May 14, 2021
INDIANAPOLIS — An on-demand screening platform called Qualifi which allows recruiting teams to phone interview 100s of candidates in minutes, has raised a $600,000 pre-seed investment.
The Qualifi platform enables recruiters to create seamless one-way interview experiences using audio and voice that candidates respond to over a standard phone call, eliminating back-and-forth scheduling, reducing communication times with candidates, and capturing better data to help recruiters scale screening efforts. Recruiters using Qualifi shave one week off their time-to-hire average.
“We’ve been recruiters ourselves and we spend so much time listening to our customers to understand the challenges they face, that we know exactly what they need from us,” said Darrian Mikell, CEO and co-founder of Qualifi. “This cash injection will allow us to build functionality into the platform much faster, expanding our capabilities to meet the specific needs of our customers in verticals like healthcare, call centers, and other fast-paced industries.”
Founded in 2019, Qualifi grew from the accelerator and Pitch Pardi programs from Be Nimble, a social enterprise supporting the growth of black tech ecosystems.
https://hrtechfeed.com/candidate-screening-tool-launches-with-seed-investment/
Outmatch, the Hiring Experience global leader, today announced it has acquired and will be joining forces with Amsterdam-based Harver, the leading provider of volume hiring software that digitally transforms the hiring process at scale.
Bolstering Outmatch’s Hiring Experience Stack™ of assessments, video interviewing, and reference checking with Harver’s one-of-a-kind platform for high-volume hiring creates an unprecedented offering that enables global enterprises to make smarter hires more efficiently. Candidates will experience a humanized, self-driven, and unbiased application process while employers capitalize on a streamlined, scalable solution that enables any high-volume hiring – from hourly to professional.
“We are incredibly excited to bring Outmatch and Harver together to form a solution that disrupts the pre-hire technology industry,” said Greg Moran, CEO of Outmatch. “The high-volume hiring process continues to innovate, and technology is playing a bigger role than ever. The combination of Outmatch and Harver will make us the absolute leader in the space to navigate companies through this transition,” he added.
With a combined 1,300 customers globally, the company expects to screen nearly 25 million candidates this year for some of the world’s top companies across the combined suite of solutions.
Outmatch has previously acquired Checkster, Furstperson and Launchpad making the harver purchase their fourth in the past year.
https://hrtechfeed.com/outmatch-acquire-amsterdam-based-harver/
TikTok is testing a tool for brands to recruit employees, sources tell Axios.
Details: The pilot program is designed to help people find jobs on TikTok and connect with companies looking to find candidates. It's also meant to help brands use TikTok as a recruitment channel.
https://www.axios.com/tiktok-job-hiring-tiktok-576f3b99-602c-46ac-afed-218ddf61a9ba.html
Legion, a workforce management tool redefining how enterprise companies manage and empower their hourly workforces,announced a $50M Series C investment round. The company plans to use this newly secured financing to build on its momentum to increase hiring and accelerate product innovation.
After a year of tremendous growth (391% year-over-year) driven by surging demand for Legion’s innovative workforce management platform, Legion’s Series C comes just nine months after the company secured a $22M Series B and brings the total amount of funding secured to $85.5M.
“Our mission of turning hourly jobs into good jobs is even more critical now,” said Sanish Mondkar, CEO and founder of Legion Technologies. “With the challenges faced by every industry in the past year, employers need flexible, efficient ways to engage with – and retain – their hourly employees. Using Legion WFM, employers can optimize their operations while increasing employee engagement, resulting in increased productivity and commitment.”
https://hrtechfeed.com/workforce-management-platform-gets-50m-in-funding/
According to TechCrunch, Blind has received a $37 million Series C funding round led by South Korean venture firm Mainstreet Investment along with Cisco Investments and Pavilion Capital, a subsidiary of Singapore sovereign wealth fund Temasek. The company had filed a Form D in late March for roughly $20.5 million, and the $37 million represents the final total fundraised.
Blind is building what it calls “Talent by Blind,” a platform for capturing this hiring intentionality and selling it to recruiters. The goal is to transfer people whose intentions might be, say, L5 engineer at a big tech company in Seattle to a separate platform that can be used as a top-of-funnel for company recruitment efforts.
https://hrtechfeed.com/anonymous-employee-app-blind-raises-37-million/
Handshake, the largest early career network helping millions of students from all backgrounds get hired and launch their careers, today announced its second $80 million round of venture financing within the past year, increasing Handshake’s investment total to $235.5 million and the company’s valuation to more than $1.5 billion. The company has more than doubled its revenue every year for the past three years, and is nearing $100 million in annual recurring revenue.
“Since leading Handshake’s Series B in 2016, we’ve been thrilled to watch the company become the clear number one way for students to find internships and jobs, and there is still so much opportunity ahead,” said Will Reed, General Partner at Spark Capital.Over the past seven years, Handshake has built a strong three-sided marketplace that focuses uniquely on the early talent sector, which includes students and other young professionals who are starting their careers and looking for an internship or their first few jobs.
Knowing that most students don’t start out with a professional network or experience-filled resume, Handshake differentiates itself from other career sites by helping all students build the relationships and skills they need to stand out, get hired and launch their careers, in-person or virtually, with no connections, experience, or luck required. Handshake brings together a network of 18 million students and young alumni …..On the employer side, there are now 550,000 companies using Handshake including 100% of the Fortune 500
https://hrtechfeed.com/handshake-lands-another-80m-in-funding/