Battery Ventures and Glassdoor recently released a list of '50 Highest Rated Private Cloud Companies to work for'. The list, accessible here, features companies which have received top review rating (4.5+) on Glassdoor from their employees. All these companies have a strong B2B focus and are disrupting the space they operate in through innovative products and solutions.
What's interesting is the median amount of funding received by these 50 companies is 96+ million, and the majority 60% of these companies are headquartered in California. Further, all these companies have been rated very high by the employees in terms of 'Positive Business Outlook' and 'Approve of CEO'.
We think this list is a great indicator that many of these companies are going to be exceedingly successful in coming years because employees are the best judge of a company's growth potential given that they know the company and its culture inside out.
Why we chose to talk about it is because as many as 5 companies which relate to contract management, document management, and supplier management, and broader procurement and sourcing technology domain have been features in this list. This represent 10 percent of the total number of companies featured on this list. Here, are is brief list of these companies:
1. Tradeshift - The upcoming procure-to-pay and spend analytics company which completed a USD 75 million Series D round has been featured on the list at 20th place with an overall rating of 4.5.
2. Docusign - Headquartered in San Francisco, Docusign while not necessarily a procurement and sourcing technology company, has had a significant positive impact on contract management and document management space and is the preferred e-signature integration partner for most CLM vendors. Sitting at 24th place on the '50 Highest Rated Private Cloud Companies to Work For' list, the company deserves a mention.
3. Work Market - The Freelance Management System and Workforce Solutions provider which positions itself as an integrated platform for managing the entire lifecycle of your freelancers and independent professionals, sits at 32nd position with an overall rating of 4.3. The freelance management and contingent workforce management software market has traditionally been dominated by players like Beeline, PeopleFluent, FieldGlass, etc. is sure evolve in some interesting ways in near future.
4. Coupa - Sitting right next to 'Work Market' at 33rd place, Coupa has been revolutionizing the procure-to-pay space for quite some time now. Having acquired Contractually - one of the noticeable contract management software providers, the company is already on the the way to further strengthening its product offering. There already are rumours in the market that Coupa is headed for an IPO in near future. If we have to pick one player from these five that is worth keeping an eye on for procurement and sourcing technology professionals, Coupa clearly stands out.
5. Icertis - Featured recently as a leader in Forrester's CLM wave, Icertis is now one of main players in the Contract Lifecycle Management space. Sitting at 45th position in this list, the company was in news earlier this year for closing a USD 15 million Series - B round.
We are pleasantly surprised to see 5 companies from our space to have been features on this list and look forward to more such refreshing news in the coming time.
What's interesting is the median amount of funding received by these 50 companies is 96+ million, and the majority 60% of these companies are headquartered in California. Further, all these companies have been rated very high by the employees in terms of 'Positive Business Outlook' and 'Approve of CEO'.
"50 Highest Rated Private Cloud Companies to Work for" |
Why we chose to talk about it is because as many as 5 companies which relate to contract management, document management, and supplier management, and broader procurement and sourcing technology domain have been features in this list. This represent 10 percent of the total number of companies featured on this list. Here, are is brief list of these companies:
1. Tradeshift - The upcoming procure-to-pay and spend analytics company which completed a USD 75 million Series D round has been featured on the list at 20th place with an overall rating of 4.5.
2. Docusign - Headquartered in San Francisco, Docusign while not necessarily a procurement and sourcing technology company, has had a significant positive impact on contract management and document management space and is the preferred e-signature integration partner for most CLM vendors. Sitting at 24th place on the '50 Highest Rated Private Cloud Companies to Work For' list, the company deserves a mention.
3. Work Market - The Freelance Management System and Workforce Solutions provider which positions itself as an integrated platform for managing the entire lifecycle of your freelancers and independent professionals, sits at 32nd position with an overall rating of 4.3. The freelance management and contingent workforce management software market has traditionally been dominated by players like Beeline, PeopleFluent, FieldGlass, etc. is sure evolve in some interesting ways in near future.
4. Coupa - Sitting right next to 'Work Market' at 33rd place, Coupa has been revolutionizing the procure-to-pay space for quite some time now. Having acquired Contractually - one of the noticeable contract management software providers, the company is already on the the way to further strengthening its product offering. There already are rumours in the market that Coupa is headed for an IPO in near future. If we have to pick one player from these five that is worth keeping an eye on for procurement and sourcing technology professionals, Coupa clearly stands out.
5. Icertis - Featured recently as a leader in Forrester's CLM wave, Icertis is now one of main players in the Contract Lifecycle Management space. Sitting at 45th position in this list, the company was in news earlier this year for closing a USD 15 million Series - B round.
We are pleasantly surprised to see 5 companies from our space to have been features on this list and look forward to more such refreshing news in the coming time.
Well Said, you have furnished the right information that will be useful to anyone at all time. Thanks for sharing your Ideas.
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