Rec Tech: the Recruiting Technology Podcast Headlines from Jobiak, Fountain, Codi, myInterview and CodeSignal
Recruiting Technology headlines
Im chris russell here are your rec tech headlines for the week of Dec 7th
Jobiak announced the launch of its ‘All Jobs‘ AI-based Global Jobs Distribution Platform (GJDP), a one-stop source to 100% of all jobs in real-time. Located at alljobs.ai, its a platform that provides access to every available online job, updated in real-time and with meta-search capabilities, making it easy to find relevant jobs.
Free to seeker and employers, The AllJobs Job Board allows access to all jobs obtained directly from employer career sites in one place allows job seekers to find and apply directly on employer career sites without having to sign-up, pay, login, upload a resumé, etc.
“Our immediate goal is to fast track the reduction of unemployment by making it free, easy, and convenient to both job seekers and givers. It is truly a unique free one-stop service where the job seeker can find jobs on the AllJobs platform and apply directly on the employer career site whilst employers don’t have to pay anything to have their jobs posted... said Mallik Penamatsa, Advisory Board member.
Jobiak’s first product focused on unleashing the recruiting power of Google for Jobs for businesses who were struggling to get their jobs found on Google. With the launch of the AllJobs platform, Jobiak adds another unique product to its portfolio. With its ability to provide access to any job and fully leverage the power of Google to drive 2-20x applicants to its partners, makes it an ideal technology partner for those looking to find unique ways to grow their recruitment business.
https://hrtechfeed.com/jobiak-launches-own-job-search-engine/
Fountain, the enterprise high-volume recruiting platform, today announced the initial release of its mobile app, allowing recruiters and hiring managers to source, screen, and hire on the go. Available on both iOS and Android platforms, the app provides secure, flexible handling of applicants and job openings — making sure employers don’t miss a beat when it comes to hiring the best talent.
The new mobile app puts all of an employer’s locations, applicants and interviews in one place. It helps employers move talent through the pipeline quickly, by keeping them engaged through in-app text or email, thus reducing time to fill. Running late for an interview? No problem, now easily communicating that is just a text away. Need to move an applicant to the next stage or boost your funnels? Easy peasy. The app puts basic hiring needs such as these, including posting to 80+ job boards in less than two minutes, at the fingertips of the recruiter or hiring manager.
“The launch of our new mobile app allows us to continue our mission, providing opportunities to the global workforce by streamlining the experience for both the recruiter and the applicant. We know life gets busy and chaotic, and being able to perform simple hiring tasks on the go helps make it a little easier for our customers,” said CEO, Sean Behr.
https://hrtechfeed.com/high-volume-ats-fountain-launches-new-mobile-app/
CodeSignal, a San Francisco based technical assessment platform dedicated to helping companies #GoBeyondResumes in tech recruiting, announced $25 million in Series B funding. This round, which brings CodeSignal’s total funding to $37.5 million, was led by Menlo Ventures
Founded in 2015 CodeSignal is disrupting the traditional recruiting market, helping recruiters and hiring managers conduct unbiased pre-employment screenings for technical roles more efficiently and at scale. The company’s Coding Score™ allows companies to quickly evaluate technical qualifications at the very top of the funnel, just like Credit Score for the lending industry and SAT scores for college admissions. Fueled by 3.5X year-over-year growth, and with millions of assessments conducted on the platforms by customers including Brex, Databricks, Instacart, Robinhood, UpWork and Zoom. CodeSignal will use this round of funding to continue the rapid expansion of its go-to-market team. The new funding will also enable CodeSignal to partner with key players in the technical hiring industry to deliver a more holistic hiring solution.
CodeSignal’s Certified Coding Assessments provide an objective measure of a candidate’s qualifications, enabling recruiters to compare several scores and strengths at once before hiring decisions are made. The platform allows companies to set their own threshold for qualifications and customize assessments with comprehensive testing options for each team and job opening and safeguards against cheating. By standardizing the technical assessment process, CodeSignal is changing hiring culture and focusing on the applicant who can do the job and do it right.
SYDNEY and TEL AVIV, Israel, —myInterview, a smart video interview platform prioritizing personality in the hiring process, today announced a $5 million Seed round ...The funding will be used to expand the company’s sales, product, and R&D teams as it continues to grow in the US and UK markets and around the world. myInterview had previously raised $1.6 million in pre-seed funding, which included investment from former LinkedIn executive Cliff Rosenberg.
Video interviews – conspicuously absent from the standard application process in this video age – enable companies to rethink how they find their most important resources: their employees. By highlighting candidates’ personalities, soft skills, and workplace compatibility with company culture – key features missing in one-dimensional resumes – myInterview enables character to feature more prominently in the application process. The platform streamlines recruitment for businesses and applicants alike by utilizing pre-recorded (asynchronous) video interviews that allow candidates and reviewers to fit the interview into their schedules.
The demand for video interview tools has climbed sharply in the wake of remote working and social distancing norms, and helped fuel myInterview’s rapid growth, including a significant rise in new users on the platform and a 500% increase in Annual Recurring Revenue since 2019. myInterview is already being used by over 2,000 companies globally including Ocado, B&M, and P&O Ferries. myInterview has also worked with Facebook Career Connections and has a strategic partnership with reed.co.uk, the UK’s #1 job site.
“The way companies recruit talent is outdated and doesn’t provide the necessary level of insight into applicants required by HR professionals,” said Benjamin Gillman, CEO and Co-founder of myInterview. “A video is worth a thousand resumes. By utilizing video interviews, we help businesses prioritize personality and cultural fit, optimizing the screening and selection process by ensuring that the applicants who are the best fit are moved to the head of the line. We use video in so many facets of our lives – recruiting and hiring are finally catching up.”
https://hrtechfeed.com/video-interview-platform-myinterview-raises-5-million-seed-round/
Lastly another company out of San Fran got funding last week and I think it might be one of the strangest startups to get funded in our space. This one is called CODI...
Codi thinks many people find working from home a challenge due to a shortage of space, roommates, partners, children, and lack of work/life separation.
In response, Codi, the first company to offer daytime workspaces in private homes, announced today that it has expanded to New York, where the company is working with employers to arrange for safe, private working spaces in employees’ own neighborhoods, enabling them to walk to work and avoid long commutes.
Codi also announced that it has raised $7M in funding from several investors ...that includes a previously announced 2018 pre-seed round of $1.65M.
Codi says they are sparking a walk-to-work movement by providing people with access to workspaces right in their neighborhoods. Companies can have dedicated Codi workspaces that exclusively serve their teams – allowing single employees or small groups to work together, locally but privately. To start, Codi is offering its service in Manhattan, Brooklyn and Northern NJ. Already, Codi has lined up 100+ hosts and hundreds of members, who have access to Codi via their employers.
I dont know about you but I’m not sure why need a platform to go work at somebody else’s house...maybe it just me.
https://hrtechfeed.com/codi-raises-7-million-to-offer-daytime-workspaces-in-private-homes/
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