About SumTotal Systems
SumTotal Systems is a company based in Gainesville (United States) founded in 1984 was acquired by Cornerstone in June 2022. The company has 309 employees as of March 22, 2024. SumTotal Systems has completed 5 acquisitions, including Accero, Cyber Shift and GeoLearning. SumTotal Systems operates in a competitive market with competitors including Gusto, Paycor, Paychex, TriNet and Rippling, among others.
- Headquarter Gainesville, United States
- Employees 309 as on 22 Mar, 2024
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Sumtotal Systems India Private Limited
- Date of Incorporation 10 Oct, 2002
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$21.54 M (USD)-7.38as on Mar 31, 2023
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Net Profit
$4.04 M (USD)71.89as on Mar 31, 2023
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EBITDA
$4.21 M (USD)14.57as on Mar 31, 2023
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Latest Funding Round
Not available
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Investors
Cornerstone
& 2 more
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Employee Count
309
as on Mar 22, 2024
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Investments & Acquisitions
Accero
& 4 more
- Acquired by
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People of SumTotal Systems
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Software Development Team
134 people
Senior Team
85 people
Sales and Marketing
81 people
Leadership Team
48 people
Customer Team
41 people
Operations Team
22 people
Principal Team
21 people
Human Resources and Administration
21 people
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Funding Insights of SumTotal Systems
Detailed funding history for SumTotal Systems
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Investors in SumTotal Systems
SumTotal Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Cornerstone, Skillsoft and Vista Equity Partners.
| Investor | Description | Founded Year | Domain | Location |
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Investments are directed toward high-growth enterprise software and technology companies.
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Cloud-based HRMS platform powered by AI for workforce management.
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E-learning platforms are provided for professional skills and compliance training.
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Investor details for SumTotal Systems
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Investments & Acquisitions by SumTotal Systems
SumTotal Systems has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include Accero, Cyber Shift and GeoLearning.
Investment portfolio details for SumTotal Systems
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- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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HR and payroll management solutions are offered by Accero.
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Provider of Learning management systems
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IT support, consulting, cloud services, and disaster recovery are offered.
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Locked | Locked | 1996 | Locked |
Complete acquisition details for SumTotal Systems
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Financial Statements - SumTotal Systems
Detailed financials for SumTotal Systems
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Sumtotal Systems Comparisons
Peer comparison for SumTotal Systems
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Competitors of SumTotal Systems
SumTotal Systems 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 Gusto, Paycor, Paychex, TriNet and Rippling, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HR and payroll solutions are offered for small businesses.
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Cloud-based HRMS platform is provided for small and medium-sized businesses.
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Cloud-based HRMS solutions are delivered for payroll and employee management.
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Cloud-based HRMS platform is offered for small and medium businesses.
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Cloud-based HR management suite is provided for employee operations.
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Cloud-based HR management solutions are offered for payroll and compliance.
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Detailed competitors of SumTotal Systems
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Latest news on Sumtotal Systems
Complete news archive for SumTotal Systems
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Frequently Asked Questions about SumTotal Systems
SumTotal Systems was founded in 1984.
SumTotal Systems is headquartered in Gainesville, United States.
As of Mar 22, 2024, the latest employee count at SumTotal Systems is 309.
Annual revenue of SumTotal Systems is $21.54M as on Mar 31, 2023.
SumTotal Systems was founded in 1984 and is headquartered in Gainesville, United States. Integrated human capital management solutions are offered by the company, focusing on employee enablement through on-premise and cloud-based applications. Talent expansion tools are utilized by more than 3,500 organizations worldwide, including AstraZeneca, Amway, and Seagate, with several recognized among Fortunes Best Places to Work. Operations span the HR technology sector, supporting various industries.
SumTotal Systems has made 5 acquisitions, including Accero, Cyber Shift, and GeoLearning.
SumTotal Systems has 3 investors. Key investors include Cornerstone, Skillsoft, and Vista Equity Partners.