Growing Market Presence Modern Hire is trusted by over 700 leading global enterprises and nearly half of the Fortune 100, indicating significant brand recognition and a large potential customer base among large organizations seeking advanced hiring solutions.
Recent Acquisition Opportunities Having been acquired by HireVue in May 2023, Modern Hire presents an opportunity for cross-selling complementary assessment and interview products within the combined customer portfolio, expanding potential revenue streams.
Data-Driven Innovation The company's focus on AI, analytics, and bias mitigation, exemplified by product launches like self-service reporting and Talent Analytics Maturity Model, suggests a strong appeal to organizations seeking to modernize and optimize their talent acquisition processes.
Expanding Service Offerings Recent product launches—including Virtual Job Tryouts and specialized assessments—highlight opportunities to target niche markets such as drivers or technical roles, providing tailored solutions that can drive additional sales.
Growth Potential in Enterprise Software With a revenue range of 10 to 25 million and a workforce of up to 500 employees, Modern Hire is positioned for expansion within the enterprise HR tech market, making it a promising prospect for targeted outreach to HR departments and decision-makers in large organizations.