
Rec Tech: the Recruiting Technology Podcast
873 episodes — Page 10 of 18
Seasoned, Bullhorn and DHI Group
Seasoned announced that it has raised $18.7 million in Series A financing to help expand its hiring platform and restaurant worker network to new markets. The financing comes on the back of a $12 million seed round raised in June 2021, bringing its total raised to more than $30 million this year. In July 2020, Seasoned relaunched with a next-generation, mobile, app-based recruitment and hiring tool for restaurants that complements its employee networking platform. On the back of releasing this next generation hiring product in Dallas, Seasoned has partnered with more than 300 national and local restaurant brands that own and operate more than 100,000 locations across the country, and has added Houston, Austin, Orlando, and Miami to its platform. The proceeds from the financing will be used to support Seasoned’s expansion into new markets and continued enhancements to its products. Learn more at seasoned.co https://hrtechfeed.com/restaurant-hiring-platform-raises-nearly-19-million-in-funding/ Bullhorn®, the cloud computing company that helps staffing and recruiting organizations transform their businesses, today announced that it has acquired cube19, a longstanding Bullhorn Marketplace partner and the provider of analytics and reporting solutions for the Bullhorn platform. cube19’s suite of solutions are designed to provide dynamic, activity-level metrics to manage at any level of the organization: recruiter, team, office or region. cube19’s interface makes reporting easy to generate for non-technical users, which results in better performance on the front lines while also providing macro-level insight that helps leaders make better business decisions. Ultimately, by enabling staffing companies to grow their revenue quickly while growing their costs more slowly, cube19 facilitates highly scalable growth. https://hrtechfeed.com/bullhorn-acquires-analytics-platform/ DHI Group, Inc. (NYSE: DHX) announced financial results for the third quarter ended September 30, 2021. The stock is up about 10% on the news. During the second quarter 2021, the Company completed the spinoff of its eFinancialCareers (“eFC”) business to the eFC management team. The results of the eFC business are reported as discontinued operations for all periods presented in this release. Third Quarter 2021 Financial Highlights Total revenue was $30.8 million, up 7% sequentially and 13% year over year. Total bookings1 were $30.8 million, up 40% year over year. Loss from continuing operations was $2.4 million, or $0.05 per diluted share, compared to a loss of $27.0 million, or $0.56 per diluted share in the year ago quarter. Cash flow from operations was $6.3 million, compared to $4.4 million in the year-ago quarter. https://hrtechfeed.com/dhi-group-earnings-up-13/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Pillar CEO Mark Simpson
There’s a new HR tech player in town and its name is Pillar.hr….Pillar is all about the interview process and interviewer coaching which they say is key to providing better candidate experiences & increasing acceptance rates. Joining me on this episode is their CEO and Founder Mark Simpson. Pillar is offering a limited number of free trials to Rec Tech listeners. If your organization is interested, schedule a demo at pillar.hr/rectech. Learn more about your ad choices. Visit megaphone.fm/adchoices
Fiverr, Fountain and Funding
Lever, a leading Talent Acquisition Suite, has completed a $50 millionSeries D funding round with the Apax Digital Fund. The funding comes as the market for talent acquisition is continuing to heat up, and companies face the most competitive market for hiring and retaining talent to date. The investment in Lever will accelerate solution development in talent analytics, top-of-funnel talent discovery, and diversity, equity, and inclusion (DEI) as well as support growth in new markets, and continued product innovation. https://hrtechfeed.com/lever-raises-50-million/ Fountain, the world’s leading all-in-one applicant tracking system for high volume hiring, today announced $85 million in Series C financing, led by SoftBank Vision Fund 2* with participation from B Capital Group and Mirae Asset Venture Investment, and existing investors DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital and Uncork Capital. This new round follows strong company momentum in 2021 as revenue grew 220% year-over-year. Fountain now has more than 250 customers including Chipotle Mexican Grill, John Lewis & Partners and Just Eat Takeaway. With the Series C, Fountain has now raised $119 million to date. Fountain will use the new funding to continue to invest in innovation of its hiring platform, as well as to grow its sales and engineering teams and its operations and presence in EMEA and APAC regions. https://hrtechfeed.com/fountain-raises-85-million-to-help-companies-hire-hourly-workers/ Contra, a professional community that empowers anyone to work independently, today announced the launch of commission-free payments and $30M in Series B funding to help Contra on its journey to revolutionizing the way independents work.The funds will be used for internal hiring and further product innovation as Contra scales to meet the needs of the millions of independent workers that value the freedom, autonomy and financial benefits of the freelance lifestyle. Contra has combined every aspect of the independent journey into one platform and gives independents all the tools they need to build their professional identities and work the way they want. https://hrtechfeed.com/independent-worker-community-lands-30-million-in-funding/ Fiverr announced the acquisition of Stoke Talent, an intuitive all-in-one solution to help companies manage their work with freelance talent, for $95 million. This includes tools to onboard, pay, track budgets and more. With Stoke’s product suite, Fiverr is looking to add more value to larger businesses and integrate with existing corporate workflows. https://hrtechfeed.com/fiverr-acquires-stoke-talent-freelance-management-platform/ When I Work, a leading SaaS employee scheduling, time-tracking and team messaging platform, today announced it has secured a $200 million growth investment. Founded in Minneapolis and now operating as a remote-first company, When I Work is a leading provider of shift-based workforce management software that delivers a powerful, employee-first experience to streamline scheduling, enhance internal communication and more efficiently track time. Since its founding in 2010, more than 10 million hourly employees have used the frictionless platform to easily view and swap shifts, clock in, view hours worked, request time off and seamlessly communicate with their managers and co-workers. https://hrtechfeed.com/hourly-worker-scheduling-app-raises-200-million/ Learn more about your ad choices. Visit megaphone.fm/adchoices
HR Tech Pitchfest Finals
Onwards HR an employee termination platform for HR won this years pitchiest. Here is the audio from the final round of 6 startups. Learn more about your ad choices. Visit megaphone.fm/adchoices
News from Stride, Hackerank, Upwork, Goodtime, Ladder
TWIRT this week in rec tech Stride Health, the leader in portable benefits for independent workers, announced that it has raised a $47 million Series C, bringing its total funding to $96M. The round was led by King River Capital with participation from Mastercard and Allstate along with existing investors Venrock, NEA, Fidelity’s F-Prime Capital, and Moderne Ventures. https://hrtechfeed.com/stride-raises-47m-to-provide-affordable-benefits-for-independent-workers/ Upwork has announced Virtual Talent Bench, a series of features that makes relationship building central to the customer experience on Upwork by empowering clients to discover, organize, revisit and hire the independent talent they trust, collaborated with to drive successful outcomes or want to work with in the future. Virtual Talent Bench features enable clients to establish a network of top independent professionals they can work with time and time again on their most critical projects or to complement skill sets on their full-time teams. https://hrtechfeed.com/upwork-introduces-virtual-talent-bench/ GoodTime, the leading AI-based hiring experience solution, with clients such as Box, Shopify, and Zoom, has added enhanced interviewer training functionality to its features set to remove bottlenecks, reduce time-to-hire, and ensure a great candidate experience, no matter who conducts the interview. https://hrtechfeed.com/goodtime-adds-enhanced-interviewer-training-functionality/ HackerRank, the developer skills company, today announced a record-breaking quarter fueled by increasing demand to recruit and hire tech talent virtually. The company reported its highest-ever level of new and expansion bookings — seeing a 100% increase in expansion revenue alone over the past year — as companies accelerate their remote hiring efforts due to broader shifts in the labor market. https://hrtechfeed.com/hackertanks-says-remote-tech-hiring-still-surging/ Ladder, the next-gen professional community platform, announced the launch of its new mobile app and raise of $3.7 million in funding from Forerunner Ventures, On Ladder, members can join professional communities, consume high-quality career content, engage in fun discussions, land their dream job, and form meaningful relationships with peers and mentors. The platform aims to become the go-to professional social network for Gen Z. Ladder was founded in 2020, during the height of COVID-19, when millions of college students across the country were sent home with no job lined up, no idea what remote work meant, and no sense of community. https://hrtechfeed.com/professional-community-platform-ladder-announces-3-7-million-in-funding/ Learn more about your ad choices. Visit megaphone.fm/adchoices
HR Tech Adoption
Special episode today ...we have 2 guests for you Gina Alioto is the VP of Brand and Experience with Symphony Talent and Sherri Ratliff is a director of TA at T-mobile...both are here to walk us through their recent presentation from the HR technology conference…around the topic of HR technology adoption. Learn more about your ad choices. Visit megaphone.fm/adchoices
Deel Says Lets Make a Deal
interviewIA — an interview platform that empowers interviewers to quickly build and deliver more effective interviews and more efficient hiring decisions — has launched its new free and paid team subscription model to put better interviewing in everyone’s hands. https://hrtechfeed.com/interviewia-launches-freemium-interview-software/ Hunt Club, a tech-enabled talent and recruitment company placing leadership roles across the fastest growing companies in the tech sector, has raised a $10M Series A from Teamworthy Ventures to further the development of their Talent Expert Network, candidate referral technology, and their growing high-performance recruiting team. In a few short years, Hunt Club’s Talent Expert Network has grown to over 12,000 experts, connecting 6 Million quality candidates through people and technology. With Hunt Club, a search for talent is focused on quality – not quantity. https://hrtechfeed.com/hunt-club-raises-10m-to-help-high-growth-companies-hire-faster-with-candidate-referrals/ Deel, the remote hiring company shattering job barriers worldwide, announced today that it has raised $425 million in Series D funding, taking the total amount raised by the company to over $630 million. The latest funding round values the company at $5.5 billion. Deel has become the highest valued company in the global hiring, payments, and compliance space with this investment. https://hrtechfeed.com/deel-strikes-gold-with-425-million-funding-round/ interviewing.io, the technical interview practice platform that is reinventing how software engineers get hired, today announced it has raised a $10 million series A led by M13. On the interviewing.io platform, software engineers can book mock interviews with the interviewing.io roster of hiring managers from companies such as (Facebook, Apple, Amazon, Netflix, Google interviewing.io’s says their approach saves companies 220 hours of valuable recruiter and hiring manager time per hire and gets them what they need: a steady stream of strong, senior engineers who are looking for a new role. Forty percent of the hires made through the interviewing.io platform come from non-traditional backgrounds (lesser-known schools or past employers, no degree, etc.). https://hrtechfeed.com/interviewing-io-raises-10-million-series-a/ Wonolo, the leading online platform disrupting the temporary staffing industry, today announced the raise of a $138 million growth round, led by Leeds Illuminate with strong participation from 137 Ventures and G2 Venture Partners. Franklin Templeton also came in on the round. This latest round brings Wonolo’s total venture funding to over $200 million. The funds will be used to accelerate the company’s continued growth and mobile-first tech innovations. The company will also continue to expand in markets across the United States – and deepen its market share in top markets including: Newark, Dallas, Atlanta, New York City, Chicago, Phoenix, Nashville, Tampa, San Antonio, Miami, Columbus, Austin, Houston, Raleigh, Indianapolis, Denver, Seattle, Salt Lake City, and Philadelphia. https://hrtechfeed.com/temp-staffing-platform-wonolo-secures-138-million Learn more about your ad choices. Visit megaphone.fm/adchoices
HR Tech Interviews: Clovers, TalentCare, Talenya
In this audio you'll hear from Doug Leonard of Clovers.ai, Eric Smith from TalentCare and Gal Amog from Talenya. Learn more about your ad choices. Visit megaphone.fm/adchoices
HiBob says hello to millions
Pillar, an interview intelligence platform, is announcing its launch today. The platform leverages AI and in-interview coaching to provide companies with a more reliable way to assess a candidate’s fit for a role during the interview process With the launch, Pillar adopts and expands upon the initial vision and product built by Luma, an AI-based interview tool that launched out of High Alpha earlier this year. https://hrtechfeed.com/pillar-launches-interview-intelligence-platform-to-help-companies-grow-better-with-every-hire/ Hirect, an AI-driven mobile hiring app that recently launched a $1 millionStartup Program to help fellow startups earn exposure and fill high priority positions with motivated, qualified candidates – for free. Chosen startups receive free marketing on various social channels with the goal of reaching a million impressions across platforms. Selected CEOs and founders are invited to participate in virtual hiring events hosted by Hirect and its partners. The Program is open to startups nationwide, with 10 participating in the campaign to date and more in the pipeline. https://hrtechfeed.com/next-generation-hiring-app-pledges-1-million-in-support-of-fellow-startups/ Hibob – the company behind ‘bob’, the HR platform that is changing the work experience for fast-growing, mid-sized businesses and their employees – today announced $150 million in Series C funding. https://hrtechfeed.com/hibob-secures-150m-series-c/ SparkPlug is an employee rewards and campaign management platform built specifically to increase revenues, retention rates, and marketing ROI for brick-and-mortar restaurants, retailers and the consumer goods companies they work with has announced they have received 2.5 million in new funding.... Companies that use SparkPlug can incentivize frontline workers and in-store sales staff to influence purchasing outcomes by launching sales-based commission and reward campaigns. https://hrtechfeed.com/sparkplug-gets-3-5m-to-improve-life-for-frontline-workers/ Eightfold’s Talent Intelligence Platform now features: A consumer-grade user experience which increases internal development, paired with intelligent onboarding. The result is a highly personalized experience that benefits the organization and employee alike. Real-time deep analytics on skills that allows the organization to view detailed insights on the skill strengths and gaps across all employees and hiring prospects. Customizable dashboards that facilitate a deeper and more relevant understanding of the organization. An easily navigated Career Hub that matches employees to internal roles, projects, mentors, and learning courses aligned with their desired career path. Automated and tailored career pathing, which predicts future role fits based on inferred and adjacent skills, and surfaces best-fit growth opportunities to employees, including lateral and non-traditional career moves. https://hrtechfeed.com/the-ai-powered-employee-experience-arrives-as-eightfold-ai-rolls-out-self-service-capabilities-and-new-reporting-dashboards/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Recapping HR Tech Conference
Here's a quick recap of my trip to the HR Technology Conference in Las Vegas. You'll also hear a chunk of what Josh Bersin had to say on the state of HR tech. Learn more about your ad choices. Visit megaphone.fm/adchoices
BrightHire, The Mom Project Get Big Funding
Smart interview platform BrightHire has secured a $20.5M Series B to further accelerate the growth of their more equitable, faster approach to hiring. The Series B funding is led by 01A with participation from Index Ventures and Zoom Apps Fund and follows a recent $12.5M Series A led by Index Ventures a few months prior, in May 2021. It’s also supported by Ground Up Ventures, Haystack, and J Ventures. https://hrtechfeed.com/brighthire-secures-20-5m-series-b-to-transform-the-interview-process/ HireQuest, a national franchisor of on-demand, temporary, and commercial staffing services, today announced that it has acquired Recruit Media, Inc., an HR tech start-up with a next-gen SaaS recruitment platform. HireQuest will integrate the Recruit Media platform with its existing technology suite used by its franchisees to run their day-to-day business. Recruit Media’s technology will streamline workforce communications and allow franchisees to better serve their customers. In addition, the public facing web domain, www.Recruit.com, along with its respective iOS and Android apps, gives HireQuest a fully functional online job ad and recruitment platform that could become an additional business line, or stand-alone company, in the future. https://hrtechfeed.com/hirequest-acquires-recruit-com/ Recruiting operations platform ModernLoop lands $3.3M to create better technical hiring experiences Recruiters have traditionally kept track of the hiring process manually with spreadsheets, but ModernLoop automates many of the repetitive tasks while also scheduling and balancing the interviewing workload so that not only are the right people involved, but also a diverse mix of interviewers. ModernLoop was part of the Y Combinator Winter 2021 cohort https://hrtechfeed.com/recruiting-operations-platform-modernloop-lands-3-3m-to-create-better-technical-hiring-experiences/ Culture Amp, the world’s leading employee experience platform, announced today that it has acquired cultural values recognition company, Disco. Disco helps companies recognize and celebrate values-driven work, foster team appreciation and improve company culture across distributed teams. Together the two companies will accelerate their shared vision of creating a better world of work by helping people feel more connected, valued, and engaged at a critical time for organizations. https://hrtechfeed.com/culture-amp-acquires-remote-culture-platform-disco/ Finally the wall street journal broke the news that The Mom Project Inc., a recruitment platform focused on mothers, raised $80 million in new capital at what may be a pivotal moment for working women and the companies that want to hire them. The Mom Project has more than 500,000 job seekers on its platform, most of whom are college-educated. https://hrtechfeed.com/the-mom-project-raises-80-million/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Employer decides to ditch the resume!
TEAM LEWIS, the global marketing agency, today announced that it is retiring the resume. The initiative is one of many aimed at opening doors to career changers and non-degree holders. It will offer job seekers the opportunity to choose a career based on what they want to be and how they want to change the world. "In a world that is relentlessly digital, video-first and unbound from convention, we have to recognize that the unique combination of talent and aspiration we're looking for can and does come from anywhere and everywhere," says Hillary Werronen, SVP US Operations of TEAM LEWIS. "We're looking for passion, curiosity and the desire to push boundaries and rail against the status quo. Our TEAM can teach the skills to some of the best and brightest minds in the industry. Together, we'll build the future of marketing." TEAM LEWIS, the global marketing agency, today announced that it is retiring the resume. Tweet this Seasoned and aspiring marketers alike will be able to visit teamlewis.com/ER and in one word describe who they want to be. Learn more about your ad choices. Visit megaphone.fm/adchoices
You're Invited! Diversity Hiring Tech Expo
Come to the the Diversity Tech Expo on October 7th at 2pm ET. https://www.crowdcast.io/e/diversity-tech-expo-2021 or use diversitytechexpo.com as the shortcut. A replay will be available. Learn more about your ad choices. Visit megaphone.fm/adchoices
Code Smoke Signals and Nomad Health Funding
CodeSignal, a technical assessment platform dedicated to helping companies, including Facebook, Roblox, Zoom, Robinhood, and others, make data-driven hiring decisions in tech recruiting, announced $50M in Series C funding and the launch of CodeSignal’s new advanced Integrated Development Environment (IDE) that unlocks highly relevant assessment experiences. This round, which brings CodeSignal’s total funding to $87.5M, With Codesignal’s newly launched advanced IDE, candidates will now be able to interact with code, files, a terminal, and a preview of their application in a persistent, fully configurable environment. This means candidates will have a similar experience to coding on a local machine, and the assessment provides a more powerful and familiar environment for them to solve tasks just as they would actually do on the job, showcasing their full range of skills. https://hrtechfeed.com/codesignal-announces-new-advanced-assessment-capabilities-fueled-by-a-50m-series-c-funding/ Talenya, the provider of the world’s most advanced, AI-powered talent sourcing and diversity solutions, today announced the release of Engagement AI™: a first-of-its-kind, fully automated talent sourcing solution. As recruiters and HR teams struggle to find talent in an increasingly competitive market, Engagement AI™ saves hours of work by automatically sourcing and contacting potential candidates, allowing more time for interviews and connection. Talenya’s data scientists spent four years developing the GDPR-compliant technology to enable talent acquisition teams to fully automate talent sourcing, with a focus on diverse talent. https://hrtechfeed.com/talenya-launches-automated-talent-sourcing-tool/ WurkNow.com, a fully-integrated, digital staffing and workforce management platform for hourly work, today announced the closing of a $10 million Series A funding round, led by Newport Beach, CA-based Newport Hayseed Group. This funding will be used to further optimize WurkNow’s user base and product offering, including investments in new product development, staff growth and scaling the company’s brand and market presence. WurkNow’s capital raise comes after a year of immense growth, brought on by the digital acceleration the COVID-19 pandemic has brought to many businesses. Demand for WurkNow’s fully-integrated staffing and workforce management platform has surged within its client base of staffing and recruiting firms and employers that manage large, hourly workforces. Currently there are over 125,000 active employees using the platform; a year-over-year increase of 400%. https://hrtechfeed.com/wurknow-gets-10-million-series-a/ Clovers (www.clovers.ai), a human resources technology firm leveraging conversational intelligence to improve interviewing and hiring practices, today announced it has raised $15 million in seed funding. The company was co-founded in December 2020 by HR tech pioneers Adam Miller, Founder & former CEO of Cornerstone OnDemand, and Jason Nazar, Co-Founder & CEO of Comparably, along with Doug Leonard and Cihan Ucar. Clovers is jointly headquartered in Los Angeles and Nashville. https://hrtechfeed.com/clovers-raises-15-million-to-revolutionize-interviewing-for-the-modern-workforce/ Nomad Health, the leading digital marketplace for temporary healthcare jobs, today announced the completion of $63 million in new equity and debt financing. Adams Street Partners led, and all existing investors participated, including Icon Ventures, Polaris Partners, RRE Ventures, .406 Ventures, First Round Capital, and Silicon Valley Bank. With this financing, the business has raised over $100 million since the company’s inception in 2015. The funding will be used to support Nomad Health’s explosive growth, allowing the company to double down on efforts to hire, invest in the technology platform, and grow its national footprint. https://hrtechfeed.com/nomad-health-raises-63-million-to-address-healthcare-staffing-shortages/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Kathleen Steffey, CEO of Naviga Recruiting
Kathleen Steffey is the CEO and Founder of Naviga Recruiting & Executive Search. For 19 years, Naviga has been helping domestic and global business leaders achieve revenue growth by recruiting top-performing sales and marketing professionals. Her background has given her unique insight into the corporate talent acquisition world, agency recruiting and what it takes to manage and lead a team of marketers and recruiters in the digital landscape. TOPICS Describe the state of recruiting right now from your standpoint...whats it like out there? Any cautionary tales come to mind...lost a candidate recently or... our marketing machine/lead generation approach using tons of social platforms, channels and approaches Tiktok resume thing...opinion? LinkedIn and how we tried circumvent this platform with other tools and it just isn’t’ as effective recruiting ATS and how it’s critical to segment them by persona’s and update the information as it becomes outdated the day after it’s placed in the system. Looks like you guys use CATS software as your ats...how has that software worked out for you/...any other rec tech in place? Any tech you are potentially looking at using? Fav sourcing story… Learn more about your ad choices. Visit megaphone.fm/adchoices
Glassdoor goes Fishing, Humanly Raises VC
Humanly.io announces a successful momentum raise to continue company growth and product development. Better pre-hire conversations result in better hires for companies seeking quality and diverse employees. Launched in July of 2019, Humanly.io has spent the last two years perfecting conversational AI to speed the hiring process, allowing humans to remain at the heart of recruiting. Utilizing linguistic theory and maintaining a primary focus on DEIB (diversity, equity, inclusion, and belonging) in hiring, Humanly.io uses innovation to empower both hiring authorities and job applicants. https://hrtechfeed.com/humanly-io-announces-4-2m-in-funding/ Avionté, a leader in enterprise staffing and recruiting software, has acquired mobile on-demand staffing platform WorkN. This strategic move firmly positions Avionté as a leader in end-to-end and online mobile talent enablement. With the addition of WorkN mobile solutions to its portfolio, Avionté can further empower clients to compete for talent by helping them design compelling candidate experiences. WorkN, operating as a division of Avionté, will continue to serve large enterprise staffing companies and employers, a market in which WorkN already has penetration and momentum. At the same time, WorkN will gain access to Avionté’s customer base of more than 1,000 staffing companies. https://hrtechfeed.com/avionte-acquires-mobile-online-staffing-platform-workn/ Papaya Global, the industry-leading workforce management platform transforming global employment, announced today that it has raised $250 million in Series D funding, bringing the company’s valuation to $3.7 billion and Papaya’s total funding to date to $440 million. Papaya’s valuation has increased tenfold since September 2020. Funding will be used to continue Papaya’s rapid expansion and accelerate the recruitment of rapidly growing companies (pre/post IPO) and Fortune 5000 clients. https://hrtechfeed.com/workforce-management-platform-papaya-global-raises-250-million/ Canvas, the world’s first Diversity Recruitment Platform™, announced today a Series C round of $50 million led by Owl Ventures, with participation from Sequoia, and numerous other investors... Coupled with the Series C is the launch of a new product, Canvas Diversity Analytics & Benchmarking ™, which will set the industry standard for increasing diversity in Corporate America. Already adopted by prominent companies including Airbnb, Bloomberg, Lyft, Pinterest, Roblox, and more, Canvas offers a differentiated approach for understanding, benchmarking and evolving diversity in the workplace through access to the largest ever pool of self-reported candidate diversity data. Valued at $400M, Canvas says they are trailblazing a new industry category in recruiting that helps companies take action on their diversity goals by utilizing candidates’ self-reported data to identify talent, rather than inferred data that might be inaccurate or illegal. https://hrtechfeed.com/canvas-funding/ Glassdoor, the worldwide leader on insights about jobs and companies, today announced that through its parent company it has completed the acquisition of Fishbowl. Fishbowl is a fast-growing social network used by more than one million professionals1 engaging in candid conversations about anything career, industry and workplace-related. Financial terms are not being disclosed. Launched in 2016 by co-founders Matt Sunbulli and Loren Appin, Fishbowl has more than 18 million conversations, comments and direct messages in thousands of bowls4 where professionals can discuss career, industry and workplace-related topics. Before posting or commenting on Fishbowl, people have the option to choose how to represent themselves – by job title only, by the company they work for, or with their full name, title and company. Starting today, employees and job seekers on Glassdoor will see relevant Fishbowl conversations from people working in related companies and industries. Job seekers and employees can experience more by clicking on these Fishbowl conversations and visiting Fishbowl to see full conversations and explore company feeds, industry and special interest bowls. Viewing these conversations will require a Fishbowl account. https://hrtechfeed.com/glassdoor-acquires-social-network-app Learn more about your ad choices. Visit megaphone.fm/adchoices
HR Pod Squad: Cheesman, Gadomski, Laurano, Russell
Listen in as four industry pundits and personalities talk shop. Joel Cheesman Andrew Gadomski Madeline Laurano Chris Russell Topic: HR tech conference, IPOS, valuations, and more HR technology banter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Checkr Hiring, New Sourcing Tool, DHI bought who?
Checkr, a leading HR technology company powering the future of work, will open its third headquarters in Orlando, creating more than 600 new jobs in the next three years. The company, which leverages AI to make background checks faster, easier, and more compliant, will invest $2.7 million in the region. “We would like to thank the leaders of the City of Orlando, Orange County, and the state of Florida for their assistance in finding our new company home in the region,” said Checkr’s Chief Operations and Human Resources Officer Linda Shaffer. “As we grow we need more employees to join our team of engineers, developers, customer service representatives, and support staff to fulfill our mission at Checkr to build a fairer future by designing technology to create opportunities for all. We look forward to hiring a diverse group of candidates in Orlando, including fair chance hires, and have already started recruiting.” “We look forward to hiring a diverse group of candidates in Orlando,” Checkr COO Linda Schaffer said.Tweet this Checkr, a privately held company that just last week announced it has raised $250 million in a Series E round valuing the company at $4.6 billion, has dual headquarters in San Francisco and Denver, and adds Orlando as the company’s third headquarters. https://hrtechfeed.com/checkr-will-bring-600-jobs-to-new-orlando-regional-headquarters/ YouCruit raises $11.5M USD to further fuel the growth of Lanefinder, it’s Vertical Labor Marketplace for the US Trucking Industry. Lanefinder provides a job search and matching platform completely tailored to the wants and needs of truck drivers who have historically had to rely on word of mouth referrals and general job sites to find work. “With Lanefinder, a driver can find exactly what he or she is looking for in a matter of seconds instead of spending days plowing through job sites, taking 30-40 recruiter calls or chatting up other drivers at truck stops. We believe all skilled labor markets will expect and demand this type of job search efficiency in the future and Lanefinder is now leading the way in arguably the most important industry in the US.” Says Patrick Gilmore, Co-Founder and CTO. As opposed to the typical Pay Up Front advertising models job sites offer trucking companies today, Lanefinder does not charge anything for having their jobs searchable on the platform. Lanefinder instead offers a Pay Per Hire, performance based model for companies who need to recruit at greater speed. https://hrtechfeed.com/youcruit-raises-11-5m-usd-for-trucking-job-search-platform/ In a surprising move the owner of Dice has invested in employer branding platform, The Muse. The partnership will sell ‘corporate branding and values-based hiring solutions to give employers a competitive edge amidst tight recruitment market‘. Could this move lead to an eventual merger? Was this a life line for The Muse or simply a smart pairing of complimentary services? – Chris Russell CENTENNIAL, Colo., Sept. 8, 2021 — DHI Group, Inc. (NYSE: DHX) the leading provider of AI-powered technology-focused career marketplaces, today announced a $3 million investment in The Muse, a values-based career destination for the next gen workforce to search for jobs and research companies & careers. The investment will be used to support the expansion of The Muse’s product development and sales efforts to meet the increasing market demand for its unique values based employer discovery offerings. Terms of the planned transaction are not being disclosed at this time. In addition to the investment, the two companies will work together to develop joint sales, thought leadership and product solutions to better serve their respective stakeholders https://hrtechfeed.com/dhi-group-to-invest-3-million-in-the-muse/ FlexJobs, a premium online job service for professionals seeking remote and flexible work, announced the acquisition of Job-Hunt.org, an award-winning career website offering expert resources and guides to improving one’s job search. This strategic move will equip job seekers with valuable, insightful, and up-to-date career advice to help them navigate job searching in today’s market. “I have been a long-time fan of Job-Hunt’s dedication to high-quality content around the many varied and sometimes quite challenging aspects of job searching,” said Sara Sutton, founder and CEO of FlexJobs. “Bringing Job-Hunt under the FlexJobs umbrella is a natural extension of FlexJobs’ mission to help job seekers be successful in their job search and career, and we are excited to connect even more people to the incredible wealth of resources that Job-Hunt.org offers,” Sutton concluded. With more than 1,000 articles by job search and career experts, Job-Hunt provides information to help job seekers better understand today’s job search. Job-Hunt’s guides cover more than fifty topics by renowned career experts. “For over 20 years, I saw a desperate need for people to understand online job search, and my goal fo
Tim Sackett on College Recruiting
Tim Sackett says college recruiting is a mess. Her wrote: If you want to hire an upcoming college grad for a job you have, it’s a freaking nightmare, mostly. First off, you have to find out from each college/university who they actually work with and to which platform are they sending their kids. Handshake is the big one, but not everyone works with them, and as an employer, they are kind of difficult to work with (I’ll explain later). LinkedIn is the easiest to work with. Yello and Brazen, and others like them, are more event and campus management, than a database of students. READ MORE: https://timsackett.com/2021/08/03/college-recruiting-for-candidates-is-still-a-mess/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Jobsync's Google for Jobs Discussion
Jobsync recently held an excellent discussion that employers need to hear about upcoming changes to Google for Jobs. Learn more about your ad choices. Visit megaphone.fm/adchoices
Workstream, Knoetic Get Funding
Job.com, the data-driven, AI-powered recruitment platform, announced today the acquisition of two established staffing firms: Fortus Healthcare Resources, which specializes in the direct and travel placement of healthcare professionals with an emphasis on nursing, and Endevis, which offers permanent recruitment services, contract staffing, and recruitment process outsourcing (RPO) to clients in the automotive, commercial, and manufacturing sectors, among others. Together, the two businesses add more than $50 million of annual revenue to Job.com. The acquisitions are part of Job.com’s strategic plan to develop its revenue and reach by acquiring businesses that are already successful and profitable but have the potential to grow quickly and more intelligently through the application of Job.com’s proprietary technology. https://hrtechfeed.com/job-com-acquires-two-staffing-firms/ In a possible sign of things to come for many HR tech vendors, iCIMS, the talent cloud company, has announced that it has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission (SEC) for a proposed initial public offering of its common stock. The number of shares of common stock to be offered and the price range for the proposed offering have not yet been determined. iCIMS intends to list its common stock on the Nasdaq Stock Market under the ticker symbol “TLNT”. The proposed offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to this offering, when available, may be obtained from: Morgan Stanley---no word on a date yet for the stock launch. https://hrtechfeed.com/icims-files-for-ipo/ Paradox, the conversational recruiting software helping global brands like Unilever and McDonald’s simplify hiring through automation with a human touch, announced today the acquisition of Traitify — the world’s fastest, mobile-first assessment platform. Terms of the deal were not disclosed. Unlike traditional assessment technology, Traitify was built to be fast, visual, and mobile-first — increasing assessment completion rates to more than 96%. On average, candidates can finish Traitify’s visual-based assessment in less than two minutes, generating insight on their own personality and helping employers better predict the candidate’s suitability for the role. https://hrtechfeed.com/paradox-acquires-traitify/ Knoetic, a startup “built with Chief People Officers, for Chief People Officers,” emerged from stealth today, announcing an $18M Series A round of funding led by Accel. Over 100 angel investors also participated in this round... Chief People Officers use Knoetic to build their board decks, present data to their CEOs, solve challenges with peers, and improve their employee retention, compensation, and hiring. https://hrtechfeed.com/knoetic-secures-18m-series-a-for-people-analytics-platform/ Workstream, a hiring platform and mobile app that streamlines the sourcing and onboarding of hourly workers, today announced it has raised $48 million in Series B funding. This announcement comes on the heels of the company filling more than 18,700 jobs, which represents more than 2.5% of total private jobs added, in July 2021. Workstream was founded in late 2017 to give the deskless workforce a better hiring experience. Its text recruiting platform automates how local businesses source, screen and onboard candidates, saving hiring managers 70% of time on hiring. https://hrtechfeed.com/workstream-raises-48-million-series-b-for-hourly-worker-platform/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Creative Sourcing Ideas
A recent Facebook thread showed some new ways to source talent. https://www.facebook.com/groups/secret.sourcing/posts/2982596321989376 Learn more about your ad choices. Visit megaphone.fm/adchoices
RecTech news from SAP, Workrise and More
A new resume platform called Hiration, which makes it easy for qualified candidates to create the perfect resumes and find their dream role, announced it has raised $3M in seed funding from Prime Venture Partners, Venture Highway and Y Combinator, among others, to support further hiring and growth. https://hrtechfeed.com/resume-building-platform-nets-3-million-in-funding/ NY - retrain.ai, the Talent Intelligence Platform that uses AI and Machine Learning to redefine the future of work by helping organizations upskill, retrain and place professionals in new roles faster and more accurately than ever before, announces today the close of a $9M Series A led by international fund Square Peg, following their $4M Seed Round in September 2020, led by Hetz Ventures, with TechAviv and .406 Ventures participating. Alongside the funding, the company announces a notable first deal with the Israeli Department of Labor which will be using retrain.ai to help flatten the national unemployment curve. https://hrtechfeed.com/upskilling-platform-retrain-ai-closes-13m-in-funding/ SAP SE (NYSE: SAP) today announced that it has acquired intellectual property of SwoopTalent, a leader in talent data intelligence, in an asset acquisition. Embedding SwoopTalent’s data and machine learning technology across SAP SuccessFactors solutions will further SAP’s vision of human experience management (HXM), which prioritizes individualized employee experiences and dynamic opportunities that boost engagement, improve organizational agility and ultimately fuel business transformation. Founded in 2012, SwoopTalent developed an AI-powered platform that combines, analyzes and trains data from disparate HR systems and workflows. SAP plans to use SwoopTalent’s technology to strengthen its AI capabilities and provide customers with a holistic and continuously updated view of their people — from skills and capabilities to interests and learning preferences — so they can match employees to internal jobs, projects, learning courses, mentors and more. Several SwoopTalent engineering employees will also join the SAP SuccessFactors team. https://hrtechfeed.com/sap-acquires-swooptalent/ PRO Unlimited, a leading modern workforce management platform provider, today announced that, through an agreement with EQT Private Equity, it will acquire Workforce Logiq from funds managed by Carlyle later this year, subject to customary regulatory approvals. This transaction will combine two leading-edge companies that share a common strategic approach in solving its diversified clients’ contingent workforce management needs through the power of a holistic platform. This combination will expand PRO’s position as a preferred provider to the Global 2000, enabling organizations to achieve their strategic talent acquisition and cost reduction objectives. Through these transactions, PRO will add Workforce Logiq’s proven and strong track record of innovation and growth, including 16 patented and patent-pending solutions, dedicated data science and development teams, and an award-winning Total Talent Intelligence® technology platform to its portfolio. Additionally, Workforce Logiq’s strong presence in EMEA, specifically in the Nordics, expands PRO’s already impressive global reach. As a result, PRO will enhance the scale and breadth of operations to enable the continued global expansion of its large and mid-market client base worldwide. https://hrtechfeed.com/new-acquisition-among-workforce-management-platforms/ Workrise, the leading workforce management platform for the skilled trades, announces new initiatives in Northern Ireland that will create 153 jobs locally and support the company’s continued growth. Workrise is establishing a technology engineering center in Belfast. The jobs will be added over the next four years with an initial focus on establishing the engineering team. https://hrtechfeed.com/workrise-establishing-tech-center-in-ireland-creating-150-jobs/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Are Big Benefits the New Recruiting Tool?
Walmart and Target announce free tuition for frontline workers. https://www.diversitygator.com/pages/33815-walmart-to-pay-100-of-college-tuition-and-books-for-associates https://recruitingheadlines.com/target-launches-tuition-assistance-program-for-frontline-workers/ The benefits wars are heating up. Learn more about your ad choices. Visit megaphone.fm/adchoices
Polywork Aims for LinkedIn
Polywork, a new type of business social network has raised $13 million in new funding from Andreesen Hororwitz and other investors. Think of it as an alternative to LinkedIn. From the a16z blog… Polywork focuses on letting people tell their own stories and all they’re capable of, so we can meet new people, supercharge our teams, and unlock creativity. From capturing details like who you collaborated with on various projects to career highlights, to a system of community-created badges reflecting both personal and professional traits, Polywork is building a new professional network, from the ground up, that reflects how we work in 2021. As a bonus, Polywork profiles can also be hosted on any custom domain instead of Polywork as a simple way to represent your online identity. https://hrtechfeed.com/linkedin-alternative-polywork-raises-13-million/ Graphite Solutions, Inc. today announced the completion of a new $15M equity raise to scale its sales, marketing, recruitment, customer success and product development efforts. Graphite is the leading technology platform that helps Enterprise companies find, hire and manage highly skilled remote consultants on-demand. The company has raised 20 million to date. https://hrtechfeed.com/graphite-raises-15m-to-help-enterprises-build-a-remote-workforce/ Tech job postings increased 16% in the second quarter of 2021, with locations, occupations, skills and employers across the country experiencing strong quarter-over-quarter growth, according to the Q2 2021 Tech Job Report from Dice.com Job posting activity remained high for the top 50 tech employers (by posting volume) in the second quarter, with 78% increasing tech job postings quarter-over-quarter. With emerging tech hubs like Las Vegas, Sacramento and Nashvillehaving seen the strongest growth, most mature tech hubs also fared well in second quarter. https://hrtechfeed.com/dice-tech-hiring-surges-in-second-quarter/ Tech interviewers for hire are now just a few clicks away from companies that need to scale up hiring, reclaim time wasted by unqualified candidates, and hire for new roles and technologies within the business. “eTeki’s interviews marketplace is a natural evolution for how the world is hybrid eworking during and beyond the pandemic. We are seeing continued usage growth and the demand for an outsourced interviewing as-a-service marketplace – what’s needed to match recruitment growth of critical tech talent. eTeki is starting a venture backed capital raise to fuel our expansion.” says eTeki CEO Hans Bukow. Businesses in need of scalable, on-demand interviewing need to look no further than eTeki’s newest talent marketplace. Formerly only available in a managed service model, eTeki’s pay-per-interview marketplace now brings a bench of expert freelancers available to lead IT interviews for hiring teams across the globe. Hiring professionals scope the interview, add a candidate, select one of eTeki’s 6,000+ expert interviewers and confirm an interview time with a credit card. https://hrtechfeed.com/eteki-pioneers-marketplace-approach-to-remote-technical-interviews/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Chloe Rada Talks Employer Branding
Chloe Rada brings 20+ years of talent marketing experience and is known for driving big ideas and empowering others to make a positive change for the future of Talent Acquisition. Awarded the 2020 Recruitment Marketer of the Year by Rally™ Recruitment Marketing for making an impact on Sodexo’s recruitment marketing efforts she is currently the Director, of Global Recruitment Marketing and Branding for Syneos Health... Supporting the Commercial Solutions division and responsible for driving talent attraction and candidate engagement strategies to compete in the Life Sciences industry. I wanted to start by asking about your previous work at sodexo......you spent many years there and that company to me was one fo the first employers to embrace employer branding...i remember back in like 2008 you guys were blogging about life at the company, they were one of my clients when i was running jobs in pods...what were some of the lessons learned from your time there? -Current recruitment tech stack at Syneos Scroll stopping content? -Challenges/initiatives you face coming into the new role -Current state of EB at Syneos, what are your plans Goggle analytics? How has the pandemic affected employer branding in your opinion? -General EB tactics/advice---what do you want to try? What did you think of the TikTok resume experiment...any thoughts? Learn more about your ad choices. Visit megaphone.fm/adchoices
WorkJam, Deel, Instawork in the News
WorkJam, the Digital Workplace for organizations with frontline employees, announced $35 million in growth financing from Silver Lake Waterman. The investment is intended to support the company’s continued growth and strengthen WorkJam’s position across the over 2 billion frontline worker market — a market that has been underserved and underpenetrated with collaborative tools to orchestrate the workforce. WorkJam’s Frontline Digital Workplace enables operational efficiencies, fosters collaboration, and drives engagement and higher retention by equipping frontline workers and headquarters staff with a state-of-the-art solution to manage scheduling, training, task workflows, and real-time communications — all through a single platform. https://hrtechfeed.com/workjam-announces-35-million-in-financing-for-frontline-worker-platform/ Instawork, the digital marketplace that connects local businesses with skilled hourly professionals across the U.S., has acquired Drafted, a network recruiting platform that helps businesses hire by leveraging referrals. Drafted’s solution will enable Instawork to accelerate the growth of the company’s pool of Pros with skilled hourly professionals. As a result of the acquisition and integration, Pros can easily share Instawork job opportunities with their network, further supporting the companies’ shared mission to put Americans back to work and help businesses successfully reopen. Terms of the deal were not disclosed. https://hrtechfeed.com/instawork-acquires-referral-platform/ Deel, the market leader in the global payroll and compliance space, announced today that it had joined forces with Zeitgold to fuel international growth and enhance the depth and breadth of its product offerings. This acquisition marks a significant milestone for Deel as the company continues to scale, adding thousands of customers as working and hiring practices continue to transform rapidly. Deel is adding a full line of products through this acquisition to improve their customer experience further and provide them with the right solutions to scale internationally. https://hrtechfeed.com/deel-acquires-zeitgold-to-strengthen-payroll-ai-offerings/ Talent acquisition software platform GR8 People announced a new partnership with PandoLogic, the leader in programmatic job advertising, to connect employers more efficiently to job seekers through programmatic sourcing. Centralize job advertising spend into a single performance-based tool that optimizes and automates real-time bidding and budget allocations Expand reach to talent through an ad exchange of 1000’s of leading job sites, search engines and social networks Engage with the right candidates through precision targeting Source applicants effortlessly by eliminating manual tasks and inefficiencies with powerful automation https://hrtechfeed.com/gr8-people-partners-with-pandologic/ Talroo announces the release of Target CPA (Cost per Application), an enhancement to its Talroo Pro pay-for-performance job advertising solution. Target CPA uses job seeker conversion data to bid real-time so that recruitment marketing advertisers reach the right audiences at the right places, at the right time, and at the right price. https://hrtechfeed.com/whats-new-in-hr-tech-model-match-talroo/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Evan Sohn, CEO Recruiter.com
Recruiter.com has been making acquisitions and going public on the Nasdaq. We'll catch up with their CEO Evan Sohn. Learn more about your ad choices. Visit megaphone.fm/adchoices
Another Unicorn in HR Tech
Culture Amp was founded in 2009 to let companies conduct anonymous employee surveys, but since then, its focus has expanded to helping employers turn the data they collect into action. The company announced today it has raised $100 million in Series F funding, led by returning investors Sequoia Capital China and TDM Growth Partners. The round bumps Culture Amp’s valuation to $1.5 billion, more than double what it was after the company’s Series E in 2019. That makes them our industries latest unicorn. There are now 27 different companies that have ever received a single funding round of $100 million or more. https://hrtechfeed.com/culture-amp-gets-100-million-in-new-funding/ Talview, a leading provider of an end-to-end, AI-powered hiring and proctoring solution, today announced it closed $15M in Series B funding led by Silicon Valley investor Eileses Capital….The new capital further validates that their video AI platform is perfectly positioned to help organizations analyze talent interactions for more efficient and effective talent decisions in a digitized world where video plays a key role. https://hrtechfeed.com/talview-raises-15m-to-revolutionize-talent-lifecycle/ Pangea is a freelance marketplace for college age talent that has just secured a nice round of funding. They are based in Providence Rhode Island. According tot he company’s blog; In the past 12 months, students from more than 850 colleges across the US and Canada have come to Pangea to find freelance work. In that time, we’ve grown GMV nearly 400; helping Pangeans earn nearly $500,000. https://www.jobboardsecrets.com/2021/07/29/college-freelancer-marketplace-raises-2-million/ Leadr, Inc., a rapidly growing human resource software company, today announced closing their Series A funding with a $10M investment round led by Bedrock. The Series A raise also included funding from Leadr friends and family, including Leadr Co-founder and Executive Chairman of the board, Chris Heaslip; Chief Revenue Officer of Intuit, Bobby Morrison; and Co-founder of Pushpay, Eliot Crowther. https://hrtechfeed.com/people-development-software-leadr-inc-raises-10m-series-a-led-by-bedrock/ REBRAND…..ORLANDO — HR Payroll Systems and Applicant Tracking Systems announced today that the two websites will unite to form Matchr. Both companies are designed to connect HR professionals with HRIS/payroll systems and applicant tracking systems, respectively. Through consolidation of the two brands under Matchr, HR professionals can conveniently access a single site for all of their HR software needs. https://hrtechfeed.com/hr-software-company-rebrands-as-matchr/ Learn more about your ad choices. Visit megaphone.fm/adchoices
CEO of Recruitology
Today i’ll be chatting with Roberto Angulo, CEO of Recruitology a Cloud-based recruitment platform that leverages artificial intelligence to connect employers with the right talent, And he is also co-founder of AfterCollege.com an entry level job site thats been around for over 20 years. TOPCS Give us a brief description of your business as it is today… Lines of business...revenue streams? How do you think job marketplaces will evolve in the next 5 years? Whats your marketing advice for a new job board owner just starting out? You wrote a book too, Getting Your First Job for Dummies...what was that experience like? Learn more about your ad choices. Visit megaphone.fm/adchoices
Smart Recruiters is the Newest Unicorn
SmartRecruiters, the recruiting software that I was once a client of announced it closed a $110 million Series E round led by Silver Lake Waterman with participation from existing investors... The new capital brings the company’s total amount raised to $205 million, with a valuation of $1.5 billion. This financing round comes on the heels of strong momentum for SmartRecruiters. In the last 12 months, the company has experienced 70 percent bookings growth behind its expanding product set—with new messaging and analytics capabilities built on its modern talent acquisition platform. The new funds raised will be used to accelerate product development for SmartRecruiters’ leading talent acquisition suite in the areas of intelligence, automation and conversational interfaces. SmartRecruiters will also continue to expand go-to-market efforts across US, EMEA and APAC, and will provide on-the-ground support for its growing customer community and partner ecosystem. https://hrtechfeed.com/smartrecruiters-raises-110-million-now-valued-at-1-5-billion/ The newest player on the funding scene is a company Called CENSIA Censia, a provider of Talent Intelligence technology, announced it has raised $21M in Series A funding in a round led by Marbruck Investments. Marbruck joins other existing investors bringing the company’s total funding to over $30 million. With this funding, Censia will expand go-to-market efforts, scale their API-first offering, and continue product innovations for talent acquisition and workforce planning powering HR technologies of the future with AI. https://hrtechfeed.com/cemsia-raises-21m-in-series-a-funding-to-bring-bias-free-intelligence-to-human-capital-management/ Indeed, the world’s number one job site, announced that all jobs posted directly to its platform can add video interviewing options, for both free and sponsored jobs, for no additional charge. This new capability streamlines the hiring process, reducing the time it takes to get candidates to first interviews. All interviews take place on Indeed’s proprietary interviewing technology Indeed Interview, which has been designed specifically for interviewing. Since there is no software to download, all job seekers and employers need to do is click a unique link and start interviewing. Indeed has hosted more than half a million video interviews to date. https://hrtechfeed.com/indeed-expands-free-video-interviewing-options-to-all-jobs-posted-on-site/ Greenhouse, the hiring software company, has introduced Job Ad Market, a new functionality that offers customers instant access to thousands of global job boards from within Greenhouse. For users you can Diversify your sourcing strategy by buying individual, pay-as-you-go job listings at competitive rates Receive recommendations on the highest performing job boards based on historical and industry performance, job function or region https://hrtechfeed.com/greenhouse-launches-job-ad-marketplace-with-1000-job-boards/ Veritone, Inc. a publicly traded company and creator of the world’s first operating system for artificial intelligence, announced it signed an agreement to acquire PandoLogic, Inc, a leading provider of intelligent hiring solutions. Based in new york Total consideration of $150 million on a cash and debt free basis, payable in Veritone cash and stock, with performance earnouts through fiscal 2022. Pando’s investors sold the comapny for essentially 3X yearly revenue. The acquisition is expected to be immediately accretive, with PandoLogic generating over $50 million in SaaS and related GAAP revenues and over $25 million of EBITDA on a pro forma 2021 basis. https://hrtechfeed.com/pandologic-acquired/ Learn more about your ad choices. Visit megaphone.fm/adchoices
TikTok Launches Pilot Program for Video Resumes
A deep dive into what into TikTok new recruiting experiment. Learn more about your ad choices. Visit megaphone.fm/adchoices
Diversity Merger Mania
isolved has acquired predictive people analytics platform TrenData HR. The combination helps business leaders and HR professionals move from reactive to proactive human capital management (HCM) using sophisticated insights, simply delivered. The acquisition will help organizations of all sizes – to maximize business and people outcomes from their HR data. TrenData HR harnesses external data sources and aggregates them with information from internal systems, applying sophisticated predictive artificial intelligence (AI) models to produce powerful visual insights wherever and whenever they’re needed. https://hrtechfeed.com/isolved-acquires-predictive-people-analytics-provider-trendata-hr/ Remote, a leading HR tech platform and provider of global employer of record services and international contractor management, today announced it has raised a $150 million Series B round led by Accel. The shift to distributed employment created unprecedented demand for Remote’s services: since their $35 million Series A in November 2020, Remote grew its customer base by 7x and increased its users by more than 10x. Remote’s revenue has grown by 65x over the past year, and employee headcount has gone from 50 to 220 employees working remotely in 45 countries since November 2020. Remote is the only Employer of Record (EOR) that owns 100% of its global infrastructure, has legal entities in more than 50 countries with plans to have fully operational legal entities in more than 80 countries by the end of 2021, and in the rest of the world by the end of 2022. https://hrtechfeed.com/remote-raises-150-million-series-b/ WayUp, a sourcing platform for diverse candidates, announced that it is merging with Yello, a recruitment software company. The two HR tech companies will operate under Yello as a legal entity but continue to keep their independent branding with a now combined 200 employees. Students but now they brand themselves as a DE&I platform. The WayUp database will evolve to be the sourcing arm of Yello’s campus recruiting solution. It provides a diverse database of over 6 million candidates, including: Recent graduates and students from across the country who attended over 7,000 campuses 71% Black, Hispanic or female candidates as well as tens of thousands of veterans Candidate self-reported data on major, location, campus, graduation, gender, ethnicity and more “In addition to offering a powerhouse of data, recruiters will benefit from the automation opportunities of two solutions from a single company,” said Corey Ferengul, CEO, Yello. “We are beyond excited to have the WayUp team joining Yello and we believe that together we will offer unparalleled capability to match employers and candidates in the campus and early talent world.” https://hrtechfeed.com/early-career-marketplace-wayup-merging-with-yello/ Hireology, a leading recruitment CRM built for multi-location, decentralized enterprises, today announced the acquisition of employee referral technology provider, EmployUs. EmployUs is a modern employee referral software that empowers organizations to leverage their employees and their networks to help hire. Based in Raleigh, North Carolina, Emplyus has 6 employees according to linkedin https://hrtechfeed.com/hireology-acquires-employee-referral-platform/ MILWAUKEE – Today, Infosoft Group, LLC, dba Circa, announced the purchase of Colorado-based LatPro, Inc., dba DiversityJobs, a leading diversity recruitment and OFCCP HR compliance technology solutions provider, which will become a subsidiary of Infosoft. https://www.jobboardsecrets.com/2021/07/14/circa-acquires-diversityjobs-com/ Learn more about your ad choices. Visit megaphone.fm/adchoices
The Great Resignation _ Shane Metcalf from 15five
Shane Metcalf is the Chief Culture Officer at 15five. We talked about how the great resignation now underway in the labor market is affecting companies ability to attract and retain workers as well as what you can do about it for your organization. Learn more about your ad choices. Visit megaphone.fm/adchoices
A Rebrand and TikTok Video Resumes
LinkUp, the leading provider of global job market data, announced their recruitment advertising and job search business has been rebranded as Getwork. Getwork will continue to be powered by LinkUp’s labor market data business and its innovative, proprietary technology that indexes millions of verified jobs every day directly from employer career sites. As a separately branded business, Getwork will be entirely focused on connecting job seekers with the companies they want to work for. Getwork will provide jobseekers with the most streamlined search of the highest quality job listings, as well as offer solutions for employers in search of top-quality talent, like pay-per-click and targeted marketing campaigns, an extensive partner network, and valuable analytics to optimize recruitment strategies. LinkUp will continue to service data clients with the most accurate, real-time, and predictive job market data. LinkUp’s dataset includes 4 million daily active job listings from 60,000 companies and contains more than 20 unique job and company-level attributes and identifiers, including job title, job URL, company name, location, occupation code, sector code, ticker, reference data, and more. https://hrtechfeed.com/linkup-launches-getwork-rebrand-of-their-recruitment-advertising-and-job-search-business/ Mave, a new software sales career platform, launched today to help software companies discover top sales talent and sales professionals filter companies and opportunities that match their sales experience. With Mave’s employer branded profiles, companies can showcase their team, perks, and company information to prospective software sales job seekers. Mave’s focus is critical to helping software sales companies keep up with the increasing demand for technology and software from consumers and businesses nationwide. To learn more about Mave, visit www.joinmave.com. https://hrtechfeed.com/software-sales-professionals-have-a-new-career-platform/ Symphony Talent, a recruitment marketing technology company that helps recruitment teams automate tasks for efficiency and empower smarter candidate interactions, announced the launch of SmashFlyX Events. This new module centralizes, manages and automates virtual and in-person recruitment events and activities from pre-registration, during event activity through post-event follow-up, and ultimately, conversion to job applicants and hires. SmashFlyX Events uniquely enables organizations to cast the widest net, advertising the events across every channel of media, leveraging existing contacts in the CRM, and tying it all together with analytics. Bringing it into one platform allows users to leverage the automation and tools available in SmashFlyX and extend their existing communication technologies to seamlessly create interactive, virtual events. https://www.rectechpr.com/press-releases/symphony-talent-launches-centralized-hybrid-event-management Censia, a leading provider of Talent Intelligence technology, has raised $21M in Series A funding in a round led by Marbruck Investments. This brings the company’s total funding to over $30 million to date. With this funding, Censia will expand go-to-market efforts, scale their API-first offering, and continue product innovations for talent acquisition and workforce planning powering HR technologies of the future with AI. https://hrtechfeed.com/bias-free-talent-intelligence-startup-raises-21m/ We're excited to launch "TikTok Resumes" as a pilot program designed to continue expanding and enhancing TikTok as a new channel for recruitment and job discovery. We're teaming up with select companies and inviting job seekers to apply for entry-level to experienced positions with some of the world's most sought-after employers, including Chipotle, Target, WWE, Alo Yoga, Shopify, Contra, Movers+Shakers, and many more, with a TikTok video resume. Interested candidates are encouraged to creatively and authentically showcase their skillsets and experiences, and use #TikTokResumes in their caption when publishing their video resume to TikTok. https://newsroom.tiktok.com/en-us/find-a-job-with-tiktok-resumes Learn more about your ad choices. Visit megaphone.fm/adchoices
6 Out of the Box Onboarding Ideas
I found six unique onboarding ideas that you can use to make your new hires feel welcome. Learn more about your ad choices. Visit megaphone.fm/adchoices
Headlines: Zominfo gets into the sourcing game and more
ZoomInfo the go-to-market intelligence solution, today announced the general availability of the ZoomInfo Recruiter platform. ZoomInfo Recruiter is built specifically for recruiting teams to identify, target, and connect with top talent so they can fill open requisitions with the right individuals quickly and efficiently. Through the platform, staffing agencies, executive recruiters, corporate recruiters, and sourcers can uncover data such as work history, educational background, and department organizational charts to better understand candidates’ managerial, functional, and technical experience. Recruiters can apply preset filters in order to focus on specific initiatives, including diversity, equity, and inclusion. “ZoomInfo Recruiter gives recruiters an edge in identifying hard-to-find candidates,” said Henry Schuck, ZoomInfo Founder and CEO. “Recruiters can easily automate their identification of and outreach to candidates. In an increasingly competitive hiring environment, ZoomInfo Recruiter provides talent acquisition and recruiting teams with the data, insights, and technology they need to source, engage with, and hire ideal talent faster.” https://hrtechfeed.com/zoominfo-releases-zoominfo-recruiter/ ResumeSieve the resume scoring platform is on a mission to disrupt traditional recruiting practices by putting innovative tools in the hands of those who are doing the hard work of recruiting. They recently launched a crowdfunding which provides anyone to invest with as little as a $100 commitment. They are asking for your support and invite you to check out our campaign page! On wefunder.com Post on social media – Share wefunder.com/resumesieve.inc Invest – Opportunities start at just $100 and you get perks for investing more https://hrtechfeed.com/the-resume-sieve-launches-crowdfunding-campaign/ Visier, the globally recognized leader in people analytics and planning, has raised $125M in Series E funding led by Goldman Sachs Asset Management (Goldman Sachs) at a valuation exceeding $1B USD. This investment signals a historic moment in the growth of the people analytics market, with Visier becoming the first independent vendor in the space to reach a $1 billion valuation. “There is unprecedented demand for companies to better understand the people within their organizations,” said Ryan Wong, CEO of Visier. “From HR leaders to people managers and executives, having insight into a workforce is critical for delivering the right outcomes for the business, the employee, the customer, and a fair and just society.” To spearhead this new era of people analytics, Visier will use the funding to extend and accelerate product development and international go to market expansion. https://hrtechfeed.com/visier-announces-125m-series-e-for-people-analytics-platform/ RepVue, the world’s leading sales organization ratings platform, has raised $1 million in a series seed funding round led by Knoll Ventures with participation from Alerion Ventures. The funding round validates and strengthens RepVue’s mission of driving transparency in sales organizations and enabling sales professionals to discover and engage with career opportunities that best fit their skills and experience. After coming out of a beta period at the beginning of 2020, RepVue has now received more than 16,500 ratings of the world’s most well known sales organizations. More than 50% of these ratings have come in 2021, further establishing RepVue as the largest and fastest growing B2B sales organization ratings platform in the world. “RepVue was born out of a specific mission to deliver transparency into what it’s really like to work inside the world’s most well known sales organizations, enabling sales professionals to navigate their careers much more efficiently and confidently.” According to Ryan Walsh, founder and CEO of RepVue. “The status quo in sales recruiting is simply not working. We’re able to harness the collective intelligence and insights of tens of thousands of b2b sales professionals to not only pull the curtains back on the true selling environment of these sales orgs, but also enable sales professionals to directly engage with career opportunities through our platform.” https://hrtechfeed.com/sales-talent-platform-raises-1-million-in-funding/ TopFunnel, an AI-powered recruiting startup that high-growth companies use to scale, has announced the acquisition of Teamable to supercharge referral-based recruiting. Teamable is the employee referral platform that transforms social networks into high-performance talent pools. Since TopFunnel was founded in 2017 to empower both recruiters and employees through the talent acquisition process, it has rapidly become the secret weapon that high-growth companies like Plaid, Rubrik, Noom, and InVision have relied on to scale their teams. TopFunnel’s AI-driven approach automates much of the recruiting process, helping to source the right candidates for the right roles — and send them the right message. Simi
Best Job Boards for Tech Talent
Looking to hire tech talent? Try these 10 favorites. AuthenticJobs.com Angel.co Built In Dice.com F6S.com Hired.com Relocate.me Stack Overflow White Truffle Venture Loop Learn more about your ad choices. Visit megaphone.fm/adchoices
Internal Mobility Software List of Vendors
Standalone solutions.... Worqdrive: We are an internal mobility solution designed to make it easy for your employees to stay. | Link Gloat: Internal Talent Marketplace helps enterprises democratize career development, unlock skills, and future-proof their workforce. | Link Fuel50: Matches your people to new opportunities, vacancies, gigs, and learning based on their talents whilst giving your organization powerful insights. | Link Anthill: Designed to reach all types of workers, from corporate to retail and manufacturing, Anthill’s software engages with employees via mobile app. | Link Feature inside HCM suite… Phenom https://www.phenom.com/internal-mobility Eightfold https://eightfold.ai/products/talent-management/ Workday | Recently Launched Workplace Talent Marketplace | Link SmartRecruiters https://www.smartrecruiters.com/recruiting-software/smartmobility/ PaddleHR https://www.paddlehr.com/internal-mobility Avature https://www.avature.net/internal-mobility Jobvite https://www.jobvite.com/products/internal-mobility/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Oyster gets $50 Million and good times for GoodTime
Recruiting platform dotin Inc., which improves the recruitment and retention of new and existing talent, has released of their latest service module, PerFit-Diversity and Inclusion. The new module leverage AI to gather insights related to employee makeup, helping organizations realize the gender and ethnic diversity within their workforce. https://hrtechfeed.com/recruiting-platform-dotin-inc-releases-new-diversity-and-inclusion-module/ Oyster®, the company that makes hiring talented people around the world compliant, human, and delightful, has raised a $50 million Series B funding round, led by Stripes with the continued participation of some existing investors. On the heels of the announcement of Oyster’s $20M Series A just this past February, this new Series B investment allows Oyster to expand its HR platform to more countries around the world and continue to empower globally distributed companies to succeed on the world stage. The team has grown 5X and the customer base has grown 8X so far in 2021. Revenue increased by 8X since the beginning of the year, from a growing number of Distributed HR offerings, including multiple modes of employment (for both Contractors and Full-Time Employees), and an assortment of Benefits catering to the special needs of distributed teams. Oyster® has also expanded its country coverage to 91 countries which account for more than 95% of the employable knowledge workers of the world. https://hrtechfeed.com/global-hr-platform-oyster-raises-50m/ San Francisco – Pequity, the first intelligent compensation platform that helps fast-growing companies create fair and competitive compensation programs, announced today that the company has closed a Series A round of $19 million, led by Norwest Venture Partners with participation from First Round Capital, Designer Fund, and Scribble Ventures. Pequity saves companies time and money and helps them attract and retain talent by automating HR workflows from offer to signing to promotion and beyond. The platform helps HR & compensation leaders centralize their comp workflows, avoid comp problems before they happen, and create competitive compensation programs based on real-world data on industry ranges, market trends, and internal peer compensation https://hrtechfeed.com/pequity-raises-19-million-to-bring-equitable-compensation-to-the-masses/ The new Questionmark white paper, “Five Ways Assessments Can Help Retain Employees”, shows that by testing the skills of workers, employers can: Make better recruitment decisions – someone who leaves within their first year is likely to have been a poor hire. Testing the skills of candidates before hiring them helps ensure new starters are a good fit for the role. Identify relevant training needs – assessments can pinpoint an employee’s immediate training need, helping demonstrate that employers are taking their career development needs seriously. Improve onboarding – around 15% of exits relate to employees leaving in the first 90 days.3 Assessments can reveal whether the onboarding process is effective and if new starters are learning what they should. Create a certification program – assessing employee progress and awarding certifications enhances an individual’s sense of career development. It also creates immediate goals to work toward. Predict employee retention – employers can track scores from relevant workplace assessments and correlate them with employee longevity. By doing so, employers can identify risk factors that require intervention to prevent employee churn. https://recruitingheadlines.com/5-ways-to-reduce-staff-turnover/ GoodTime, the leading AI-based interview scheduling and hiring experience solution, has added $9.5M million to its Series A funding, bringing the total round to $16.7 million. The new funding round was led by KTB Ventures along with participation from Smilegate and Atinum Investment. This funding will be used to accelerate innovation for hiring/candidate experience solutions and accelerate go-to-market growth in a wide range of industries with innovative clients such as Box, Shopify, and Zoom. GoodTime is a solution that can reduce time-to-hire by as much as 50% while saving as much as $500,000 per year in talent acquisition costs. https://hrtechfeed.com/interview-scheduling-tool-raises-9-5-million-series-a/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Canvas CEO Ben Herman
Diversity technology platforms are starting to spring up and get funding. The latest entrant into this market is Canvas formerly known as Jumpstart they recently raised a $20 million dollar funding round and we’ll get into that with our guest. TOPICS I want to get into the rebranding story but First of all what is canvas…? Describe what your platform does Tell us about the origins of business Rebranding, how do you arrive at the new name? How easy was it to get the domain? DRP….Explain the product/user experience Any success stories ? Plans for the new round of funding? Tips for diversity recruiting? Learn more about your ad choices. Visit megaphone.fm/adchoices
Beamery Makes it Rain, Linkedin Gets Reprieve in Court
The U.S. Supreme Court has given LinkedIn another chance in its legal fight to stop HR technology firm HiQ Labs from scraping LinkedIn user data against the company’s demands. The nation’s highest court this week issued a writ of certiorari, noting it may hear the case, but telling the appeals court to first redo its earlier decision in favor of HiQ. The court told the U.S. Court of Appeals for the 9th Circuit to retry the case in light of a recent Supreme Court ruling in a similar case. HiQ Labs, founded in 2012 in Silicon Valley, scrapes publicly available data, including LinkedIn member updates, and analyzes it to predict when workers are likely to quit their jobs. It then sells its conclusions to employers. https://aimgroup.com/2021/06/15/top-court-gives-linkedin-another-chance-in-hiq-scraping-case/ Beamery is the latest company to enter the HR tech arms race, the company which calls itself a “talent operating system” that helps companies attract, engage and retain top talent, has announced US$138m in Series C funding led by the Ontario Teachers’ Pension Plan Board (Ontario Teachers’), through its Teachers’ Innovation Platform (TIP). The round follows a record year for the company, which finished with 337% annual revenue growth in Q4, and surpassed one million roles filled on its platform during 2020. This new investment will fuel extensive product development, accelerate commercial growth in existing and new geographies, double its rapidly growing employee base, and solidify Beamery’s leadership position in the talent space. https://hrtechfeed.com/beamery-raises-138m-hr-tech-arms-race-continues/ Gloat, pioneers of the Talent Marketplace platform that is reinventing work and careers in global enterprises, announced a $57M Series C funding round led by Accel, with participation from existing investors Eight Roads Ventures, Intel Capital, Magma Venture Partners, and PICO Partners. With total funding of $92M, the company will accelerate product innovation and market expansion as it aims to bring workforce agility to every enterprise and more dynamic careers to every individual. https://hrtechfeed.com/gloat-raises-57m-for-internal-mobility-platform/ Candidate.co, a new way for people to connect their personal and professional networks with great jobs while earning money launches out of beta today. For “superconnectors” — people with networks of talented friends and peers — Candidate.co offers the best way to connect them with the right job, and pays between $2,400 – $6,000 for each successful match. For employers, Candidate.co helps them build a network of referrers outside of their own employees and alumni, increasing their reach and gaining access to new pools of talent. The startup has secured $4M in seed funding from prominent investors and offers remote positions nationwide and in-office roles in Seattle, San Francisco, New York City and Los Angeles https://hrtechfeed.com/referral-platform-candidate-co-raises-4-million-in-funding/ Sense, the AI-driven talent engagement and communication platform solutions for recruiting, today announced $16 million in Series C funding. Bringing the total funding amount to $40 million to date, this latest round will accelerate innovation and development of the company’s AI-powered talent communication and engagement suite. Sense offers a singular engagement platform powered by AI and machine learning. It enables personalized communication across the entire talent lifecycle at scale, and also automates manual tasks for recruiters. Through this personalized approach, Sense customers experience on average; a 263% increase in candidates screened compared to a manual approach, reduced time to fill by 30-81% and up to 800 hours of recruiter time saved. https://hrtechfeed.com/sense-secures-16-million-for-talent-engagement-platform/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Crelate CEO Aaron Elder
While traditionally leading the recovery following recessions, experts predict five million Americans will need to find new employment coming out of the COVID recovery. But how can staffing companies put these folks back to work amid the shifts of business and services? Well, According to Aaron Elder CEO of software company Crelate, a platform for staffing and recruiting firms, you do that with what he calls ‘transferable velocity”, meaning looking for skills that are applicable and movable from industry to industry in order to bridge the divide. Learn more about your ad choices. Visit megaphone.fm/adchoices
RecTech Headlines: Eightfold, Talent Inc, Loophire, Stoke, Charthop & More
Eightfold is at it again. After raising a $125 million dollar round round last they just announced a $220 million dollar series E round. Wow. They are now valued at 2.1 billin dollars. The funds will be used to continue the growth and development of Eightfold’s AI-powered Talent Intelligence Platform and expand its growing partner ecosystem. Since the announcement of Eightfold AI’s Series D funding round in October of 2020, the valuation of the organization has more than doubled. This is a direct result of the significant momentum achieved by customers and partners in the public and private sector. The innovation delivered through a single Talent Intelligence Platform is the foundation for leading global organizations as they prepare for the acceleration of changes in jobs, demand of evolving skills demand and other post-pandemic shifts in the workforce. “Powered by AI and machine learning, Eightfold’s platform provides global enterprises with a single solution for managing the entire talent lifecycle, including hiring, retaining, and growing a diverse global workforce,” said Deep Nishar, Senior Managing Partner at SoftBank Investment Advisers. “We are pleased to partner with Ashutosh and the Eightfold team to support their ambition of transforming how enterprises manage talent and how people build their careers.” https://hrtechfeed.com/eightfold-ai-raises-220m-series-e/ Talent Inc. the company that operates TopResume and TopCV, announced the acquisition of Imkey Holding, a global subscription-based platform for online resume-building. Based in the Netherlands, Imkey helps job seekers create job-winning resumes and CVs online through their builder platform on its global property, Resume.io, as well as its 10 additional localized sites. Since launching in 2012, Imkey has helped build more than 7 million resumes and CVs in over 100 countries. “While most job seekers find tremendous success when working one-on-one with a professional resume writer, we also recognize that others may not be ready to make such an investment in their careers,” said Byron Matthews, Chief Executive Officer of Talent, which adds Resume.io to its suite of professional career-services brands that include TopResume, TopCV, and TopInterview. “By acquiring a resume-building property such as Imkey’s Resume.io, we can strategically expand our service offerings to help those job seekers who either are creating a resume for the first time or who aren’t interested in working with a professional writer right now. In addition, Imkey’s extensive international presence will allow our organization to continue expanding its global footprint and empowering more professionals to take control of their careers and land the right job, sooner.” https://hrtechfeed.com/talent-inc-acquires-another-resume-service-provider/ Loophire a startup out of nebraska has raised $300k seed round. Loophire’s technology solution combines algorithms that automate the initial match before giving each party the choice to pursue one another if the opportunity is right. For employers, Loophire goes beyond resumes to provide candidate assessments for skills, culture, and long-term fit, preliminary screening interviews, and customized services at performance-based pricing. For job applicants, Loophire provides career coaching, timeline and career growth transparency, and regular communication throughout the hiring process. The result is a high-touch, curated experience for both companies and candidates. Loophire says they address the critical gap in the hiring process — applicant experience. With more than two-thirds of job applicants reporting they have been turned off by a bad interview experience, companies cannot afford to be disengaged or unresponsive in a competitive jobs market. Loophire increases the probability of hire by 65% from “Introduction” to “Accepted Offer” through their streamlined approach. Because they deliver results at a fraction of the traditional cost, even smaller businesses and the qualified candidates they hire can access a superior hiring experience.---loophire.com https://hrtechfeed.com/silicon-prairie-startup-loophire-gets-300k-seed-round-for-assessment-tech/ Stoke, which operates in the freelance management system space, announced a $15.5 million Series A funding round. This was led by Battery Ventures, with participation from all previous investors and angels... To date, the company has raised $20 million. The investment allows Stoke to drive expansion and meet the rapidly growing demand from U.S. companies seeking to work more effectively in the changing workforce which includes both freelancers and full-time employees. Stoke was founded with the mission to help companies harness the power of the freelance revolution by simplifying the way they collaborate with the non-payroll workforce, which includes freelancers, contractors, consultants, agencies and gig workers. Features all-in-one platform that enables companies to hire top talents quickly,
Spokn offers 'Podcasts for Work' Platform
Podcasts are mainstream now so when I saw the news about Spokn, a startup which helps companies create their own audio I wanted to hear about what they are up to. Spokn’s customers create podcasts for employee engagement; onboarding; diversity, initiatives; and learning & development. Joining me to discuss the company is one of their co-founders, Mariel Davis. Learn more about your ad choices. Visit megaphone.fm/adchoices
Headlines from YellowBird, Eightfold, Cadient, Hibob and Pathrise
Eightfold AI, the provider of the Talent Intelligence Platform™, today announced its integration partnership with Greenhouse, the hiring software company, and availability of the Eightfold Talent Intelligence Suite for all Greenhouse customers. https://hrtechfeed.com/eightfold-talent-intelligence-suite-now-available-on-greenhouse/ Pathrise, the leading online mentorship and job placement platform for tech professionals, announced today that it has secured $9 million in Series A Funding — including $5.5 million in new equity capital and $3.5 million in venture debt. https://hrtechfeed.com/tech-job-placement-platform-lands-9m/ Another niche gig marketplace has launched….YellowBird, a nationwide gig economy marketplace that matches vetted Risk and Environmental, Health, and Safety (EHS) Professionals with businesses on-demand, has announced its raised $1.7 million in seed capital. https://hrtechfeed.com/ehs-gig-marketplace-raises-1-7m/ Cadient Talent, a human resources software company, today revealed its latest technology, which infuses machine learning and augmented intelligence (AI) to help organizations identify and hire employees more efficiently and increase quality of hire. Cadient Decision PointTM is a recommendation engine that works with any applicant tracking system (ATS) to instantly analyze all applicants and present hiring managers with a short list of top candidates from which to choose. https://hrtechfeed.com/cadient-talent-unveils-new-machine-learning-technology-to-redefine-how-companies-find-and-hire-hourly-workers/ Hibob, the HCM platform bob, announced its acquisition of Cassiopeia, a startup that developed AI-based workplace relationship analytics technology to help teams improve communication, collaboration, and work-life balance through advanced communication pattern analysis. https://hrtechfeed.com/hibob-continues-acquires-workplace-relationships-analytics-startup-cassiopeia/ Learn more about your ad choices. Visit megaphone.fm/adchoices
Terry Baker, CEO of PandoLogic
Conversational Ai ---aka recruitment chatbots are being acquired at a record pace, last week Stepstone, a job board company bought Mya and PandoLogic acquired Wade&wendy. These deals make a lot of sense because each is working to drive traffic to jobs and the conversational AI helps to qualify and screen those candidates. Explain the problem you are trying to solve with this kind of acquisition? Explain what what and wendy does for a company (user experience) You ran some pilots with Wade&Wendy what were those results like? Challenges in hiring right now...What kind of application rates are you seeing on your clients jobs these days...its tough to hire right now? Will all your customer get this tech? Or will it be an Add on? Rename it? How will you be explaining what you are going forward? Are you now a “sourcing and screening” tech platform? Whats the future of programmatic and how do you see conversational AI evolving on next few years… Any new product announcements? More potential acquisitions? Making plans for hr tech this year? Learn more about your ad choices. Visit megaphone.fm/adchoices
Top Headlines from Spokn, Workrise, DailyPay, Canvas, BrightHire
Congrats to Ziprecruiter is in order their stock debuted on the NYSE yesterday and closed the first day up 17%...it opened at 18 and closed at just over 21 bucks per share. The ticker symbol is ZIP in case you want to look it up. ---- Spokn, the podcasting platform for work, announced that it has closed a $4M Seed round with funding from NEA, Y Combinator, along with several other investors The financing will support further market expansion and enable Spokn to enhance the platform for content creators. Spokn was founded by Fawzy Abu Seif, Mariel Davis and Mohammed Galal and launched as an internal communications platform in November 2020. Since that time, Spokn has grown rapidly, attracting customers such as ServiceNow, Podium, Udemy, and others. Beyond internal communications, Spokn’s customers create podcasts for more effective employee engagement; onboarding; diversity, equity and inclusion; and learning & development. “Employees do their best work when they trust their leadership, are connected to their colleagues, understand their company’s direction, and feel motivated to contribute” said Fawzy Abu Seif, CEO and Co-founder of Spokn. “But existing tools weren’t designed to be the cultural connective tissue that remote or hybrid teams need. Podcasting is the perfect fit for reaching employees in the format they love – whether for messages from executives, staff spotlights, or stories on company history and values. Spokn is the only part of a company’s workstack that keeps employees connected while giving them a break from their screen.” Stay tuned to the pod because I’ll be interviewing Mariel Davis in a few weeks. As a podcaster I am very intrigued by what spokn is up to hear. https://hrtechfeed.com/podcasting-for-work-spokn-gets-4-million/ Workrise, (formely known as Rigup) the leading workforce management platform for the skilled trades, has raised a $300 million Series E round Workrise connects skilled laborers with infrastructure and energy companies looking to staff and manage projects efficiently. The company’s online platform matches workers with more than 500 companies in its network, manages payroll and benefits, and provides access to training. Founded in 2014 as a platform to match skilled laborers with companies in the oil and gas industry, Workrise has since broadened its business to serve companies and trade workers in the solar, wind, commercial construction, and defense industries. The company will use the latest investment to continue to expand into new markets served by its platform. https://hrtechfeed.com/workrise-gets-300m-series-e/ DailyPay, the on-demand pay solutions for enterprises, announced it has secured $500 million of capital. The company is announcing a $175 million Series D equity round led by Carrick Capital Partners with participation from existing investors. In addition, the company is announcing it has raised $325 million of credit capital from various sources. The Company intends to invest its newly raised capital in new market opportunities for its technology platform, in addition to extending its market leadership position in on-demand pay among the largest employers in the world. “This financing package creates a fortress balance sheet that we can deploy on behalf of employers and their employees,” said Scot Parnell, Chief Financial Officer at DailyPay. “The on-demand pay industry requires an exceptionally well-capitalized balance sheet to ensure the highest degree of service delivery, reliability and trust.” https://hrtechfeed.com/dailypay-raises-500-million-for-its-on-demand-pay-solution/ Jumpstart, a Diversity Recruitment Platform (DRP) who’s mission is to make the world more equitable, is rebranding as Canvas. The startup also announced $20 million in new funding. The company currently has 70 employees and expects to have 100 by the end of 2021. The Canvas Diversity Recruiting Platform is a fully virtual recruiting platform that is based on self-reported data. Unlike other solutions that might utilize inferred data that could be inaccurate or illegal, Canvas helps create a more accurate data set to identify diverse candidates, helping to solve the core problem of talent discovery. In fact, 56% of all hires on the Canvas platform are made from Under represented Groups (URGs), and the platform helps employers achieve a 30% reduction in time to hire. NOTE: the new name is the same as the text recruiting company acquired by Jobvite. That name appears to have been now sunsetted. The new Canvas has acquired the canvas.com domain. https://hrtechfeed.com/diversity-recruiting-platform-raises-20m/ BrightHire, the leading interview intelligence platform designed to empower companies with the unprecedented insight they need to make the best hiring decisions easily, today announced $12.5M in new funding. The raise will further the company’s investment in next-level analytics for measuring the quality, effectiveness and equity of interviews. The company also revealed t
Jobvite's New CEO Pete Lamson
Pete Lamson, former CEO of JazzHR now heads up the trio of Jobvite, JazzHR and NXTThing RPO. This merger is a big bet on the long term horizon for recruiting. Pete discusses the news in this 26 minute audio. Sponsored by Brazen.com/RT Learn more about your ad choices. Visit megaphone.fm/adchoices
Mergers, Profits and Feeling Stoked
StepStone, one of the world’s leading online job marketplaces, has acquired the San Francisco based, Mya, a conversational AI (artificial intelligence) technology. The company will embed Mya’s technology into its online job search. StepStone says they will fundamentally change the way it engages with job seekers, nurture candidates, and match them to right job opportunities. On top of just searching for jobs, StepStone will interact with its users conversationally through new channels to discover more about job seeker preferences, skills, and interests and increase the number and quality of matching job applications. The new technology will become part of StepStone’s Autonomous Matchingtm platform. Based on machine learning, conversational AI will enable job seekers to find matching job opportunities even without actively searching for them. The technology draws conclusions from talking to the candidate and then suggests suitable jobs via text message, WhatsApp or onsite chat. StepStone customers will benefit from improved matching and higher quality of hiring. Engaging with job seekers based on conversational AI will first be integrated in StepStone’s job marketplaces in English and German language. https://hrtechfeed.com/stepstone-acquires-mya-conversational-ai-software/ ZipRecruiter®, announced financial results for the quarter ended March 31, 2021. Quarterly revenue increased to $125 million, up 11% y/y In April, ZipRecruiter filed a registration statement with the U.S. Securities and Exchange Commission for a direct listing of its common stock. The Company’s registration statement was declared effective on May 14th, and its Class A common stock is expected to begin trading on the New York Stock Exchange under the ticker symbol “ZIP” on May 26, 2021. “In our first public earnings report, ZipRecruiter delivered record revenue in Q1. We are issuing guidance for the year that maps to the strong signs of recovery in the U.S. hiring market. We believe that we are in the early stages of a significant resurgence of job growth during the once-in-a-lifetime reopening of the economy after the pandemic. We are well-positioned to take advantage of this moment as we continue to actively connect people to their next great opportunity.” said Ian Siegel, CEO of ZipRecruiter. https://hrtechfeed.com/ziprecruiter-announces-first-quarter-2021-results-and-2021-guidance/ Phenom announced the launch of Phenom Hiring Manager, a powerful set of hiring tools that redesigns hiring, management and collaboration with recruiters. Phenom Hiring Manager is enabling managers to overcome these challenges and improve collaboration with recruiters to fill roles faster. The experience is tailored to their needs, and designed to reduce feedback loops that delay hiring, create poor candidate experiences and interfere with managers’ other responsibilities. Its functionality includes Discover and review candidate profiles Progress or reject candidates and provide feedback Initiate, automate and manage interview scheduling Access and evaluate on-demand video assessments Record a personalized video to share on job description pages Leverage Phenom AI’s fit scoring, intelligent matching and insights Thats it for this week... for all these stories vist hr tech feed dot com or look for the links in our podcast notes. ----- Upwork (Nasdaq: UPWK), has announced the launch of Talent Scout™, a recruiting solution that connects companies with pre-vetted expert talent selected from the Upwork platform by specialized Upwork recruiters. Talent Scout represents an additional way to access and engage talent and is part of Upwork’s ongoing focus on offering a dynamic, one-stop online talent solution serving customers’ full spectrum of talent needs. Talent Scout is currently available for clients located in the United States, Canada, the UK, Australia, and Israel. It will be available to additional countries soon. https://hrtechfeed.com/upwork-now-helps-you-find-pre-vetted-remote-freelancers/ Stoke Talent is launching customizable and automated Workflows for Onboarding and Offboarding non-payroll workers – such as freelancers, contractors, consultants and agencies – to make this process easier and risk-free for companies. Whenever a contractor is being onboarded to a company, they need to sign legal documents, provide payment information and tax documentation. The company should then run Know Your Customer and Anti-Money Laundering (KYC/AML) checks before payments, document any system or data access provided to the contractor, and track hardware equipment provided, such as laptops and company badges. Today, most of these activities are done by email and tracked through spreadsheets, making this problematic and creating potential significant risks to the company. Stoke Talent’s automated Onboarding and Offboarding Workflows automates all of the above processes. It enables legal, finance, and IT teams to set up policies that are enforced throughout the entire co