ZoomInfo Acquires Comparable Company to Provide Powerful New Talent Management Solution | News
VANCOUVER, Wash.–(BUSINESS WIRE)–May 2, 2022–
ZoomInfo (NASDAQ: ZI), a global leader in modern go-to-market software, data and intelligence, today announced the acquisition of Comparably, a leading recruitment and employer branding marketing platform. plan, to enable companies to proactively attract and engage top talent. . The combination of Comparably and TalentOS from ZoomInfo (formerly RecruitingOS) provides one of the most powerful talent management solutions on the market.
A popular destination for employee ratings and salary data, attracts millions of job seekers every month looking for a trusted source of information about company cultures and employee insights. The comprehensive platform offers employers one-of-a-kind SaaS (Software as a Service) solutions to amplify and enhance their employer brand and recruitment marketing with personalized content, search engine optimization and global media recognition thanks to Comparably. Best Workplaces Awards series, which reaches hundreds of millions of people every year.
“The seismic change in work accelerated by the COVID-19 pandemic has fueled the great resignation. Hiring top talent has never been harder,” said ZoomInfo Founder and CEO Henry Schuck. “ZoomInfo is committed to helping companies recruit talent more effectively. Comparably is a single platform that employees and companies trust as the source of truth about company cultures, and it provides vital solutions to amplify a company’s employer brand. By combining Comparably with TalentOS, ZoomInfo will evolve the way candidates are sourced and hired and help companies convert more of their talent pool.
“Job seekers are better educated and more discerning than ever, and companies are making unprecedented efforts to recruit candidates of all backgrounds and skills,” said Jason Nazar, co-founder and CEO of Comparably. “Comparably distinguished our brand as a unique data asset reflecting fair and accurate corporate cultures and the most popular SaaS platform for employer branding and recruitment marketing solutions. The partnership with ZoomInfo is a incredible opportunity to continue to support millions of employees and thousands of businesses and help revolutionize the way modern recruitment challenges are solved.
With over 11 million job openings across the United States, hiring top talent in today’s highly competitive job market remains a challenge. Direct sourcing has overtaken traditional job boards as one of the most effective hiring strategies, and top candidates now expect an understanding of employee benefits and experiences before applying for a job. Comparably’s suite of innovative employer solutions helps companies manage their employer brand and promote their company culture across multiple platforms, including career sites, social media, search engines and job boards. employment, while simultaneously educating job seekers as they assess companies for a potential fit.
The acquisition of Comparably adds another key source of business, employee and customer data to ZoomInfo’s wealth of world-class data and intelligence. ZoomInfo plans to use Comparably’s unique proprietary data to make TalentOS a premier talent platform by enriching recruiter search options and giving recruiters access to millions of quality candidates and branded solutions. employer. With Comparably, TalentOS gives companies the ability to engage and hire candidates with much more sophistication and influence.
ZoomInfo has evolved RecruitingOS to TalentOS to better reflect the breadth and dynamic nature of its solutions for HR, recruiting and talent management professionals. Since its release in June 2021, TalentOS has been implemented in more than 1,000 companies, while ZoomInfo has seen TalentOS revenues increase in Q1 2022 by more than 50% compared to Q4 2021. With more than 20 million global visitors in 2021, comparably serves a large portion of the Fortune 500 as customers.
Read more about the Comparably acquisition on ZoomInfo’s blog, The Pipeline.
Financial terms were not disclosed. The acquisition should not have a significant impact on ZoomInfo’s 2022 financial results.
About Zoom Info
ZoomInfo (NASDAQ: ZI) is a leader in modern go-to-market software, data and intelligence for more than 25,000 businesses worldwide. ZoomInfo’s revenue operating system, RevOS, enables B2B sales, marketing, operations, and recruiting professionals to hit their numbers by combining best-in-class technology with data coverage, accuracy, and unparalleled depth of company and contact information. With built-in integrations across workflows and technology stacks, including leading CRM, sales engagement, marketing automation, and talent management applications, ZoomInfo drives more predictable, accelerated, and sustainable growth for his clients. ZoomInfo emphasizes GDPR and CCPA compliance. In addition to creating the industry’s first proactive notification program, the company is a registered data broker with the states of California and Vermont. Learn about ZoomInfo’s commitment to compliance, privacy and security. For more information on ZoomInfo’s leading software, data, and go-to-market information, and how it helps sales, marketing, operations, and recruiting professionals, please visit www.zoominfo.com .
Comparably is a leading employee assessment website and the only platform showcasing data on workplace culture, salaries, and company brand reputation. More than three million people a month rely on Comparably’s comprehensive data on businesses of all sizes – based on gender, ethnicity, age, experience, title, industry,… location and education – in nearly 20 different workplace categories. With over 15 million ratings and reviews across 60,000 global companies, Comparably is a trusted platform for workplace culture studies, customer insights, and compensation data. Thousands of organizations also use the popular SaaS platform’s suite of employer branding and recruitment marketing solutions. For more information on Comparably and its annual report Best Workplaces and Top Brands series, visit www.comparably.com.
This press release contains “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical facts. In some cases, you can identify these forward-looking statements by using words such as “anticipate”, “believe”, “may”, “go”, “may”, “estimate”, “expect”, “expect, “goal”, “intent”, “may”, “could”, “objective”, “outlook”, “plan”, “potential”, “predict”, “projection”, “seek”, “should”, “target ‘, ‘trend’, ‘will’, ‘would’ or the negative version of these words or other comparable words. These forward-looking statements include, but are not limited to, any statements regarding ZoomInfo’s growth plans and expansion of its total addressable market. These forward-looking statements are subject to various risks, uncertainties, assumptions or changes in circumstances that are difficult to predict or quantify. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements. These factors include, but are not limited to, those described under “Risk Factors” in ZoomInfo’s most recent Annual Report on Form 10-K or subsequent filings with the Securities and Exchange Commission (“SEC”). These factors may be updated from time to time in ZoomInfo’s periodic filings with the SEC, which are available on the SEC’s website at www.sec.gov. These factors should not be construed as exhaustive and should be read in conjunction with the other caveats that include these filings. ZoomInfo undertakes no obligation to update or publicly review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by law.
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PUBLISHED: 02/05/2022 16:30/DISC: 02/05/2022 16:32