15Five

15Five

The holistic performance management company that helps HR leaders create better managers and successful employees. Learn more

Financials

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Revenues, earnings & profits over time
USD2018
Revenues4.3m
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More about 15Five
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15Five is a software-as-a-service (SaaS) company that operates in the human resources (HR) technology market. It provides a continuous performance management solution that leverages artificial intelligence (AI) to transform HR data into actionable insights. The platform is designed to help HR professionals and managers enhance their effectiveness and drive strategic change within their organizations.

The company's primary clientele includes HR professionals and managers in high-growth companies. These users leverage 15Five's platform to monitor and manage employee performance and engagement, with the goal of achieving specific business outcomes. The platform's AI capabilities enable it to prescribe actions based on the user's data, thereby facilitating data-driven decision making.

15Five operates on a subscription-based business model, generating revenue through the sale of access to its platform on a recurring basis. The company's platform is touted as easy to set up and manage, making it an attractive solution for businesses seeking to streamline their HR processes and improve performance management.

In addition to its core platform, 15Five also offers resources and training to enhance the knowledge and skills of its users. These resources include guides on gaining executive buy-in for strategic HR investments and implementing the Objectives and Key Results (OKR) methodology within an organization.

In summary, 15Five is a SaaS company that provides an AI-powered performance management solution for HR professionals and managers. The company operates in the HR technology market and generates revenue through a subscription-based business model.

Keywords: SaaS, HR Technology, Performance Management, Artificial Intelligence, Data-Driven Decision Making, Subscription-Based Business Model, High-Growth Companies, Employee Engagement, Strategic HR Investments, OKR Methodology.

Tech stack

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Investments by 15Five

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Emplify
ACQUISITION by 15Five Apr 2021