Cornerstone - About the company
Cornerstone is an acquired company based in Santa Monica (United States), founded in 1999 by Perry Wallack and Adam Miller. It operates as a Provider of a platform for talent experience and workforce agility. Cornerstone has raised $64.4M in funding from investors like Bessemer Venture Partners, Meritech and Bay Partners, with last known valuation of $*****. The company has 4619 active competitors, including 315 funded and 295 that have exited. Its top competitors include companies like People Strong, Workday and Go1.
Company Details
Provider of a platform for talent experience and workforce agility. The platform offers learning management, career development, performance management, and recruiting capabilities. It also provides skills transformation, workforce intelligence, and solutions for various industries. The platform aims to help organizations build a skilled and agile workforce.
- Website
- www.cornerstoneondemand.com/
- Email ID
- *****@csod.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1999
Location
Santa Monica, United States
Stage
Acquired
Total Funding
$64.4M in 9 rounds
Latest Funding Round
Last Known Valuation
$***** as on May 01, 2025
Investors
Ranked
1st among 4619 active competitors
Annual Revenue
$741M as on Dec 31, 2020
Employee Count
4,184 as on Mar 31, 2026
Exit Details
Acquired by Clearlake Capital Group (Aug 05, 2021)
Legal entities associated with Cornerstone
Cornerstone is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
CORNERSTONE ONDEMAND, INC. CIN: 690110 , United States, Active | Nov 03, 2021 | - | 1111 (As on Dec 31, 2024) | - |
CORNERSTONE LTD CIN: 43603063893 , Latvia, Active | Mar 18, 2014 | $6.22K (As on Dec 31, 2024) | 1 (As on Dec 31, 2022) | - |
CORNERSTONE ONDEMAND SERVICES INDIA PRIVATE LIMITED CIN: U72900MH2010PTC202413 , India, Amalgamated | Apr 26, 2010 | $28.2M (As on Mar 31, 2024) | - | |
CORNERSTONE ONDEMAND INC CIN: 1401680 , United States, Active | May 23, 1999 | $741M (As on Dec 31, 2020) | - | - |
CORNERSTONE ONDEMAND, INC. CIN: 134068197 , United States, Active | Dec 31, 1999 | - | 1159 (As on Dec 31, 2024) | - |
Cornerstone's acquisition details
Cornerstone got acquired by Clearlake Capital Group on Aug 05, 2021. It was facilitated by Cooley, Centerview Partners, Qatalyst Partners and 10 more.
Click here to take a look at Cornerstone's acquisition in detail
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Cornerstone's funding and investors
Cornerstone has raised a total funding of $64.4M over 9 rounds. Its first funding round was on Sep 17, 2007. Its latest funding round was a Post IPO round on Nov 08, 2017 for $*****. 2 investors participated in its latest round. Cornerstone has 18 institutional investors.
Here is the list of recent funding rounds of Cornerstone:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 08, 2017 | 7547095 | Post IPO | 2179723 | 5417960 | 9293409 | 6907178 |
Jun 11, 2013 | 1331898 | Post IPO | 4057106 | 9164938 | 8521729 | 6758356 |
Mar 26, 2013 | 4352179 | Post IPO | 3405728 | 6349633 | 8284716 |
View details of Cornerstone's funding rounds and investors
Cornerstone's founders and board of directors
Founder? Claim ProfileThe founders of Cornerstone are Perry Wallack and Adam Miller. Phil Saunders and Chris Kim are the CEOs of Cornerstone.
Here are the details of Cornerstone's key team members:
- Perry Wallack: Former Co-Founder & CFO of Cornerstone and founder of 2 other companies, Quadrotian and Cornerstone. They serve on the boards of 2 companies.
- Adam Miller: Co-Founder of Cornerstone and founder of 2 other companies, Quadrotian and Sonar6.
- Chris Kim: CEO of Cornerstone. Contact Info: 1 email address
View details of Cornerstone's Founder profiles and Board Members
Cornerstone's employee count trend
Cornerstone has 4,184 employees as of Mar 26. Here is Cornerstone's employee count trend over the years:
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Cornerstone's Competitors and alternates
Top competitors of Cornerstone include People Strong, Workday and Go1. Here is the list of Top 10 competitors of Cornerstone, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Cornerstone 1999, Santa Monica (United States), Acquired | Provider of a platform for talent experience and workforce agility | $64.4M | 86/100 | |
2nd | People Strong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $30.7M | 84/100 | |
3rd | Workday 2005, Pleasanton (United States), Public | Cloud-based financial management, EPM, and HR software provider for enterprises | $352M | 81/100 | |
4th | Cloud-based LMS platform for multi-industry | $430M | 80/100 | ||
5th | Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 80/100 | |
6th | Provider of a platform for human resources, payroll, and finance | $574M | 78/100 | ||
7th | Provider of cloud based human resource management system and payroll software. | $47.4M | 78/100 | ||
8th | Provider of business management software for human resources and finance | $300M | 76/100 | ||
9th | Developer of human capital management software providing HR and talent solutions | $30M | 77/100 | ||
10th | Provider of cloud-based business software suite for diverse operational requirements | - | - | 76/100 |
Looking for more details on Cornerstone's competitors? Click here to see the top ones
Cornerstone's Investments and acquisitions
Cornerstone has made 14 investments in companies including Talespin and ClearDekho. Cornerstone has also acquired 13 companies including Talespin and Pangea FX.Here is the list of investments & acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Mar 20, 2024 | Acquisition | 2015 | Culver City (United States) | |
Oct 12, 2022 | Investments | 2015 | Culver City (United States) | |
Oct 10, 2022 | Investments | 2016 | Ghaziabad (India) |
See all investments and acquisitions by Cornerstone
News related to Cornerstone
Media has covered Cornerstone for a total of 20 events in the last 1 year, 9 of them have been about partnerships and 5 about company updates.
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Kaltura Partners with Cornerstone for AI-Powered LearningGlobeNewswire•Mar 23, 2026•Cornerstone, Kaltura
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Pureprofile acquires CRNRSTONE to boost qualitative research capabilitiesContentGrip•Feb 18, 2026•Pureprofile, Cornerstone
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Commonwealth Credit Union and Zest AI Launch CU Lending CollectiveGlobal Fintech Series•Feb 11, 2026•Zest AI, Commonwealth Credit Union, Cornerstone, Zestfinance
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Cornerstone launches new HR Tech to transform talent managementRevista Economía•Jan 30, 2026•Cornerstone
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Dharma Productions Acquires Cornerstone’s Stake In Talent Agency DCAMarketing Mind•Dec 16, 2025•Cornerstone, Dharma Productions, Cornerstone
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Staffbase and Cornerstone partner to bring learning content to frontline workersGlobeNewswire•Oct 20, 2025•Staffbase, Cornerstone
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Cornerstone Brings System of Agents to Salesforce’s AgentExchange at DreamforceBusiness Wire•Oct 14, 2025•Cornerstone, Salesforce
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SmartDreamers Partners With Cornerstone To Enhance Talent EngagementBusinessFortNight•Oct 03, 2025•SmartDreamers, Cornerstone
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