Aasonn
Delivering cloud based #HCM across @SAP @SuccessFactors
About Aasonn
Founded in 2006 by Allen Peterson, Aasonn LLC established itself as a specialized global consultancy focused on human resources and systems implementation. The company's headquarters were located in Naperville, Illinois. Aasonn's business was centered on providing human resources consulting, systems implementation, and outsourced services, with a strong emphasis on cloud-based solutions. The firm was recognized as an experienced implementation partner for SuccessFactors, an SAP company, completing thousands of cloud-based HR projects across numerous countries.
The company's service portfolio was designed for enterprises utilizing SAP HR solutions, offering HR strategy, technology implementation, and outsourcing. Aasonn catered to a wide array of clients, including large enterprises and Fortune 500 companies. The core of its business model was the implementation and deployment of cloud-based human capital management (HCM) and benefits services, enabling clients to standardize HR processes. This was delivered through a business-process-as-a-service (BPaaS) model, which provided outsourced HR services via cloud technology. Aasonn's expertise also extended to building extensions and integrations for SAP SuccessFactors solutions.
A significant milestone in the company's trajectory occurred in May 2014, when it secured a $20 million investment from LLR Partners. This was followed by the acquisition of Enterprise Automatics (EA Labs) in April 2017, a move that expanded Aasonn's platform capabilities and established its presence in India. In a key strategic development, Aasonn was acquired by Rizing, LLC in June 2018. Following the acquisition, Aasonn became part of Rizing's human capital management practice and began operating as 'Aasonn, a Rizing Company'. This merger was part of Rizing's broader strategy to expand its global service offerings for SAP solutions.
Source: Dealroom company dataAt a glance
- Founded
- 2006
- Headquarters
- Naperville, United States
- Sector
- Hosting
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series B and later1 investor entered at this stage
LLR Partners
Source: Dealroom Talent Intelligence.
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