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QuIRC Inc.

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Year established

2002

Location

Ottawa ON Canada

Primary Industry

Software

About

Based in Ontario, Canada, and founded in 2002 by its CEO John Pensom, COO Steve Johnson, and VP Lynne Russell, QuIRC Inc. doing business as PeopleInsight, operates as a provider of workforce analytics platform and offers end-to-end reporting and analysis. In August 2022, HireRoad, a provider of cloud-native end-to-end talent management and insight software and a portfolio company of Strattam Capital, acquired QuIRC Inc. QuIRC Inc. offers workforce analytics solutions with board and management reporting, diversity, equity, inclusion analytics, headcount, hires, turnover, and compensation features designed for companies between 1000 to 5000 employees. The company ingests, normalizes, and correlates data from an HR system, for customers to analyze data across all their HR systems by unifying data across numerous systems, users are able to uncover previously hidden insights that their companies can use to make informed decisions. The company generates revenue through its software subscription which are standard, diversity, equity and inclusion, deluxe, and talent acquisition packages.
Current Investors
Strattam Capital, HireRoad

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Primary Industry
Software
Sub Industries
Human Resources Services, Systems Management Software, Monitoring & Security Software, HR & Workforce Software, Application Integration Software, Analytics & Performance Software
Website
www.peopleinsight.com
Verticals
Cloud Computing
Company Stage
Add-on
Total Amount Raised
Subscriber access only

Deals

Deals Type
Add-on
Deal Status Target (s) Deal Date Investor(s) Seller(s) Deal size (Mn) Enterprise value (Mn) Post-money valuation (Mn) EBITDA multiple (x) Revenue multiple (x) Lead partner (s)
Completed QuIRC Inc. 22 Aug 2022
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