Cornerstone.

SAP Litmos has been one of Cornerstone's top competitors. SAP Litmos is a Private company that was founded in San Ramon, California in 2007. SAP Litmos competes in the Internet Software industry. SAP Litmos has 1,703 fewer employees vs. Cornerstone.

iCIMS is Cornerstone's #3 rival. iCIMS was founded in 2000 in Holmdel, New Jersey. iCIMS is in the Internet Software industry. iCIMS generates $550.1M less revenue than Cornerstone.

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Cornerstone Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$800.1M

Cornerstone's revenue is the ranked 8th among it's top 10 competitors. The top 10 competitors average 4.9B. Over the last four quarters, Cornerstone's revenue has grown by 13.5%. Specifically, in Q1 2021's revenue was $209.3M; in Q4 2020, it was $206.9M; in Q3 2020, it was $199.5M; in Q2 2020, Cornerstone's revenue was $184.4M.

Cornerstone Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Saba Software, Inc.

Feb 2020

Source »
$1.4B
Saba develops a cloud-based platform that offers employee recruitment and engagement solutions to the finance and healthcare sectors.
Clustree

Jan 2020

Source »
$18.5M
Clustree develops an AI-based platform that offers recruitment, training and employee development solutions for organizations.
Grovo Learning, Inc.

Nov 2018

Source »
$24M
Grovo is a learning technology firm that provides a SaaS learning platform to improve and advance employee and organizational performance.
Workpop, Inc.

Sep 2018

Source »
undisclosed
Workpop is an online platform that enables employers to hire candidates for hourly and shift based work.
Evolv, Inc.

Oct 2014

Source »
$44.5M
Evolv is a provider of data and predictive analytics solutions for workforce optimization.

These are all the companies that Cornerstone has acquired. Cornerstone has acquired 5 companies and its latest acquisition was Saba Software, Inc. in Feb 2020. Saba develops a cloud-based platform that offers employee recruitment and engagement solutions to the finance and healthcare sectors.

Cornerstone Funding History

Since Cornerstone was founded in 1999, it has participated in 5 rounds of funding. In total Cornerstone has raised $489.5M. Cornerstone's last funding round was on Nov 2017 for a total of $300.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Equity
Nov 2017
$300M
IPO
Mar 2011
$136.5M

Series F
Dec 2010
$8.3M

Bessemer Venture Partners

Series E
Mar 2009
$12.7M
Series D
Sep 2007
$32M

Since Cornerstone was founded in 1999, it has participated in 5 rounds of funding. In total Cornerstone has raised $489.5M. Cornerstone's last funding round was on Nov 2017 for a total of $300.0M

Cornerstone Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Talespin is a SaaS-based platform that develops and provides extended reality workforce applications for businesses.
$15M
Mar 02, 2020
Series B
-
Ubeya is a staff management firm that provides mobile punch clock and automated payroll reporting solutions for businesses.
$3.5M
Jan 22, 2020
Series A
-
Rallyteam is a cloud-based talent networking platform that matches employees with projects, tasks, ideas and people to self-organize and respond.
$8.6M
Nov 01, 2017
Series A
Jun 01, 2018
Comparably provides comprehensive compensation insights and culture data for employees of public and private companies.
$7.3M
Jan 12, 2017
Equity
-
Comparably provides comprehensive compensation insights and culture data for employees of public and private companies.
$6.5M
Mar 02, 2016
Equity
-

These are all the companies that Cornerstone has invested in. Cornerstone has invested 5 companies and its latest investment was Saba Software, Inc. in Feb 2020. Saba develops a cloud-based platform that offers employee recruitment and engagement solutions to the finance and healthcare sectors.

Cornerstone News

February 3, 2021The Daily Record

Cornerstone launches 40th anniversary fundraiser

The social care charity, which has a new base in Airdrie, supports people with disabilities and long-... See more »
January 14, 2021MarketScreener

Names Chirag Shah Chief Financial Officer

(marketscreener.com) Cornerstone OnDemand, Inc. , a global leader in people development solutions, to... See more »
January 14, 2021MarketScreener

Sets Date to Announce Fourth Quarter and Fiscal Year 2020 Results

(marketscreener.com) Cornerstone OnDemand, Inc. , a global leader in people development solutions, an... See more »
December 1, 2020Picante Today

Cornerstone Innovation Lab Unites Data Scientists Across the Company to Advance AI in the Workplace

Global network of data scientists and machine learning experts specializes in researching and develop... See more »
October 28, 2020Global Legal Chronicle

BestatDigital's Acquisition Of Saba Studio From Cornerstone OnDemand Inc.

DMH Stallard advised BestatDigital on the deal. Digital learning and communications company BestatDig... See more »
October 27, 2020MarketScreener

Originals Celebrates First Birthday with New Content Relevant to Today's Challenges

(marketscreener.com) Cornerstone accelerates the creation of uniquely modern content that helps organ... See more »

Cornerstone Blogs

December 8, 2020Cornerstone Blog

Procrastinators and Planners, Unite For a Better Work Experience

I’m a procrastinator, through and through. My most significant feat as such was as an undergraduate s... See more »
December 7, 2020Cornerstone Blog

Blockchain Will Transform HR, Bringing the “Internet of Careers” to Life

Blockchain for HR is no longer a pipedream—it’s a promising technology filled with potential to impro... See more »
December 4, 2020Cornerstone Blog

2021 HR Trends: What Business Leaders Can Expect After a Turbulent Year

The world experienced a great reset in 2020, with innumerable changes that altered just about everyth... See more »
December 3, 2020Cornerstone Blog

61% of Employees See Time as a Barrier to Development

If there’s one thing that many employees hoped they’d have more of when working remotely through the ... See more »
December 2, 2020Cornerstone Blog

Why Resilience in the Workplace is Key in 2021

“[SHIFT] happens. The trick is to put yourself in a position to survive and even thrive when it does.... See more »
December 1, 2020Cornerstone Blog

How AI Is Shaping the Future of Work

If there’s one thing that 2020 has taught employers, it’s that agility and adaptability are essential... See more »
November 30, 2020Cornerstone Blog

3 Innovative HR Tactics for the New Normal

In September of this year, I had a chance to sit down with Pim de Morree, the co-founder and CEO of C... See more »

Cornerstone Press Releases

February 1, 2021Newswire Today

Cornerstone Retains Strategic Leader Position in Fosway 9-Grid for Learning Systems for 2021

NewswireToday (newswire) - Mon, 01 Feb 2021 00:00:00 -0500 Santa Monica, CA United States - Fosway Gr... See more »
December 17, 2020Business Wire

Cornerstone Appoints Two New Members to Board of Directors

SANTA MONICA, Calif.--(BUSINESS WIRE)--Cornerstone appoints Felicia Alvaro and Nancy Altobello to its... See more »
December 1, 2020Business Wire

Phenom Receives Cornerstone Integration Certification, Enhancing Key Talent Lifecycle Functions Across Platforms

AMBLER, Pa.--(BUSINESS WIRE)-- #AI--Phenom, the global leader in Talent Experience Management (TXM), ... See more »
November 5, 2020Business Wire

Cornerstone OnDemand Announces Third Quarter 2020 Financial Results

SANTA MONICA, Calif.--(BUSINESS WIRE)--People development solution provider Cornerstone OnDemand, Inc... See more »
November 2, 2020PRWIRE

CORNERSTONE ON DEMAND OFFERS FREE COURSES FOR AUSSIES TO AID NATIONAL RECOVERY

CORNERSTONE ONDEMAND OFFERS FREE COURSES TO AID ECONOMIC RECOVERY - Cornerstone OnDemand offers 52 fr... See more »
October 30, 2020Realwire

Cornerstone OnDemand Positioned as Strategic Leader in the new 2020 Fosway 9-Grid for Talent & People Success

LONDON, 30th October, 2020 - Cornerstone OnDemand (NASDAQ: CSOD), a global leader in people developme... See more »

Cornerstone Videos

Social Media

Cornerstone Headquarters

1601 Cloverfield Boulevard Suite 600 South

Santa Monica, California90404

1-310-752-0200

Driving Directions »

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Cornerstone Summary

ABOUT

Overview

Cornerstone Ondemand (NASDAQ, CSOD) is a cloud-based talent management software solution. It helps organizations recruit, train, and manage their people. It has worked with large companies such as DHL, Xerox, Walgreens, and others engage their workfor...

CEO

Cornerstone's CEO, Phil Saunders, currently has an approval rating of 72%. Cornerstone's primary competitors are NetSuite, SAP Litmos & iCIMS.

Website

cornerstoneondemand.com

Frequently Asked Questions about Cornerstone

  1. When was Cornerstone founded?

    Cornerstone was founded in 1999
  2. Who is Cornerstone's CEO?

    Cornerstone's CEO is Phil Saunders
  3. How much revenue does Cornerstone generate?

    Cornerstone generates $800.1M in revenue
  4. How much funding does Cornerstone have?

    Cornerstone has historically raised $489.5M in funding
  5. Where is Cornerstone's headquarters?

    Cornerstone's headquarters is in Santa Monica California, USA
  1. How many employees does Cornerstone have?

    Cornerstone has 1,953 employees
  2. What sector does Cornerstone operate in?

    Cornerstone is in E-Learning
  3. Who are Cornerstone's competitors?

    Cornerstone's top competitors are NetSuite, SAP Litmos, iCIMS
  4. Who has Cornerstone invested in?

    Cornerstone's has invested in companies such as Talespin, Ubeya, Rallyteam