Rectech: The Recruiting Technology Podcast

Diversity Job Marketplace Canvas.com which rebranded itself last year from Jumpstart, was recently ordered to stop using the Canvas.com domain by a judge. Canvas is currently leasing the domain. This is according to a story by BleepingComputer. In the article, “Learning management platform Instructure claims the domain name Canvas.com and its logo contain elements that conflict with Instructure’s Canvas product and line of business.“ Canvas says they are appealing the ruling. https://hrtechfeed.com/canvas-com-facing-legal-dispute-over-domain-name-trademark/ SeekOut, the AI-powered Talent 360 platform, has just raised a $115 million Series C investment round led by Tiger Global Management. The round values the company at more than $1.2 billion in just four years, reflecting a 2.6x increase in valuation since its Series B in March 2021. The news comes on the heels of the business increasing ARR by more than 3x in the past year. https://hrtechfeed.com/seekout-raises-115-million/ HealthGigJobs Services, I

Andela.com is a global marketplace of technical talent. CEO Jeremy Johnson stops by to tell us the origins of this recruitment platform that recently got $200 million in funding.

PayFit, a leading payroll and HR management solution for SMEs, today announced that it has raised €254M in a Series E funding round, a record-breaking amount for a French human resources (HR) startup. General Atlantic, a leading global growth equity firm, led the round, with participation from existing investors Eurazeo, Bpifrance and Accel Ventures.  Since its founding in 2015, PayFit has gained over 6,000 clients, and has raised €179M to date https://hrtechfeed.com/french-startup-payfit-raises-e254m-for-its-payroll-hr-software/ Runway Growth Capital, a provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, today announced the close of a senior secured term loan commitment of $65 million to Snagajob.com, the marketplace for hourly jobs and shifts. The Snagajob deal marks another investment for the expanding Runway venture debt portfolio, which seeks to capitalize on a growing market opportunity in which larger, more established businesses are

Facebook is shuttering its public jobs marketplace. Alex Murphy, CEO of Jobsync stops by to talk about what happened.

TriNet, a leading provider of human resources solutions for small and medium-size businesses(SMBs), today announced it has entered into a definitive agreement to acquire Zenefits.  Details of the stock and cash transaction were not disclosed. Zenefits is a leading cloud HR platform which provides innovative and intuitive HR, benefits, payroll and employee engagement software purpose-built for small and medium-size businesses.  Through the acquisition of Zenefits, TriNet diversifies its product offering to include an Administrative Services Organization (ASO), enabling TriNet to dynamically service SMBs throughout their lifecycle.  Upon deal close, Zenefits will become a wholly owned subsidiary of TriNet and Francisco Partners will become a TriNet stockholder. TriNet is also expected to become a preferred supplier of PEO and HRIS services to Francisco Partners portfolio companies across the country after closing. The acquisition is expected to close in the coming months, subject to customary closing condi

The crew wraps up the year in recruiting and HR tech. TOPICS What we'll remember about this year? Have we hit peak HR tech funding? What will hiring be like in 2022?

Clovers a human resources technology firm leveraging interview intelligence to improve interviewing and hiring practices, today announced Zoom Video Communications, Inc. has invested in the firm via its $100 million Zoom Apps Fund.  https://hrtechfeed.com/clovers-secures-investment-from-zoom-for-its-interview-platform/ HR technology company HiBob rolls out its Payroll Hub, a centralized dashboard on the Bob platform that automatically updates companies’ payroll data in real-time. Effectively managing payroll is one of the biggest pain points for HR teams and has become increasingly complex as workforces have become geographically dispersed and increasingly dynamic with a mix of both full-time and contract workers. The tool addresses this challenge directly with a user-friendly design and capabilities that allow companies to serve all workers – whether they are full-time, freelance, or in another country.  https://hrtechfeed.com/hibob-launches-a-payroll-hub/ GoodJob Software LLC announced that it has bee

Jobandtalent – a workforce marketplace that matches workers with temporary roles – announced it secured $500 million in equity investment from Kinnevik and SoftBank Vision Fund 2, closing out its Series E round. https://hrtechfeed.com/jobandtalent-lands-500m-to-expand-in-u-s/ Metaview the interview intelligence tool based in Londo has raised 6 million in new funding. This investment will “help us accelerate in our mission to power People decisions with truth by enabling us to rapidly grow our phenomenal team. We're hiring builders on all fronts: engineering, design, sales, marketing, customer success, and operations.” https://hrtechfeed.com/weve-raised-a-6m-seed-to-power-people-decisions-with-truth/ Upwork (NASDAQ: UPWK), the world’s work marketplace that connects businesses with independent talent, today announced the launch of its “The Perfect Fit” brand campaign. The campaign showcases how businesses can gain a competitive advantage and solve talent gaps exacerbated by the Great Resignation by t

VideoMyJob CEO David Macciocca said on Linkedin this week that the Australian based video startup has raised $2 million in new funding. “With the new round of funding, we’ll accelerate our innovations that continue to make VideoMyJob the best video solution for Talent Acquisition, Employer Brand and Recruitment Marketing teams worldwide.” https://hrtechfeed.com/videomyjob-raises-2-million/  Workday, Inc. a leader in enterprise cloud applications for finance and human resources, has entered into a definitive agreement to acquire VNDLY, an industry leader in cloud-based external workforce and vendor management technology.  With VNDLY, Workday will provide organizations with a unified workforce optimization solution that will help organizations manage all types of workers—salaried, hourly, contingent, and outsourced—and support a holistic talent strategy, including insight into costs, workforce planning needs, and compliance. https://hrtechfeed.com/workday-to-acquire-vndly/ Jobvite has announced the speake

Leslie McIntyre is one of my oldest friends int he HR industry, She has a new book about and a new HR consulting firm. https://culpeohr.com Buy her book: Framing Success: 20 Essential Lessons for Achieving Entrepreneurial Greatness... https://www.amazon.com/dp/B09C6KTJCH/ref=cm_sw_r_tw_dp_Z7WNZ2YNK4FEB0YTJVCM  

Linkedin now lets users choose which type of job preferences they want to be found for. These include on-site, remote and hybrid. It’s a sign that job types have permanently changed. User can now edit these settings in their profile. https://hrtechfeed.com/linkedin-adds-remote-work-preferences/ After acquiring Harver back in May, digital hiring solutions provider Outmatch rebrands to Harver and continues to develop the world’s leading volume hiring solution for hourly and professional roles. The unified Harver platform will combine the capabilities of both Outmatch and Harver, creating one powerful solution purpose-built to solve the complex volume hiring challenges organizations are facing today. “Outmatch’s extensive science and product capabilities, combined with Harver’s dedicated volume hiring solutions, have already proven to be a truly winning combination” said Jim Trimarco, Chief Revenue Officer of Harver. “We’ll move forward under the Harver brand, and together we can now provide a full-service s

New research from InFlight Corp suggest employers still have too long of an apply process. Designing and executing a quantitative study of your company’s apply flow is a complicated undertaking. Many organizations have pieced together in-house and external systems to achieve their intended goals without considering the overall quality of the candidate experience. With so much competition for workers, organizations cannot afford to have systems that provide a candidate experience that undermines their talent attraction goals.” InFlight’s research report is complimentary. To download the report, please visit: https://www.inflightintegration.com/apply

Seasoned announced that it has raised $18.7 million in Series A financing to help expand its hiring platform and restaurant worker network to new markets. The financing comes on the back of a $12 million seed round raised in June 2021, bringing its total raised to more than $30 million this year. In July 2020, Seasoned relaunched with a next-generation, mobile, app-based recruitment and hiring tool for restaurants that complements its employee networking platform. On the back of releasing this next generation hiring product in Dallas, Seasoned has partnered with more than 300 national and local restaurant brands that own and operate more than 100,000 locations across the country, and has added Houston, Austin, Orlando, and Miami to its platform. The proceeds from the financing will be used to support Seasoned’s expansion into new markets and continued enhancements to its products. Learn more at seasoned.co https://hrtechfeed.com/restaurant-hiring-platform-raises-nearly-19-million-in-funding/ Bullhorn®,

There’s a new HR tech player in town and its name is Pillar.hr….Pillar is all about the interview process and interviewer coaching which they say is key to providing better candidate experiences & increasing acceptance rates. Joining me on this episode is their CEO and Founder Mark Simpson. Pillar is offering a limited number of free trials to Rec Tech listeners. If your organization is interested, schedule a demo at pillar.hr/rectech.

Lever, a leading Talent Acquisition Suite, has completed a $50 millionSeries D funding round with the Apax Digital Fund. The funding comes as the market for talent acquisition is continuing to heat up, and companies face the most competitive market for hiring and retaining talent to date.  The investment in Lever will accelerate solution development in talent analytics, top-of-funnel talent discovery, and diversity, equity, and inclusion (DEI) as well as support growth in new markets, and continued product innovation. https://hrtechfeed.com/lever-raises-50-million/ Fountain, the world’s leading all-in-one applicant tracking system for high volume hiring, today announced $85 million in Series C financing, led by SoftBank Vision Fund 2* with participation from B Capital Group and Mirae Asset Venture Investment, and existing investors DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital and Uncork Capital.  This new round follows strong company momentum in 2021 as revenue grew 220% year-over

Onwards HR an employee termination platform for HR won this years pitchiest. Here is the audio from the final round of 6 startups.

TWIRT this week in rec tech Stride Health, the leader in portable benefits for independent workers, announced that it has raised a $47 million Series C, bringing its total funding to $96M. The round was led by King River Capital with participation from Mastercard and Allstate along with existing investors Venrock, NEA, Fidelity’s F-Prime Capital, and Moderne Ventures.   https://hrtechfeed.com/stride-raises-47m-to-provide-affordable-benefits-for-independent-workers/ Upwork has announced Virtual Talent Bench, a series of features that makes relationship building central to the customer experience on Upwork by empowering clients to discover, organize, revisit and hire the independent talent they trust, collaborated with to drive successful outcomes or want to work with in the future.  Virtual Talent Bench features enable clients to establish a network of top independent professionals they can work with time and time again on their most critical projects or to complement skill sets on their full-time teams.

Special episode today ...we have 2 guests for you Gina Alioto is the VP of Brand and Experience with Symphony Talent and Sherri Ratliff is a director of TA at T-mobile...both are here to walk us through their recent presentation from the HR technology conference…around the topic of HR technology adoption.

interviewIA — an interview platform that empowers interviewers to quickly build and deliver more effective interviews and more efficient hiring decisions — has launched its new free and paid team subscription model to put better interviewing in everyone’s hands. https://hrtechfeed.com/interviewia-launches-freemium-interview-software/  Hunt Club, a tech-enabled talent and recruitment company placing leadership roles across the fastest growing companies in the tech sector, has raised a $10M Series A from Teamworthy Ventures to further the development of their Talent Expert Network, candidate referral technology, and their growing high-performance recruiting team. In a few short years, Hunt Club’s Talent Expert Network has grown to over 12,000 experts, connecting 6 Million quality candidates through people and technology. With Hunt Club, a search for talent is focused on quality – not quantity. https://hrtechfeed.com/hunt-club-raises-10m-to-help-high-growth-companies-hire-faster-with-candidate-referrals/

In this audio you'll hear from Doug Leonard of Clovers.ai, Eric Smith from TalentCare and Gal Amog from Talenya.