Praisidio

Praisidio

Verified

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$16—24m (Dealroom.co estimates Oct 2021.)
San Francisco California (HQ)
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DateInvestorsAmountRound
investor investor

$0.0

round

$4.0m

Seed
Total Funding000k

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Praisidio is a startup that operates in the Human Resources (HR) technology sector, providing a data assistant service to businesses. The company's primary offering is a platform that delivers real-time insights into a company's workforce and their impact on the business. This platform is designed to answer talent-related business questions quickly and accurately, replacing slow and unreliable manual people analytics processes.

Praisidio's clients are businesses of all sizes that need to understand their workforce better. The platform allows users to ask questions and receive actionable, easy-to-understand answers. These insights can be shared across the organization to drive performance and business outcomes.

The company's business model is based on a subscription service, where customers pay a recurring fee to access the platform. This model provides a steady revenue stream for the company.

Praisidio's platform also helps businesses stay ahead of rapid changes by understanding their organizational structure and its vulnerabilities. It provides metrics like span of control, helping businesses build a leaner, more versatile workforce.

The platform also accelerates the recruiting process by helping businesses understand their high-performers and how to find more like them. It helps avoid costly mis-hires and reduce recruiting costs by knowing which applicants to target from the start.

Furthermore, Praisidio's platform helps businesses manage attrition risks proactively, understanding which teams, roles, and people are most at risk and why. It also brings clarity to compensation with instant insights about internal trends and comparative data.

Keywords: HR Technology, Data Assistant, Workforce Insights, Talent Analytics, Subscription Service, Organizational Structure, Recruiting Process, Attrition Risk Management, Compensation Insights, Real-Time Analysis.

Tech stack

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