Rec Tech: the Recruiting Technology Podcast 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 experiencesRecruiters 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
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/
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