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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. The company has 4840 active competitors, including 328 funded and 327 that have exited. Its top competitors include companies like Workday, People Strong and Factorial.

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.
Social
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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
Ranked
Employee Count
4,184 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Clearlake Capital Group (Aug 05, 2021)

Cornerstone's acquisition details

Cornerstone got acquired by Clearlake Capital Group on Aug 05, 2021.
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:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 08, 2017
5095386
Post IPO
5824696
1015940
3374862
1703775
Jun 11, 2013
8449863
Post IPO
3095105
1848861
9789883
9364990
Mar 26, 2013
2216956
Post IPO
3092059
4878273
4796565
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Cornerstone's founders and board of directors

Founder? Claim Profile
The 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:

Cornerstone's employee count trend

Cornerstone has 4,184 employees as of Mar 26. Here is Cornerstone's employee count trend over the years:
Employee count trend for Cornerstone
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Cornerstone's Competitors and alternates

Top competitors of Cornerstone include Workday, People Strong and Factorial. Here is the list of Top 10 competitors of Cornerstone, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Cornerstone
Cornerstone
1999, Santa Monica (United States), Acquired
Provider of a platform for talent experience and workforce agility
$64.4M
86/100
3rd
Logo for People Strong
People Strong
2005, Gurugram (India), Acquired
Provider of human capital management platform offering integrated HR solutions
$30.7M
84/100
4th
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series D
Provider of business management software for human resources and finance
$369M
81/100
5th
Logo for Go1
Go1
1998, Brisbane (Australia), Series D
Cloud-based LMS platform for multi-industry
$430M
80/100
6th
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
80/100
7th
Logo for Bob
Bob
2015, Tel Aviv (Israel), Series D
Provider of a platform for human resources, payroll, and finance
$574M
79/100
8th
Logo for GreytHR
GreytHR
1994, Bengaluru (India), Acquired
Provider of cloud based human resource management system and payroll software.
$47.4M
78/100
9th
Logo for Dayforce
Dayforce
2008, Toronto (Canada), Acquired
Developer of human capital management software providing HR and talent solutions
$30M
77/100
10th
Logo for Remote
Remote
2019, Amsterdam (Netherlands), Series C
Provider of employment infrastructure for payroll compliance and contractor management
$506M
76/100
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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:lockFilter 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)
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Reports related to Cornerstone

Here is the latest report on Cornerstone's geography:

News related to Cornerstone

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Media has covered Cornerstone for a total of 25 events in the last 1 year, 10 of them have been about partnerships and 8 about company updates.
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