People analytics is a critical tool for businesses to improve employee experience and drive overall organizational performance. By systematically collecting and analyzing data related to human behavior, skills, and performance within the workplace, companies unlock new opportunities for growth and foster a more engaged workforce. This article features 10 new people analytics companies and startups effectively implementing these insights to cultivate a thriving workplace culture.
Continue reading to gain up-to-date and data-driven insights on:
- Profiles of 10 Emerging People Analytics Companies and Startups
- How to Scout New People Analytics Companies and Startups Easily
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the people analytics industry. This sector is marked by key trends and a substantial workforce, shaping its future. We updated this report 5 days ago. Noticed something’s off? Let’s make it right together — reach out! Here are some key insights at a glance:
- Latest People Analytics Trends: The industry is evolving with pivotal trends such as predictive analytics, employee management and monitoring, sentiment analysis, and real-time employee data.
- People Analytics Industry Statistics: The sector’s annual growth has been 9% in the last 5 years. Over the past five years, more than 1.3k people analytics companies have been established out of a total of 9.4k organizations worldwide with 2020 as the average founding year. On average, each of these companies employ about 17 people each.
- 10 New People Analytics Companies and Startups:
- Praisidio – AI-powered People Analytics
- Empactivo – Employee Success Analysis
- Human Panel – Employee Data Unification
- MineHR – HR Strategy Optimization
- Teamspective – Workforce Optimization
- Reflect – Centralized HR Data
- Zoios – Workforce Intelligence
- Greple – Competency Management
- Peero – Employee Data Integration
- Watercooler – Behavioral Analytics
Meet 10 out of 9.4K+ New People Analytics Companies and Startups
In this section, we highlight 10 emerging people analytics companies optimizing the workforce. These companies are responding to the evolving demands of modern businesses and the complexities of managing human capital. By utilizing advanced data analytics, predictive modeling, real-time engagement metrics, and AI-driven insights, these companies are setting new standards in people analytics. Discover how these organizations are making significant strides in enhancing how organizations manage and engage their talent.
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Praisidio
- Founding Year: 2019
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Praisidio develops AI-powered people analytics software that unifies human resources (HR) data. Additionally, the software integrates with existing HR management systems (HRMS) tools to ensure comprehensive data analysis. Its machine learning and generative AI features then provide real-time monitoring to address potential employee issues promptly. HR professionals and organizational leaders benefit from the increased visibility and control over employee retention.
2. Empactivo
- Founding Year: 2020
- Employee Range: 11-50
- Location: Turkey
- Signal Strength: Strong
- What they do: Empactivo offers employee interaction software for employee recognition, appreciation, and reward. The software equips HR leaders and managers with real-time data to enhance decision-making. By utilizing pulse surveys and HR analytics, the software captures employee feedback to foster a responsive workplace environment. Employee analytics measures the performance of recognition and rewards programs to ensure continuous improvement. This provides organizations with a comprehensive understanding of employee engagement and morale.
3. Human Panel
- Founding Year: 2021
- Employee Range: 2-10
- Location: Poland
- Signal Strength: Very Strong
- What they do: Human Panel provides a people analytics platform to optimize HR processes from talent acquisition to employee performance. It aggregates raw data from multiple sources like feedback sheets and application trackers, to enable comprehensive analysis. Through customizable dashboards, HR managers access visual representations of data without requiring analytical expertise. The platform integrates with existing tools to improve data flow while its secure knowledge sharing allows controlled access to sensitive information. Its dashboard also tracks turnover metrics to predict staffing risks and identify causes of early turnover.
4. MineHR
- Founding Year: 2020
- Employee Range: 11-50
- Location: Brazil
- Signal Strength: Very Strong
- What they do: MineHR provides Dahdos, an HRMS for optimizing workforce efficiency and organizational performance. It features advanced analytics to offer real-time insights into employee productivity and engagement metrics. Its employee self-service portal provides staff with access to personal data, enabling transparency and employee satisfaction. The HRMS also supports HR professionals in efficient payroll management by reducing administrative burden and error rates.
5. Teamspective
- Founding Year: 2020
- Employee Range: 11-50
- Location: Finland
- Signal Strength: Very Strong
- What they do: Teamspective offers an organizational network analysis (ONA) solution for optimizing workplace communication and collaboration. It maps informal communication patterns within organizations by analyzing employee interactions. By integrating with existing HR and communication systems, the solutions delivers real-time analytics for enhanced decision-making. This data-driven approach enables HR professionals to analyze communication networks to uncover hidden team dynamics and collaboration issues.
6. Reflect
- Founding Year: 2022
- Employee Range: 11-50
- Location: France
- Signal Strength: Very Strong
- What they do: Reflect provides an HR data visualization platform to centralize workforce indicators. The platform securely connects to the existing HR software to retrieve, clean, and consolidate the day to day employee data. It then provides reports of headcount, compensation, and employee metrics. The platform’s key features include historical data analysis, future data visualization, and comprehensive indicators selection. This allows professionals with limited technical knowledge to analyze headcount evolution, turnover, and departmental metrics.
7. Zoios
- Founding Year: 2021
- Employee Range: 11-50
- Location: Denmark
- Signal Strength: Very Strong
- What they do: Zoios’ people and culture platform enhances workplace well-being through real-time insights. It employs high-frequency pulse surveys to gauge employee sentiment accurately. This enables organizations to track employee well-being during crises and understand how external events impact morale. The platform also supports customized multilingual surveys via email, SMS, and other communication apps to ensure high response rates. Employers benefit from actionable data to foster inclusive environments and improve managerial practices, increasing organizational resilience and employee satisfaction.
8. Greple
- Founding Year: 2019
- Employee Range: 11-50
- Location: Germany
- Signal Strength: Very Strong
- What they do: Greple’s AI-driven platform integrates competence management and digital suitability diagnostics to streamline HR decisions. The competency management feature identifies and nurtures employees’ skills across various industries, aiding their career development. The suitability diagnostics combine text-based psychometry with multiple-choice tests for high-quality assessments. This approach optimizes candidate experience while ensuring precise evaluations. HR professionals benefit from these solutions by delivering improved hiring processes and employee development.
9. Peero
- Founding Year: 2020
- Employee Range: 11-50
- Location: Latvia
- Signal Strength: Very Strong
- What they do: Peero converts diverse HR data sources into actionable insights using advanced analytics. By centralizing data storage, the company’s solution ensures consistent, reliable data access across the organization and streamlines data preparation and analysis. This reduces the time and costs associated with managing multiple data streams. For instance, the company’s dashboard allows HR teams to analyze employee headcount, workforce demographics, employee satisfaction, and turnover rates to understand workforce composition and identify opportunities for improvement.
10. Watercooler
- Founding Year: 2022
- Employee Range: 2-10
- Location: Israel
- Signal Strength: Medium
- What they do: Watercooler’s platform utilizes AI to HR data and offers behavioral people analytics. The platform identifies and predicts talent risks by offering insights into engagement, burnout, and diversity. This enables organizations to proactively manage workforce challenges and align HR strategies with business goals. By identifying and predicting potential resignation and burnout risks, the platform supports avoiding attrition and maintaining healthy team dynamics.
Quick Tip to Find New People Analytics Companies and Startups
Utilizing a SaaS platform like the Discovery Platform for identifying new people analytics companies and startups provides significant benefits compared to traditional scouting methods:
- Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces hours of your conventional desk research, saving time and resources in identifying people analytics innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in people analytics. The platform keeps you informed with near real-time updates on emerging people analytics companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within people analytics, such as employee engagement analytics, diversity and inclusion analysis, or retention and turnover analytics. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Explore All New People Analytics Companies and Startups!
We’ve explored the dynamic landscape of the people analytics industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free HR Tech Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. We’re keen to partner with subject matter experts to enrich our coverage. Think you can help? Let us know.
