Knoetic

Knoetic

HR technology platform for data integration

About Knoetic

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

Industries

Consulting

Enterprise Software

Company Size

201-500

Company Stage

Series B

Total Funding

$54M

Headquarters

New York City, New York

Founded

2020

Overview

Knoetic offers a platform for Chief People Officers (CPOs) and HR executives that integrates various HR systems into one source, allowing for quick analysis of people data. This helps users make informed decisions about employee motivation, retention, and satisfaction. The platform also connects users with a global network of HR professionals for sharing best practices and insights. Knoetic operates on a subscription model and aims to be a comprehensive solution for HR executives by providing data integration, analysis, and industry insights.

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Simplify's Take

What believers are saying

  • Knoetic raised $36M in Series B funding, led by EQT Ventures.
  • The platform addresses the growing need for hybrid work model management tools.
  • Knoetic's focus on DEI initiatives aligns with current corporate priorities.

What critics are saying

  • Emerging HR tech startups may dilute Knoetic's market share.
  • Economic downturns could reduce demand for premium analytics tools.
  • Data privacy regulations may impose additional compliance costs on Knoetic.

What makes Knoetic unique

  • Knoetic uniquely combines a social network with a SaaS analytics tool for CPOs.
  • The platform integrates HR systems, providing a single source for comprehensive data analysis.
  • Knoetic's exclusive CPOHQ community offers peer support and best practices sharing.

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Funding

Total Funding

$54M

Meets

Industry Average

Funded Over

2 Rounds

Notable Investors:
Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Meet Average

Industry standards

$35M
$36M
Knoetic
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Competitive compensation

Medical, dental & vision insurance

401K

Remote-first

Generous equity

Team offsites

$2,500 learning budget

$500 WFH budget

Parental and family leave

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Techmeme
Sep 22nd, 2022
EQT Ventures invests into Knoetic, Inc. in $36M

New York City-based Knoetic, which provides analytics tools to HR departments, has raised a $36M Series B led by EQT Ventures — In the last decade, so-called chief people officers (CPO) have seen a dramatic expansion of their day-to-day responsibilities.

PR Newswire
Sep 21st, 2022
Knoetic Raises $36M Series B, Empowering Chief People Officers To Make Better, Data-Driven Decisions

Investors: Knoetic's new fundraise is led by EQT Ventures with participation from Menlo Ventures and Accel. new fundraise is led by EQT Ventures with participation from Menlo Ventures and Accel. Total raised: Knoetic has raised over $50M to date for its People Analytics platform and Chief People Officer (CPO) community, empowering CPOs to improve their employee retention, performance, and company culture

PR Newswire
Sep 21st, 2022
Knoetic raises $36M Series B, empowering Chief People Officers to make better, data-driven decisions

Investors: Knoetic's new fundraise is led by EQT Ventures with participation from Menlo Ventures and Accel. Total raised: Knoetic has raised over $50M to date...

AlleyWatch
Aug 25th, 2021
Knoetic Raises $18M Series A for its Workforce Analytics Platform and Social Network for Chief People Officers

The evolution of a successful company involves a typical storyline that goes from the founding team focusing on product and growth at the earliest stages to the founders’ roles transitioning to storytelling and finding, engaging, and retaining the right talent after product-market-fit is established. Eventually, as company roles become more specialized, many companies are hiring Chief People Officers (CPOs) to manage the strategy of building and retaining exceptional talent with a focus on hiring, training, professional development, and performance management. Knoetic is a platform built for Chief People Officers by Chief People Officers. The platform is a workforce analytics platform that also has its own professional social network of 1000+ Chief People Officers that are able to support one another and provide best practices. The analytics side allows CPOs to take an unprecedented data-driven approach to their roles. The company is emerging from stealth but has its roots in another startup that combined analytics and community founded by the same team – Twine. AlleyWatch caught up with Founder and CEO Joseph Quan to learn more about the business, strategic plans, and recent round of funding led by Accel.

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Chief of Staff - Strategy & Ops

New York, NY, USA

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Find jobs on Simplify and start your career today

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We update Knoetic's jobs every few hours, so check again soon! Browse all jobs →

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