ChartHop

ChartHop

HR technology platform for workforce management

About

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. Unlike competitors, ChartHop focuses on transparency and data-driven management, catering to a wide range of clients from small startups to large enterprises. The goal is to enhance productivity and support intentional growth through scalable, subscription-based solutions.

Company Stage

Series C

Employees

51-200

Industries

Data & Analytics, Enterprise Software

Total Funding

$72M

Headquarters

New York City, New York

Founded

2018


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Simplify's Take

What believers are saying

  • ChartHop's recognition as one of Quartz's Best Companies for Remote Workers highlights its strong company culture and commitment to employee engagement.
  • The company's rapid growth, as evidenced by its ranking on the 2023 Inc. 5000 list and significant funding rounds, indicates robust financial health and expansion potential.
  • Strategic partnerships with companies like Deel and Carta enhance ChartHop's platform capabilities, making it more attractive to a broader range of clients.

What critics are saying

  • The HR technology market is highly competitive, with established players like ADP potentially acquiring ChartHop, which could lead to significant changes in company direction and culture.
  • Rapid scaling and tripling of employee headcount may lead to operational challenges and potential dilution of company culture.

What makes ChartHop unique

  • ChartHop's platform uniquely integrates organizational charts, people analytics, and performance management into a single, cohesive system, unlike many competitors who offer these features separately.
  • The recent launch of ChartHop HRIS with AI insights and flexible configuration sets it apart by providing a unified source of truth for people data, enhancing decision-making capabilities.
  • ChartHop's focus on transparency and data-driven decision-making, combined with its scalable subscription model, ensures it can cater to both small startups and large enterprises effectively.

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Growth & Insights
Headcount

6 month growth

-11%

1 year growth

-38%

2 year growth

-62%

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

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