AbsenceSoft

Golden, United States Founded: 2013 • Age: 13 yrs Acquired By Luminate Capital Partners
Recruitment services are provided by AbsenceSoft in the United States.
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About AbsenceSoft

AbsenceSoft is a company based in Golden (United States) founded in 2013 was acquired by Luminate Capital Partners in September 2024.. AbsenceSoft has completed 1 acquisition, including Presagia. AbsenceSoft offers products and services including AbsenceSoft Platform. AbsenceSoft operates in a competitive market with competitors including Kelly Services, Cielo, Vaco, DISYS and Robert Half, among others.

  • Headquarter Golden, United States
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Workforce & Human Resource Solutions
Key Metrics
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Products & Services of AbsenceSoft

AbsenceSoft offers a comprehensive portfolio of products and services, including AbsenceSoft Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Tool for automating HR leave and accommodations processes efficiently

People of AbsenceSoft
Headcount 50-200
Employee Profiles 85
Employee Profiles
People
Shamus Freeman
Customer Success Manager
People
Kyle Buck
Project Manager
People
Laurie O'Brien-Schwarz
Project Manager II
People
Phil Ryder
Senior Site Reliability Engineer

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Funding Insights of AbsenceSoft

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Seed - AbsenceSoft Valuation Norwest Venture Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AbsenceSoft

AbsenceSoft has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Norwest Venture Partners, Luminate and Bow River Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
Founded Year Domain Location
Luminate Capital Partners is focused on enterprise SaaS investments.
Founded Year Domain Location
Bow River Capital is focused on investment management in the lower middle market.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AbsenceSoft

AbsenceSoft has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Presagia. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based leave management solutions are provided for HR needs.
1987
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AbsenceSoft

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Absencesoft Comparisons

Employees
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Competitors of AbsenceSoft

AbsenceSoft operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kelly Services, Cielo, Vaco, DISYS and Robert Half, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Outsourced human resources services are provided globally by Kelly Services.
domain founded_year HQ Location
HR consulting services in talent acquisition and management are offered.
domain founded_year HQ Location
Recruitment and consulting services are provided by Vaco.
domain founded_year HQ Location
IT staffing, consulting, and related services are provided.
domain founded_year HQ Location
Staffing and recruitment agency
domain founded_year HQ Location
Recruitment, staff augmentation, and IT services are provided globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Absencesoft

Frequently Asked Questions about AbsenceSoft

When was AbsenceSoft founded?

AbsenceSoft was founded in 2013 and raised its 1st funding round 8 years after it was founded.

Where is AbsenceSoft located?

AbsenceSoft is headquartered in Golden, United States. It is registered at Golden, Colorado, United States.

Who is the current CEO of AbsenceSoft?

Mark Schiff is the current CEO of AbsenceSoft.

What does AbsenceSoft do?

AbsenceSoft was established in 2013 and is headquartered in Golden, United States. Recruitment services are delivered by the company to support talent acquisition processes for organizations. Focus is placed on the human resources sector, with operations centered in the domestic market. Leadership is provided by CEO Mark Schiff, overseeing service provision to clients in various industries.

Who are the top competitors of AbsenceSoft?

AbsenceSoft's top competitors include Cielo, Kelly Services and Vaco.

What products or services does AbsenceSoft offer?

AbsenceSoft offers AbsenceSoft Platform.

How many acquisitions has AbsenceSoft made?

AbsenceSoft has made 1 acquisition, including Presagia.

Who are AbsenceSoft's investors?

AbsenceSoft has 3 investors. Key investors include Norwest Venture Partners, Luminate, and Bow River Capital.

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