Top 10 Recruiting and hiring software

Important news about Recruiting and hiring software

2022. HR platform WorkTorch raises $2.2M seed round



WorkTorch, a company that until recently called itself QuickHire, has triumphantly announced a seed round of $2.2 million. Now, the term "seed round" conjures images of something rather more serene and leafy than the frantic world of job hunting, but there it is. Since its grand debut last April, the platform has managed to collect over 40,000 hopeful service industry souls, all keenly in search of gainful employment, and schedules at least 1,000 interviews a month — a number that sounds impressively large until you realize it only scratches the surface of humanity's eternal struggle to earn a living. As if that weren’t enough excitement, WorkTorch is also rebranding itself with what can only be described as feverish enthusiasm, offering a new career development portal so users can ponder the mysteries of their professional journeys and bond with like-minded wanderers. Employers, meanwhile, will gain access to retention tools that let them gaze at vast seas of national and regional data trends while also receiving the kind of employee feedback that one suspects is best taken with a stiff drink in hand.


2022. Calendly acquires Prelude to drive into the recruitment sector



In the grand and whimsical universe of scheduling, where minutes are mysteriously lost and meetings materialize without warning, Calendly has emerged as the galaxy’s most reliable hitchhiker’s guide to getting people in the same virtual or physical room. With a dedicated user base of over 10 million intrepid time-travelers, Calendly has made it blissfully simple for mere mortals to book appointments, plan gatherings, and orchestrate anything requiring at least two humans to align their cosmic diaries. But now, under the formidable shadow of tech giants like Google and Microsoft (who prefer, naturally, to monopolize time itself), Calendly has embarked on a mission to shake up the spacetime continuum in the name of progress. The company recently snapped up Prelude, a scheduling expert from the strange and bureaucratic land of job recruitment, signaling Calendly's ambitions to create products with the uncanny precision required by HR departments. This bold venture marks a curious shift in Calendly's cosmic journey: rather than staying the humble, all-purpose toolbox for every being in the universe, Calendly is bravely zeroing in on specific constellations—starting with HR.

2022. Ashby lands $21.5M to automate key aspects of recruiting



Ashby, a new recruitment platform emerging from stealth, has raised $21.5 million in equity funding. Ashby is replacing solutions from providers like Greenhouse and Lever with algorithms — specifically scheduling and profiling algorithms. The platform claims to use AI to automatically identify suitable times for both interviewers and candidates and to deduce demographic data such as gender and ethnicity, which clients use for aggregate analysis of diversity, equity and inclusion (DEI) hiring metrics. Ashby is streamlining recruitment tools for companies with double-digit employee numbers. Its automation of tasks like sourcing and scheduling provides significant advantages for small recruiting teams.


2022. Fetcher raises $27M to automate aspects of job candidate sourcing



Fetcher, the talent acquisition platform formerly known as Scout, has recently secured $27 million in a Series B funding round. Using a Chrome extension, Fetcher’s platform integrates with ATS solutions as well as Gmail and Outlook, enabling recruiters to source candidates directly from LinkedIn. Fetcher categorizes job seekers into predefined email workflows, providing analytics that include progress towards diversity objectives at the individual, team, position and company levels. Fetcher also utilizes predictive modeling to automatically assess the interest of job candidates based on their responses and features “automated sourcing,” which operates in the background to move applicants through screening processes using automated emails.


2022. Byteboard nabs $5M seed to change the way engineers get hired



Engineer-recruiting startup Byteboard has announced a $5 million seed funding round. Byteboard is a software-based solution that assists companies in replacing their on-site technical interviews with a project-based interview, designed to expedite hiring through a more positive, streamlined and practical interview process. In addition to altering the assessment methods, Byteboard anonymizes the data returned to hiring managers to further minimize bias. They focus solely on skills and competencies, without knowing any additional information about the candidate’s appearance until the in-person interview stage.


2021. HR tech startup Sense raises $50M



In the grand and often baffling universe of HR tech, Sense has emerged as something of a Ford Prefect among startups—effortlessly zipping through the laborious galaxies of staffing and recruitment to help some of the planet’s largest agencies discover and onboard talent with near-magical efficiency. Now boasting a valuation of $500 million following a $50M financing round, this ingenious enterprise has set its sights on the ever-elusive blue-collar worker, guiding firms through the labyrinth of talent lifecycle management with the grace of a Vogon avoiding poetry. Employing automation, artificial intelligence, and a touch of personalization wizardry, Sense has charmed over 600 customers, including Amazon, Sears, Vaco, and Kenny, who use the platform to supercharge their hiring efforts. According to Sense's own data—which they assure us doesn’t involve improbability drives—users experience an extraordinary 263% leap in candidates screened and cut the time to fill roles by a staggering 81%, leaving other methods looking about as effective as a towel in a rainstorm.


2021. Maritime recruitment platform Seafair gets $5.7M



In a world where sending millions of tons of goods across vast, unpredictable oceans is somehow considered routine, the folks aboard these colossal metal beasts are crucial—yet the process of hiring them remains as clear as murky bilge water. Amidst convoluted hiring procedures that would baffle a Vogon, many seafarers are left in the dark about key details like pay or the actual conditions on the ships they’ll be calling home for months. Enter Seafair, a maritime recruitment platform that arrives with the fanfare of a really impressive towel, ready to sort out the mess. Seafair bravely vets both seafarers and shipping companies, deploying cunning algorithms to match crew members with the ideal vessels based on background, skills, and performance, all in a bid to make filling positions ever so slightly less labyrinthine. It even provides HR software to consolidate the data of vessel operators, who typically store it across assorted ERP systems and spreadsheets with all the organization of a Vogon poetry recital. Currently, Seafair is focusing on senior officer roles—chief engineers and ship masters—the roles that require qualifications and certifications so complex they’d make even the most seasoned bureaucrat’s eyes cross.


2021. Remote hiring startup Deel raises $425M



Imagine, if you will, a universe where hiring remote talent isn’t a labyrinthine ordeal fraught with red tape and soul-crushing paperwork. Enter Deel, a startup that seems to have cracked the code of intergalactic employment. With demand skyrocketing faster than a Vogon poetry recital clears a room, Deel boldly promises that businesses can hire employees and contractors across the cosmos — or at least the planet — in less than five minutes, with nary a need for a local entity. Oh, and for the truly adventurous, it offers the ability to pay teams in over 120 currencies with “just a click,” which one suspects might be less of a click and more of an enthusiastic beep of approval from a smugly satisfied AI.


2021. Recruiting operations platform ModernLoop lands $3.3M



In the grand, bewildering cosmos of hiring processes, where recruiters often find themselves lost in the infinite corridors of spreadsheets and manual tasks, ModernLoop has boldly stepped forward, raising $3.3 million to chart a smoother path. Think of it as a somewhat miraculous black box that not only automates all those repetitive, sanity-draining tasks but also orchestrates interviews with the care and precision of a particularly attentive robot butler, ensuring the right—and wonderfully diverse—folks are in the hot seat. This platform even offers a shadowing experience that lets aspiring interviewers watch the masters at work and gracefully connects the dots between company and candidate via Slack, leaving everyone more informed, less bewildered, and—most importantly—less likely to lose their minds.


2021. Recruiting platform Gem raises $100M



Gem, the company that empowers organizations to undertake proactive recruitment—by sending numerous emails, organizing events, running branded email campaigns and investing in ads to connect with talent—has secured $100 million in Series C funding. Gem is experiencing adoption from major enterprises and plans to expand internationally in the coming year, targeting Western Europe and parts of Asia Pacific. The company aims to utilize the new investment for market expansion as well as for boosting its sales and marketing efforts. Out of its more than 800 clients, Gem highlights over 100 unicorns, including Gusto, Sift and Cockroach Labs. It has tripled its revenue over the past year and doubled its customer base.