Bullhorn Ends 2014 with Impressive Revenue, Client, and Employee Growth Fueled By Product Innovation

Fast-Growing Leader in CRM Software Closes Year with Strong Revenue Growth, 100 New Hires, and Two New Finance Executives to Strengthen Executive Team

January 16, 2015—Across all metrics, 2014 was an impressive year for Bullhorn®, the fast-growing provider of cloud-based customer relationship management software for the staffing, recruiting, and services industries. The company’s important milestones in the past year include major growth in revenue, bookings, and headcount; exciting new products for the staffing and recruitment industries; and strong growth among new customers as well as its existing user base.

Additionally, the customer relationship management software technology leader welcomed two new financial executives to its team, as Paul Deeley joined the company as CFO, and Brian Sylvester as Vice President and Controller. Most recently, Deeley served as the Vice President of Finance for Constant Contact, and Sylvester, the Controller at PegaSystems.

“Bullhorn had an incredible year.  Customers love the latest release of our flagship CRM product, and our acquisition of The Code Works has been a huge success, helping drive stellar bookings growth for the year,” said Art Papas, founder and CEO of Bullhorn.  “We’ve also bolstered our strong executive team with key financial expertise.  We’re excited about the coming year as we deliver expanded capabilities to our customer base, and create products to address new, vital, and growing markets.”

Bullhorn closed the year with close to 50 percent year-over-year bookings growth, a company record. It also added nearly 1,200 new customers and 100 employees. Bullhorn customers completed more than 75 billion transactions through the core CRM platform, an average of roughly 200 million per day, with user experience metrics at record highs.

In 2015, Bullhorn will expand offerings for its existing staffing and recruiting customers, introduce new products into associated markets, and add more than 150 employees to its 400-person staff—particularly in its Boston headquarters and St. Louis office—which grew by nearly 33 percent in 2014. Bullhorn plans to make significant hires in development, support, and professional services as well as sales and marketing.

Fueling this growth were Bullhorn’s innovative new products, such as Bullhorn Sales CRM, which empowers recruiting agencies to manage the full lifecycle of their sales process—from pipeline to placement—to drive revenue growth and improve sales process efficiency.

Bullhorn also announced a series of partnerships with major technology companies, including Monster and LinkedIn, among others. In addition, Papas was named the New England Software Entrepreneur of the Year by Ernst and Young in June.

About Bullhorn

Bullhorn creates cloud-based customer relationship management (CRM) software solutions that help businesses grow faster and run more efficiently.  As the global market leader in staffing and recruiting software, our innovations power the operations of fast-growing start-ups up through the world’s largest staffing brands. Headquartered in Boston, with offices in St. Louis, Richmond, Vancouver, London, and Sydney, Bullhorn provides a full suite of cloud-based software products including customer relationship management (CRM), applicant tracking system (ATS), on boarding, time and expense and VMS integration. The company has more than 10,000 clients representing nearly 350,000 users across 150 countries.

Contact:

Vinda Souza
Senior Marketing Manager
617.951.4319
vsouza@bullhorn.com

 

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