Company Profile: Leapsome
Overview
Leapsome is a leading people enablement platform founded in 2016 by Jenny Podewils and Kajetan Armansperg, focusing on enhancing workplace dynamics through performance management, learning, and engagement. Serving over 1,500 companies worldwide, including notable clients such as Spotify and Unity, Leapsome aims to improve employee satisfaction and effectiveness.
Product and Services
Leapsome's platform provides a suite of tools designed to increase productivity and engagement, including:
- Performance Reviews and 360° Feedback
- Goal Setting & OKRs
- Engagement Surveys
- Competency Frameworks
- Learning & Onboarding
- Feedback & Praise
- Compensation & Promotions Management
- AI-Powered Tools and Integrations
These products support HR excellence and are widely utilized by managers, HR teams, and CEOs in rapidly growing businesses.
Recent Achievements and Corporate Endeavors
In 2022, Leapsome raised $60 million in Series A funding, with Insight Partners, Creandum, and Visionaries Club as key investors, aiming to foster international expansion and platform advancement. By 2024, the company's valuation reached $300 million, with reported annual revenue of $30.5 million.
Continuing its evolution, Leapsome launched its Workforce Trends Report in 2024, surveying 2,500 professionals to explore AI adoption, workforce challenges, and employee well-being.
Leadership Team
- Jenny Podewils, Co-Founder & Co-CEO, recognized as Female Founder of the Year 2023 in Germany.
- Kajetan Armansperg, Co-Founder & Co-CEO, experienced in leading product teams at Funding Circle.
- Oliver Webb, VP Global Sales, responsible for driving worldwide sales and revenue growth.
- Lena Hautzer, VP of Customer Success, spearheading customer satisfaction initiatives.
Company Values and Culture
Leapsome cultivates a company culture based on transparency, kindness, and accountability. Core values include:
- Learning and Growth
- Challenging the Status Quo
- Honesty & Transparency
- Impact & Excellence
Emphasizing diversity, the company provides educational materials such as blogs and playbooks for HR professionals to encourage value-driven transformations.
Contact Information
- New York Office: 330 Hudson Street, 12th Floor, New York, NY 10013, USA
- Berlin Office: Brunnenstr. 153, 10115 Berlin, Germany
- Email: sales@leapsome.com
Competitor Profile
Overview
Leapsome operates in a competitive HR and employee engagement software market, contending with platforms like Lattice, HiBob, Culture Amp, Workday HCM, and BambooHR. These competitors shape the market landscape by providing alternative solutions with comparable features.
Leapsome's Competitive Environment
Leapsome competes fiercely with established and emerging platforms. A standout competitor is Lattice, recognized for comprehensive performance management, though users often cite challenges like low adoption rates.
Key Competitors
1. Lattice: Offers AI-driven solutions for leadership transformation and employee performance, used by over 5,000 organizations.
2. Culture Amp: Known for robust employee analytics, with a mission to enhance workplace culture, operating from hubs in Melbourne and San Francisco.
3. HiBob: Provides the Bob platform for modern HR workflows, rapidly expanding after acquiring payroll platform Pento, serving over 4,200 customers.
4. Workday HCM: A leader in cloud-based applications with integrated finance and HR solutions, known for strategic acquisitions to enhance its cloud ecosystem.
5. BambooHR: Delivers user-friendly HR solutions to over 34,000 SMEs, with a focus on intuitive experiences.
Competitive Insights
- Market Positioning: Each competitor has distinct strengths; Lattice is notable for leadership transformation, Culture Amp for culture analytics, and HiBob for comprehensive HR solutions. Workday integrates finance and HR, while BambooHR focuses on SMEs.
- Recent Developments: Competitors are expanding through new service areas and acquisitions. HiBob's global expansion and technology integration, Workday's enhancement of AI/ML capabilities, and BambooHR's people-centric approach illustrate strategic growth.
Actionable Insights
Strategic planning should focus on leveraging insights into competitor weaknesses, such as Lattice's adoption challenges, while emphasizing Leapsome's strengths in user engagement and learning integration. Monitoring innovation and customer satisfaction trends of competitors like Workday and Culture Amp can offer cues for product development and strategic market positioning.