Rec Tech: the Recruiting Technology Podcast

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

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

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

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, 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 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, 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

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

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

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