Leapsome

Leapsome

HR technology platform for employee development

About Leapsome

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

Industries

Enterprise Software

Education

Company Size

51-200

Company Stage

Series A

Total Funding

$58.4M

Headquarters

New York City, New York

Founded

2016

Overview

Leapsome provides a people enablement platform that focuses on improving employee development, productivity, and engagement, especially during times of change. The platform offers tools for performance management, employee engagement, learning, and the Objectives and Key Results (OKRs) framework, which helps organizations set and track their goals. It integrates smoothly with existing tools like HR Information Systems, Slack, Teams, Calendar, and Jira, making it easy for companies to adopt without overhauling their current systems. Unlike many competitors, Leapsome emphasizes a subscription-based model and includes a dedicated Customer Success team to assist clients in maximizing the platform's benefits. The goal of Leapsome is to support companies in enhancing their workforce's engagement and productivity, ultimately helping them achieve their organizational objectives.

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Simplify's Take

What believers are saying

  • Growing demand for AI-driven HR solutions aligns with Leapsome's recent AI feedback enhancement.
  • Increased adoption of hybrid work models boosts the appeal of Leapsome's remote work tools.
  • The trend towards frequent performance reviews supports Leapsome's continuous feedback focus.

What critics are saying

  • High employee turnover rates could decrease demand for engagement and performance tools.
  • Perception gap in engagement levels may undermine Leapsome's platform effectiveness.
  • Free Meetings module release might lead to reduced revenue from subscription downgrades.

What makes Leapsome unique

  • Leapsome integrates multiple HR tools into one customizable platform, enhancing user experience.
  • The platform supports seamless integration with existing tools like Slack, Teams, and Jira.
  • Leapsome offers a unique combination of performance management and employee engagement features.

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Funding

Total Funding

$58.4M

Above

Industry Average

Funded Over

1 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$60M
Leapsome
$100M
GitHub

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Hybrid Work Options

Flexible Work Hours

Paid Vacation

Parental Leave

401(k) Company Match

Mental Health Support

Wellness Program

Professional Development Budget

Commuter Benefits

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-2%

2 year growth

8%
Business Wire
Mar 20th, 2024
Leapsome Launches Free Meetings Module To Help Managers Drive Alignment And Productivity

NEW YORK--(BUSINESS WIRE)--Leapsome, the intelligent people platform for employee and manager enablement, is doubling down on its commitment to helping companies drive business success and make work fulfilling. Starting today, Leapsome’s high-impact Meetings module will be free for all users, giving managers the tools to effectively align, engage, and develop their teams in a resource-constrained economy.In Leapsome’s Workforce Trends Report - which surveyed 2,500 global professionals - employees revealed that half of their meetings are a waste of time, and one-third have no agenda. This is an alarming finding, considering other studies have shown that people spend more time in meetings today than in years past. Ensuring this time is spent productively is critical for individual, team, and business success. Unproductive meeting culture has led some organizations to eliminate meetings altogether or set strict guardrails around when and how they occur.Meeting efficiency is key to driving alignment and productivity in a challenging macroeconomic environment where managers are asked to do more with less. The ability to run effective meetings is core to manager effectiveness in times of change

Business Wire
Mar 20th, 2024
Leapsome Launcht Kostenloses Meetings-Modul: Mehr Produktivität Und Zusammenarbeit Für Führungskräfte Und Teams

BERLIN & NEW YORK--(BUSINESS WIRE)--Die führende all-in-one Personalentwicklungsplattform Leapsome stellt das komplette Modul für Meetings ab heute für alle kostenfrei zur Verfügung. Durch diesen Schritt unterstützt das Unternehmen seine Mission, den wirtschaftlichen Erfolg von Organisationen zu steigern und Arbeit für alle Mitarbeitenden erfüllend zu gestalten. Mit dem Modul gibt Leapsome Führungskräften ein intelligentes Tool an die Hand, um ihre Teams effektiv zu leiten und zu fördern.Meetingkultur auf dem PrüfstandEine Umfrage von Leapsome unter 2.500 Berufstätigen weltweit ergab, dass die Hälfte aller Meetings als Zeitverschwendung empfunden wird. Die Umfrage zeigte auch, dass ein Drittel der Besprechungen keine Agenda hat. Diese Ergebnisse sind alarmierend, insbesondere vor dem Hintergrund, dass Menschen heute mehr Zeit in Meetings verbringen als je zuvor. Die produktive Nutzung von Besprechungszeit ist daher entscheidend für den Erfolg von Teams und die Produktivität aller Teilnehmenden

Silicon Canals
Mar 7th, 2024
Women At The Helm: 8 German Startup And Scaleups Thriving Under Female Leadership

Read this article in:Germany’s workforce is marked by a significant presence of women who contribute their exceptional skills and qualifications to various industries. While making strides in Germany’s startup scene, these innovative women are also paving the way for new employment opportunities.According to the country’s Federal Ministry for Economic Affairs and Climate Action, self-employed women in Germany are also employers, with over 3.4 million individuals under their employment and providing training for approximately 100,000 young individuals.As decision-makers, they play a crucial role in shaping the future of the country. Progress is continually made in Germany, with 29 per cent of executive positions now held by women. Moreover, women are at the helm of 757,000 small and medium-sized companies in Germany.Research indicates that companies with diverse management teams tend to be more successful and innovative, and this is evident in notable startups and scaleups in Germany that have reached remarkable growth under women’s leadership.We’re therefore excited to shine a spotlight on some of them and showcase their remarkable success stories.VaayuFounder(s): Luca Schmid, Namrata Sandhu- A message from our partner -Founded in 2021, Vaayu is a real-time carbon footprint measurement, monitoring, and reduction software for merchants. Co-founded and led by Namrata Sandhu with CTO Luca Schmid during the COVID-19 pandemic, Vaayu uses machine intelligence to simplify and automate carbon management calculations for businesses.Sandhu, with over 17 years of international experience in sustainability, has been a key figure in enhancing sustainability efforts for companies like Zalando and Arcadia Group. Her leadership at Vaayu paved the way for businesses to adopt more sustainable practices.ClueFounder(s): Hans Raffauf, Ida Tin, Mike Lavigne, Moritz von ButtlarEstablished in 2012, Clue is one of Europe’s largest and most successful FemTech companies

People Matters
Nov 10th, 2023
Luck Dookchitra joins Leapsome as Vice President of People & Culture

Luck Dookchitra joins Leapsome as vice president of People & culture.

Yahoo Finance
Nov 9th, 2023
Leapsome Welcomes Luck Dookchitra as VP People

Based in Leapsome's New York office, Luck also joins the Leapsome leadership team, reporting to co-founder and co-CEO Jenny Podewils.

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