About Cornerstone
Cornerstone is a Technology company based in Santa Monica (United States) founded in 1999, and was acquired by Clearlake Capital Group in August 2021. Cloud-based HRMS platform powered by AI for workforce management. It operates on a SaaS (Software-as-a-Service) and Subscription Services model. Cornerstone has raised $87.95 million across 9 funding rounds from investors including LinkedIn, Bessemer Venture Partners and Silver Lake. The company has 798 employees. Cornerstone has completed 11 acquisitions, including Capital Currencies, Clustree and Cornerstone. Its chief executive, as recorded, is Phil Saunders. Its website cornerstoneondemand.com draws about 176 thousand monthly visits. Its Indian entity Cornerstone Ondemand Services India Private Limited reported revenue of ₹234 Cr. Cornerstone offers products and services including Cornerstone Galaxy, Cornerstone Learn, Cornerstone Elevate, and Cornerstone Transform. Its focus areas include Software and Human Capital Management. Its competitors include Korn Ferry, ActivTrak and Sapience; 2 of its 3 listed competitors have raised funding.
Company details
Cornerstone is established as a leader in workforce agility platforms through its AI-driven solutions. The company offers tools like Cornerstone Galaxy, Learn, Elevate, and Transform to address skills development, compliance, employee growth, and workforce intelligence. Services are tailored for various industries including public sector, healthcare, financial services, and higher education. Solutions are designed to support learning aligned with performance, dynamic workforce planning, and leadership development. An open ecosystem ensures adaptability for future needs across diverse organizational contexts.
- Headquarters Santa Monica, United States
- Employees 798
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · Programming and Developer Software
- Email••••••••
- Phone•••• ••••
- Website cornerstoneondemand.com
- Social LinkedIn X Facebook Instagram
- Acquired by Clearlake Capital Group (Aug 2021)
- Legal Name Cornerstone Ondemand
- Date of Incorporation 26 Apr, 2010
- Jurisdiction Mumbai, Maharashtra, India
- Indian entity revenue₹234 Cr
FY 2024 · +27% YoY
- Indian entity net profit₹26.29 Cr
FY 2024 · 11% margin
- Indian entity EBITDA₹40.86 Cr
FY 2024 · 17% margin
- Total Equity Funding$87.95M (USD)
in 9 rounds
- Latest Funding Round$300M (USD), Post-IPO
Nov 2017
- InvestorsLinkedIn
& 7 more
- Employee Count798
- Investments & AcquisitionsCapital Currencies
& 10 more
- Acquired byClearlake Capital Group
(Aug 2021)
Associated legal entities of Cornerstone
Cornerstone operates through Cornerstone Ondemand Services India Private Limited (amalgamated). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Cornerstone Ondemand Services India Private Limited CIN U72900MH2010PTC202413 | Amalgamated | 26 Apr 2010 | Mumbai, Maharashtra | ₹234 Cr | 798 | 2 | View details |
Products & Services of Cornerstone
Cornerstone offers a comprehensive portfolio of products and services, including Cornerstone Galaxy, Cornerstone Learn, Cornerstone Elevate, and Cornerstone Transform.
AI-powered platform for workforce agility and skills.
Learning solution to upskill and close compliance gaps.
Tool to foster career mobility and employee retention.
Platform to analyze skills and workforce intelligence needs.
Apps and channels of Cornerstone
Cornerstone publishes 1 mobile app with over 500K+ downloads.
Funding Insights of Cornerstone
Cornerstone has successfully raised a total of $87.95M across 9 strategic funding rounds. The most recent funding activity was a Post-IPO round of $300 million completed in November 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $87.95M
- Total Rounds 9
- Last Round Post-IPO — $300M
- First Round $32M
(Sep 2007)
- Investors Count 7
All 9 funding rounds of Cornerstone with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2017 | $300M | Post-IPO | – | – | |
| Jun 2013 | $220M | Post-IPO | – | – | – |
| Mar 2013 | $15.75M | Series C | – | – | |
| Apr 2011 | $15.75M | Series C | – | – | – |
| Nov 2010 | $7.97M | Post-IPO | – | – | – |
| Oct 2009 | $8.25M | Series B | – | – | – |
| Mar 2009 | $12.7M | Series D | – | Meritech | |
| Jan 2008 | $3.5M | Series A | – | – | |
| Sep 2007 | $32M | Series D | – | Bay Partners, Bessemer Venture Partners | – |
8 investors in total: 8 institutional.
Investors in Cornerstone
Cornerstone has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include LinkedIn, Bessemer Venture Partners and Silver Lake.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Technology investing and private equity firm focused on partnerships. | silverlake.com | |||
Private equity investments are directed toward US-based companies. | meritechcapital.com | Palo Alto, United States | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
VC firm investing mostly in the US | baypartners.com | Menlo Park, United States | ||
Venture capital firm | vpcp.com | Santa Barbara, United States | ||
Venture capital services are offered by Lightspeed China Partners in technology sectors focused on China. | lightspeedcp.com | |||
Lower and mid-market investments are managed through private equity strategies. | clearlake.com | Santa Monica, United States | ||
Professional networking, job recruitment, and career tools are provided. | 2003 | linkedin.com | Sunnyvale, United States |
Investor details for Cornerstone
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Cornerstone Ondemand Services India Private Limited (Cornerstone)
Cornerstone Ondemand Services India Private Limited is the primary company behind Cornerstone. The board of Cornerstone Ondemand Services India Private Limited currently have 2 directors; the longest-serving is Shanna Jane Helen Laughton, appointed in 2022. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Shanna Jane Helen Laughton DIN 07909734 | Director | 05 Feb 2022 | 4 yrs 9 mo | Cornerstone Ondemand Services India Private Limited |
| Nishchae Suri DIN 03387308 | Director | 15 Feb 2023 | 3 yrs 8 mo | Cornerstone Ondemand Services India Private Limited |
People of Cornerstone
574 people are tracked at Cornerstone (133 in leadership, 441 in team); the tracked headcount is 798.
| Name | Role | Group |
|---|---|---|
Phil Saunders | Ex-CEO | Leadership |
Eric Groesch | Associate Director Of Customer Success Ops & Insights | Leadership |
Himanshu Palsule | CEO | Leadership |
Abhay T. | Sales Director | Leadership |
Matthieu Durif | Senior Sales Director, International | Leadership |
Ilenia D. | Director Talent Management & Learning | Leadership |
James Tysz | Regional Vice President - Enterprise Accounts | Leadership |
Derek Lecot | Regional Vice President, Small & Medium Business Sales | Leadership |
Mini Peiris | Chief Marketing Officer | Leadership |
Kara Barkley | Associate Director, Customer Success | Leadership |
Srini Ogireddy | Chief Technology Officer | Leadership |
Nirmala Bareth | Senior Talent Acquisition Partner, APJ | Leadership |
Deepika Rayala | Chief Digital and Information Officer | Leadership |
Carina Cortez | Chief People Officer | Leadership |
Frederic P. | Director, Engineering | Leadership |
Carole Diane Kponou | Senior HR Operations Partner | Leadership |
Abby Koble | Vice President, Marketing Operations | Leadership |
Brian Schell | Manager, Partner Services | Leadership |
Niraj Patil | Director Of Engineering | Leadership |
Erika A. Torres | Senior Talent Acquisition Partner | Leadership |
554 more people are available in the full profile.
Complete people profiles for Cornerstone
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Cornerstone
Figures of Cornerstone Ondemand Services India Private Limited, the primary company behind Cornerstone, for FY 2024. Revenue was ₹234 Cr (+27% year on year). Net profit was ₹26.29 Cr (11% margin). EBITDA was ₹40.86 Cr (17% margin). Revenue has grown at a compounded annual rate of -85% over three years and +27% over five years.
- ₹234 CrRevenue · FY 2024 · +27% YoY
- ₹26.29 CrNet profit · 11% margin
- ₹40.86 CrEBITDA · 17% margin
- ₹1.2 LakhPaid-up capital
- 798Employees (provident fund records)
- -85%Revenue CAGR, 3 years
- +27%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Cornerstone Ondemand Services India Private Limited are on its company page.
Detailed financial statements for Cornerstone
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Cornerstone
Cornerstone has strategically engaged in corporate development activities, having acquired 11 companies. Notable acquisitions include Capital Currencies, Clustree and Cornerstone.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Currency exchange and international transfers are facilitated online. | pangeafx.co.uk | London, United Kingdom | 2017 | Sep 2022 | •••• | |
Provider of strategy consulting services | sumtotal.com | Weybridge, United Kingdom | 2004 | Aug 2022 | •••• | |
Integrated HR solutions are delivered for employee enablement. | sumtotalsystems.com | Gainesville, United States | 1984 | Jun 2022 | $200M | |
Cloud-based AI-powered learning platform is delivered to corporations. | edcast.com | Mountain View, United States | 2013 | Mar 2022 | •••• | |
Forex services are offered via registration and currency transfers. | capitalcurrencies.com | Royal Tunbridge Wells, United Kingdom | 2004 | Jan 2022 | •••• | |
Human capital management software and services are offered by Saba. | saba.com | Dublin, United States | 1997 | Feb 2020 | $1.4B | |
Skills are mapped and internal resources allocated using AI-driven SaaS. | clustree.com | Paris, France | 2014 | Jan 2020 | $18.5M | |
SaaS-based LMS for employee training via microlearning videos is provided. | grovo.com | New York, United States | 2010 | Nov 2018 | $24M | |
Marketplace for hourly jobs | workpop.com | Los Angeles, United States | 2014 | Sep 2018 | •••• | |
Cloud-based suite solutions for nonprofit organizations | sonar6.com | Auckland, New Zealand | 2004 | •••• |
Complete acquisition details for Cornerstone
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Cornerstone
15 dated milestones of Cornerstone across 25 years, from founding to its latest funding, stage changes and deals.
- Founded Cornerstone is founded.
- Funding First funding round of $32.0M.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $300.0M.
- Acquisition Acquires Workpop.
- Acquisition Acquires Grovo.
- Acquisition Acquires Clustree.
- Acquisition Acquires Cornerstone.
- Exit Acquired by Clearlake Capital Group.
- Acquisition Acquires Capital Currencies.
- Acquisition Acquires EdCast.
- Acquisition Acquires SumTotal Systems.
- Acquisition Acquires Sumtotal.
- Acquisition Acquires Pangea FX.
- Acquisition Acquires Cornerstone.
Competitors of Cornerstone
Cornerstone has 3 listed competitors in our database, 2 of them funded. They include Korn Ferry, ActivTrak and Sapience.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kornferry.com | 1969 | Los Angeles, United States | 8,678 | Talent acquisition and consulting services are provided globally. | ||
| activtrak.com | 2012 | Dallas, United States | $70M | 41 | Workforce analytics solutions are provided for employee monitoring and productivity. | |
| sapienceanalytics.com | 2009 | Plano, United States | $9.04M | 56 | Solutions for business productivity and information management are delivered. |
Detailed competitors of Cornerstone
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Cornerstone
The website of Cornerstone (cornerstoneondemand.com) receives about 175.8K visits a month and ranks #259,972 among all websites worldwide, #6,035 in Programming and Developer Software.
- Monthly visits175.8K
▲ 5.9% vs previous month
- Unique visitors75.4K
per month
- Global rank#259,972
among all websites
- Category rank#6,035
Computers Electronics and Technology · Programming and Developer Software
- Bounce rate47%
- Pages per visit2.1
- Average visit48 sec
- DevicesDesktop 48% · Mobile 52%
Websites whose visitors overlap most with Cornerstone. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| halogensoftware.com | 100% | View details | |||
| sumtotalsystems.com | 100% | 13.5K | #1,393,422 | View details | |
| successfactors.com | 99% | 20.6M | #2,762 | View details | |
| plateau.com | 99% | 3.7M | View details | ||
| softscape.com | 88% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Cornerstone
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
3 companies that operate in the same segment as Cornerstone (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | 1,695 | ||
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Cornerstone
Complete news archive for Cornerstone
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cornerstone
Cornerstone was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Cornerstone is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Phil Saunders is the CEO of Cornerstone, as recorded in our data.
Cornerstone is a funded company, having raised a total of $87.95M across 9 funding rounds to date. The company's 1st funding round was a Series D of $32M, raised on Sep 2007.
Cornerstone has 798 employees.
The primary company behind Cornerstone, Cornerstone Ondemand Services India Private Limited, reported revenue of ₹234 Cr for FY 2024, up 27% year on year.
Cornerstone is established as a leader in workforce agility platforms through its AI-driven solutions. The company offers tools like Cornerstone Galaxy, Learn, Elevate, and Transform to address skills development, compliance, employee growth, and workforce intelligence. Services are tailored for various industries including public sector, healthcare, financial services, and higher education. Solutions are designed to support learning aligned with performance, dynamic workforce planning, and leadership development. An open ecosystem ensures adaptability for future needs across diverse organizational contexts.
Cornerstone's top competitors include Korn Ferry, ActivTrak and Sapience.
Cornerstone offers Cornerstone Galaxy, Cornerstone Learn, Cornerstone Elevate, and Cornerstone Transform.
Cornerstone has made 11 acquisitions, including Capital Currencies, Clustree, and Cornerstone.
Cornerstone has 8 investors. Key investors include LinkedIn, Bessemer Venture Partners, Silver Lake, Meritech Capital, and Bay Partners.
Cornerstone operates through Cornerstone Ondemand Services India Private Limited.