NEOBRAIN Company Profile

Background

Overview

Founded in 2018 by entrepreneur Paul Courtaud, NEOBRAIN is a Paris-based company specializing in AI-driven talent management solutions. The company's mission is to empower organizations by aligning the right skills with the right roles at the right time, thereby enhancing workforce agility and performance. NEOBRAIN's vision centers on transforming traditional HR practices through innovative technologies, positioning itself as a leader in the talent management industry.

Key Strategic Focus

Core Objectives and Specialization

NEOBRAIN focuses on providing comprehensive talent management solutions that integrate:

• Skills Intelligence: Utilizing AI to map and deploy skills dynamically.

• Talent Marketplace: Facilitating internal mobility and career development.

• Strategic Workforce Planning: Optimizing workforce deployment through predictive analytics.

• Engagement Loop: Enhancing performance with continuous feedback mechanisms.

Key Technologies

The company leverages artificial intelligence and machine learning to analyze and predict skill requirements, enabling organizations to proactively address talent gaps and align workforce capabilities with business objectives.

Primary Markets

NEOBRAIN serves a diverse clientele, including multinational corporations such as Total Energies, Natixis, Safran, and Audemars Piguet, across various industries seeking to modernize their talent management practices.

Financials and Funding

Funding History

• Seed Round (May 2020): Raised €4 million from Breega and Crédit du Nord to enhance AI development and market presence.

• Series A (March 2022): Secured €20 million from Alter Equity, Crédit Mutuel Innovation, XAnge via La Poste Ventures, and Breega to accelerate product innovation and international expansion.

Revenue Growth

NEOBRAIN has demonstrated consistent revenue growth:

• 2020: €864K

• 2021: €2.1M

• 2022: €2.5M

• 2023: €4.6M

• 2024: €5.7M

This trajectory reflects the company's expanding user base and increasing adoption of its solutions.

Pipeline Development

Product Enhancements

Following the acquisition of Flashbrand in June 2023, NEOBRAIN integrated continuous performance monitoring and real-time engagement analysis into its platform, offering a more holistic talent management solution.

Future Milestones

The company plans to further develop its AI capabilities to provide more personalized and predictive talent management insights, with anticipated feature rollouts in the coming quarters.

Technological Platform and Innovation

Proprietary Technologies

NEOBRAIN's platform is built on proprietary AI algorithms that analyze workforce data to identify skill gaps, predict future skill requirements, and recommend targeted training programs.

Scientific Methodologies

The company employs machine learning models to process large datasets, enabling dynamic skills mapping and strategic workforce planning.

Leadership Team

• Paul Courtaud, CEO: Founder with over a decade of entrepreneurial experience, previously created Futurness, sold to L’Etudiant.

• Denis Descause, Chief Product Officer: Formerly CEO of Flashbrand, now leading product development and managing the American subsidiary.

• Victor Martin, Chief Strategy Officer: Graduate of HEC Lausanne and Dauphine, with a background in private equity.

• Philippe Chauvelin, Chief Technical Officer: Over 10 years as CTO in major e-commerce and SaaS companies.

• Florence Gounel, Head of People: Former Human Resources Manager at Porsche.

• Nathan Redin, Head of Data Science: Expert in AI, trained at Télécom & Science Po, formerly of Accenture.

• Guillaume Sarkozy, Chairman: Engineer with 42 years of management experience in companies of all sizes, including Malakoff Humanis.

• Edouard Rabany, Chief Customer Officer: 15 years working alongside HR teams in designing and deploying innovative HR solutions.

• Cédric Leonardo, Head of Pre-Sales: Passionate about HR and HRIS, trained at Paris Dauphine, with over 10 years of experience in consulting and customer relations.

Leadership Changes

In June 2023, following the acquisition of Flashbrand, Denis Descause was appointed Chief Product Officer and tasked with managing NEOBRAIN's American subsidiary, marking a significant step in the company's U.S. expansion strategy.

Competitor Profile

Market Insights and Dynamics

The talent management software market is experiencing rapid growth, driven by the increasing need for organizations to adapt to evolving workforce dynamics and technological advancements.

Competitor Analysis

Key competitors include:

• 365Talents: An AI-driven talent experience platform focusing on skills intelligence and workforce optimization.

• Phenom Intelligent Talent Experience Platform: Offers personalized digital experiences to automate talent acquisition processes.

• Oracle Talent Management Cloud: Provides comprehensive talent lifecycle management, including recruitment and performance tracking.

• SAP SuccessFactors: Delivers integrated HR solutions with a focus on aligning strategy with objectives and managing performance.

• Pluralsight Skills: Specializes in online training courses for developers and IT professionals, emphasizing skills development.

These competitors offer various solutions in talent management, each with unique features and market positioning.

Strategic Collaborations and Partnerships

NEOBRAIN has established significant partnerships to enhance its market position and innovation capacity:

• Acquisition of WiserSkills (2022): Expanded the company's capabilities in skills management and internal mobility.

• Acquisition of Flashbrand (2023): Strengthened performance monitoring and engagement analysis.