ChartHop

ChartHop

HR technology platform for workforce management

About ChartHop

Simplify's Rating
Why ChartHop is rated
B+
Rated B on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

51-200

Company Stage

Series C

Total Funding

$72M

Headquarters

New York City, New York

Founded

2018

Overview

ChartHop provides a platform for organizations to manage their workforce effectively. The platform includes tools for creating organizational charts, analyzing workforce data, and managing performance. These features help companies visualize their structure, understand employee performance, and plan for growth. By integrating with existing HR systems, ChartHop centralizes employee data, making it accessible for informed decision-making. The company serves a wide range of clients, from small startups to large enterprises, all seeking a transparent and data-driven approach to HR management. ChartHop operates on a subscription model, offering different pricing tiers based on organizational size and feature complexity, ensuring that both small and large companies can benefit from its services. The goal is to enhance productivity and support intentional growth within organizations.

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Simplify's Take

What believers are saying

  • Increased demand for remote work solutions boosts ChartHop's HR technology adoption.
  • Partnership with Deel enhances global workforce management capabilities.
  • Recognition as a top remote work company strengthens ChartHop's market position.

What critics are saying

  • Potential ADP acquisition may alter company culture and strategy.
  • Rapid growth could strain resources and affect service quality.
  • Over-reliance on third-party integrations poses risks if partnerships dissolve.

What makes ChartHop unique

  • ChartHop offers a flexible HRIS with AI insights for enhanced decision-making.
  • The platform integrates with existing HR systems for centralized employee data access.
  • ChartHop's tools support transparency and productivity across diverse organizational sizes.

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Funding

Total Funding

$72M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Benefits

Healthcare benefits

Mental health benefits

Paid parental leave

401(k)

Professional development stipend

Home office stipend

Paid time off

Frequent team events

Flex fridays

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-6%

2 year growth

5%
PR Newswire
Mar 12th, 2024
Charthop Introduces Flexible Hris Built For The Entire Organization Featuring Ai Insights

The HRIS that unlocks the power of people dataNEW YORK, March 12, 2024 /PRNewswire/ -- ChartHop , the dynamic People Operations Platform, today announced the launch of its HRIS, a human resources information system that seamlessly works in concert with ChartHop's People Operations Platform, empowering HR teams and employees with a unified source of truth for people data, enhancing decision making with powerful AI insights, and streamlining how companies manage their workforces.ChartHop HRIS stores all people data in one place so teams can easily run analytics, configure workflows, and empower managers and employees to self-serve, securely. Built for adaptability and flexibility, ChartHop HRIS grows with HR and finance teams as their needs evolve, with easy configuration of all the key elements of their HRIS, including fields, user access, forms, and employee profiles. Further, teams can now extend the functionality of their HRIS without expensive third-party support."Since ChartHop's inception, my vision was to build a powerful People Operations Platform where leaders and employees could visualize and analyze all their data in one place, in real-time," said Ian White, founder and CEO of ChartHop. "For the last couple years, we've been listening to the challenges of people leaders who are frustrated with their HRIS – with systems that can't flex for their needs and that their employees hate using. We believe that HR leaders need an HRIS that tells the whole data story, is highly configurable, and one that employees are going to love. And with the power of AI insights and summaries, ChartHop makes it even easier for leaders to understand organizational trends and opportunities."With ChartHop HRIS, organizations will be able to:Centralize people data into one single source of truth, with all employee data accessible from employee profiles to an interactive data sheet.Configure onboarding and offboarding workflows with custom forms, tasks, and messages.View AI-powered insights and summaries alongside dynamic dashboards sliced by department, level, demographics, and more.Create and share employee resource pages with filtering capabilities to provide access to specific audiences based on departments, teams, and more.Manage time off with configurable request workflows and visualize with the dynamic calendar view.Empower leaders and managers to make their own people change requests when adding, backfilling, and updating roles

CB Insights
Jan 3rd, 2024
2024 prediction: ADP acquires ChartHop

2024 prediction: ADP acquires ChartHop.

VC News Daily
Nov 30th, 2023
ChartHop Receives $5M Seed Investment

BROOKLYN, N.Y, ChartHop, the world's first organizational management platform built to help companies scale, announced today that it raised $5 million in seed funding.

HR Tech Edge
Oct 9th, 2023
Quartz Names ChartHop Among the Best Companies for Remote Workers

ChartHop, a dynamic People Operations Platform, was recently named one of Quartz 's Best Companies for Remote Workers.

PR Newswire
Oct 6th, 2023
Quartz Names Charthop Among The Best Companies For Remote Workers

HR tech company honored for its people-first culture for the second consecutive yearNEW YORK, Oct. 6, 2023 /PRNewswire/ -- ChartHop , a dynamic People Operations Platform, was recently named one of Quartz's Best Companies for Remote Workers. The annual list of Quartz's Best Companies for Remote Workers was created by Quartz Magazine and Best Companies Group."Fostering a culture of employee engagement, recognition and belonging is crucial for all organizations – and even more so when remote-first," said Ian White , founder and CEO of ChartHop. "We focus on organizational transparency, foster trust and accountability among remote team members, and allow individuals to work from where they most excel. We'll continue to empower both our customers' workforces, and our own, for success."This global survey and awards program is designed to identify, recognize and honor the best places of employment in remote work, benefiting the industry's economy, workforce and businesses.Companies from across the country entered the two-part survey process to determine the Best Companies for Remote Workers. The first part consisted of evaluating each nominated company's workplace policies, practices, philosophy, systems and demographics

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