Rec Tech: the Recruiting Technology Podcast Headlines from Phenom, Dice, Talroo, Workshop, Recruiter
Recruiting Technology Headlines
This week in Rec Tech: Phenom hits the mother load, Workshop gets funded, Talroo unifies its product suite, Dice adds features and Recruiter.com makes another acquisition.
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On to the news...
Phenom, the world’s most widely used AI-powered talent experience platform, today announced a $100 million Series D round. B Capital Group led the round, among other investors….The capital will let Phenom remain focused on fulfilling its purpose — to help a billion people find the right job - the company is now valued at 1.3 billion and one of their investors was quoted saying they will go public in the near future.
With new funding, Phenom continues to innovate its Talent Experience Management (TXM) platform for organizations adopting AI holistically in a post-COVID era. As a result, candidates find the right job faster; employees learn and evolve; recruiters discover best-fit talent with efficiency and scale; and managers make stronger data-driven decisions to build their future teams.
“At Phenom, we’ve always been a purpose-driven company, and that will never change,” said Mahe Bayireddi, CEO and co-founder of Phenom. “Since the beginning, we have rooted our platform in intelligence versus simply adding AI as a single tool or feature. This makes our AI dramatically different, and helps us cultivate a healthy talent ecosystem. Jobs are the foundation of thriving societies around the world. They provide livelihoods and help people reach their full potential. As organizations respond to a seismic shift in how they approach and manage talent, Phenom is scaling with conviction, so everyone has the resources to succeed in times of both volatility and stability.”
Congrats to the team at Phenom, they are one of only 15 companies in HR tech ever to receive a funding round of $100 million or more.
https://hrtechfeed.com/phenom-raises-100-million-series-d/
Dice, launched its enhanced Candidate Profile to highlight technologists’ unique skills and career accomplishments, maximizing their visibility to top recruiters and employers. The redesigned tool joins recently released Recruiter Profiles and Instant Messaging to establish an interactive and dynamic career marketplace, activating Dice’s deep tech specialization to empower recruiters, hiring organizations and technologists to build meaningful and mutually beneficial relationships that lead to career placements.
As part of the launch new features include;
Recruiter Profile: provides recruiters the opportunity to build trust and credibility with technologists by showing what sets them apart in their personalized profile.
Instant Messaging: enables real-time, transparent conversations between employers and technologists through the Dice platform, building immediate credibility and trust on both sides of the relationship.
https://hrtechfeed.com/whats-new-in-hr-tech-dice-suitisoft-kazoo/
Workshop, an employee communications platform for sharing and finding important internal data, has raised a $3.5 million seed round. The round included a group of prominent Midwest venture funds and angel investors, including Ludlow Ventures, M25, and Linseed Capital.
Workshop’s seed round is almost entirely composed of local and regional investors, which continues the co-founders’ vocal support of the Midwest as a hub for great technology and startup opportunities.
The startup plans to use the funds to build out a world-class team that can continue to build an amazing product, with a current focus on recruiting engineering talent.
Workshop also announced the official launch of their new employee communications platform, which includes a streamlined way to share important internal updates, as well as an option for an all-company hub.
Built to cut through the noise with relevant news and urgent updates, Workshop functions as a single source of truth for important internal information. For the communicator, it’s easy to create targeted, well-designed messages in minutes, and send them to a specific audience via email, text, or Slack.
The startup also offers an all-company hub to centralize all of a company’s most important information. It offers common intranet features with a great user experience, including personalized updates, pinned resources, an employee directory, and global search.
For more information go to useworkshop.com.
https://hrtechfeed.com/employee-communications-platform-raises-3-5-million/
- Recruiter.com acquired Upsider.ai, an artificial intelligence sourcing software that automates candidate identification and engagement for enabling employers to make the best hires.
- "Upsider.ai's AI-based scoring engine analyzes millions of data sources to identify qualified candidates faster, cutting through the inefficiencies of the often unpredictable and traditionally expensive recruiting process," CEO Evan Sohn commented.
- The acquisition was closed on Mar.26 through an asset purchase agreement and was paid mainly in restricted common stock.
- Upsider.ai's AI-based scoring engine and platform use machine learning and data science to help hiring teams quickly identify and engage the right talent.
Talroo, annouced the release of Talroo Ad Platform (TAP), an all-in-one platform agnostic solution that brings Talroo’s existing products together in a single talent attraction gateway.
Those solutions include profile-driven programmatic job advertising product Talroo Pro, hiring events advertising product Talroo Events, and recruitment marketing analytics product Talroo Insights. This unification enables clients to view and modify campaigns in real time, activate jobs, and turn jobs into hiring events on-demand.
“Talroo Ad Platform is coming to market at a critical time for employers. We’re seeing unprecedented demand for workers right now, as the economy starts to reopen and there’s light at the end of the tunnel after such disruption to the job market. Talroo Ad Platform gives clients access to their job advertising campaigns instantly and enables them to turn those jobs into hiring events quickly and easily,” said Talroo CEO Thad Price. “We’re reducing friction so employers can attract candidates at scale and use whatever talent acquisition software or strategy they are currently leveraging to make hires.”
Thats it for this week... for all these stories vist hr tech feed dot com
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