Overview
IsoTalent is a global recruiting and employment firm, headquartered in Lehi, Utah, with operations primarily based in South Jordan, Utah. Founded in 2019, the company is recognized for its innovative pay-as-you-go recruiting model, which aims to reduce hiring costs by up to 50% compared to traditional contingent recruiting methods. This approach offers businesses a cost-effective solution for talent acquisition.
Services
IsoTalent offers comprehensive employment solutions centered around three core services: Executive Recruiting, HR Consulting, and Executive Coaching. They further specialize in global recruitment processes through Employer of Record (EOR) services, which include managing legal compliance, payroll, and taxation requirements, enabling companies to hire globally with ease. Their technology-enabled services span various sectors, including finance, accounting, retail, hospitality, and information technology.
Recent Developments
In August 2022, IsoTalent successfully raised a $5 million seed round, co-led by investors such as Crocker Ventures and Ad Ventures. This funding is intended to bolster IsoTalent's expansion within the global hiring marketplace with a focus on on-demand recruiter services. IsoTalent has an estimated annual revenue of $12.1 million and continues to pursue growth through high-touch collaboration and cost-effective hiring solutions.
Leadership Team
- Paul Ahlstrom: CEO and Co-founder, known for his extensive experience as an entrepreneur and investor, particularly in venture capital across the United States and Latin America.
- Robb Lifferth: COO and Co-founder, who possesses deep expertise in human resources and business development, also serving as VP of Business Development.
- Lane Losee: VP of Operations, overseeing recruitment operations.
- Brad Jensen: VP of Sales, with significant experience in brand management and sales leadership.
- David Chidester: CFO, implementing effective financial controls and processes.
- Maxwell Kiene: Director of Finance, providing robust financial oversight and strategic direction.
- Allen Liao: VP of Product and Growth, concentrating on enhancing product offerings and customer satisfaction.
- Jonathan Malan: COO, contributing strategic operational insight.
- Landon Pitcher: VP of Client Success, ensuring optimal client service delivery.
- Sabyn Hansen: Director Recruiting, managing recruitment strategies.
Company Contact
IsoTalent's headquarters is located at 10897 S River Front Pkwy, Suite 400, South Jordan, UT 84095. For inquiries and further engagement, potential clients and partners can visit their website [IsoTalent](https://www.isotalent.com/contact-us).
Competitor Profiling
Key Competitors
1. Cicero Group
- Revenue: $34.4 million
- Employees: 142
- Growth: 8%
- Industry: Management consulting with a focus on data-driven strategies.
2. Full Circle Group
- Revenue: $24 million
- Employees: 109
- Growth: -6%
- Specialization: Organizational consulting and coaching, emphasizing leadership and strategy.
3. The Cadence Group
- Revenue: $1.7 million
- Employees: 13
- Growth: -38%
- Focus: Certified woman-owned business specializing in information management services.
4. Cyberbacker
- Revenue: $150.4 million
- Employees: 547
- Growth: 22%
- Services: Virtual assistant services offering global administrative support.
5. Lano
- Focus: Provides global payroll and employment solutions across over 170 countries, with a strong emphasis on integrating payroll data and compliance in international markets.
Competitive Landscape
IsoTalent operates amidst a diverse range of competitors within the staffing and HR consultancy sectors. With an annual revenue of $12.1 million, IsoTalent's growth strategies are being evaluated against the rapid growth seen in alternatives like Cyberbacker. The consulting domain, with players such as Cicero Group and Full Circle Group, emphasizes strengthening organizational capabilities through strategic and data-driven consulting.
Despite facing challenges such as a recent decline reported in workforce growth, IsoTalent's distinctive cost model and integration of technology position it as a strong contender in a competitive landscape. By leveraging tech-enhanced, cost-efficient solutions, IsoTalent has the potential to consolidate its market position amidst both HR-focused and consulting industry competitors adapting to modern HR needs.
Note: This detailed report provides an insight into IsoTalent's operations, service nuances, and a comprehensive competitive benchmarks analysis to support strategic planning and engagement for current and prospective clients.
