Rectech: The Recruiting Technology Podcast

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 ef

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?

SmartRecruiters, the recruiting software that I was once a client of announced it closed a $110 million Series E round led by Silver Lake Waterman with participation from existing investors... The new capital brings the company’s total amount raised to $205 million, with a valuation of $1.5 billion. This financing round comes on the heels of strong momentum for SmartRecruiters. In the last 12 months, the company has experienced 70 percent bookings growth behind its expanding product set—with new messaging and analytics capabilities built on its modern talent acquisition platform.  The new funds raised will be used to accelerate product development for SmartRecruiters’ leading talent acquisition suite in the areas of intelligence, automation and conversational interfaces. SmartRecruiters will also continue to expand go-to-market efforts across US, EMEA and APAC, and will provide on-the-ground support for its growing customer community and partner ecosystem. https://hrtechfeed.com/smartrecruiters-raises-110

A deep dive into what into TikTok new recruiting experiment.

 isolved has acquired predictive people analytics platform TrenData HR. The combination helps business leaders and HR professionals move from reactive to proactive human capital management (HCM) using sophisticated insights, simply delivered. The acquisition will help organizations of all sizes  – to maximize business and people outcomes from their HR data. TrenData HR harnesses external data sources and aggregates them with information from internal systems, applying sophisticated predictive artificial intelligence (AI) models to produce powerful visual insights wherever and whenever they’re needed.  https://hrtechfeed.com/isolved-acquires-predictive-people-analytics-provider-trendata-hr/ Remote, a leading HR tech platform and provider of global employer of record services and international contractor management, today announced it has raised a $150 million Series B round led by Accel. The shift to distributed employment created unprecedented demand for Remote’s services: since their $35 million Series

Shane Metcalf is the Chief Culture Officer at 15five. We talked about how the great resignation now underway in the labor market is affecting companies ability to attract and retain workers as well as what you can do about it for your organization.

LinkUp, the leading provider of global job market data, announced their recruitment advertising and job search business has been rebranded as Getwork. Getwork will continue to be powered by LinkUp’s labor market data business and its innovative, proprietary technology that indexes millions of verified jobs every day directly from employer career sites. As a separately branded business, Getwork will be entirely focused on connecting job seekers with the companies they want to work for. Getwork will provide jobseekers with the most streamlined search of the highest quality job listings, as well as offer solutions for employers in search of top-quality talent, like pay-per-click and targeted marketing campaigns, an extensive partner network, and valuable analytics to optimize recruitment strategies. LinkUp will continue to service data clients with the most accurate, real-time, and predictive job market data. LinkUp’s dataset includes 4 million daily active job listings from 60,000 companies and contains more

I found six unique onboarding ideas that you can use to make your new hires feel welcome.

ZoomInfo the go-to-market intelligence solution, today announced the general availability of the ZoomInfo Recruiter platform. ZoomInfo Recruiter is built specifically for recruiting teams to identify, target, and connect with top talent so they can fill open requisitions with the right individuals quickly and efficiently. Through the platform, staffing agencies, executive recruiters, corporate recruiters, and sourcers can uncover data such as work history, educational background, and department organizational charts to better understand candidates’ managerial, functional, and technical experience. Recruiters can apply preset filters in order to focus on specific initiatives, including diversity, equity, and inclusion. “ZoomInfo Recruiter gives recruiters an edge in identifying hard-to-find candidates,” said Henry Schuck, ZoomInfo Founder and CEO. “Recruiters can easily automate their identification of and outreach to candidates. In an increasingly competitive hiring environment, ZoomInfo Recruiter provides

Looking to hire tech talent? Try these 10 favorites. AuthenticJobs.com Angel.co Built In Dice.com F6S.com Hired.com Relocate.me Stack Overflow White Truffle Venture Loop

Standalone solutions....  Worqdrive: We are an internal mobility solution designed to make it easy for your employees to stay. | Link Gloat: Internal Talent Marketplace helps enterprises democratize career development, unlock skills, and future-proof their workforce. | Link Fuel50: Matches your people to new opportunities, vacancies, gigs, and learning based on their talents whilst giving your organization powerful insights. | Link Anthill: Designed to reach all types of workers, from corporate to retail and manufacturing, Anthill’s software engages with employees via mobile app.  | Link Feature inside HCM suite… Phenom https://www.phenom.com/internal-mobility Eightfold https://eightfold.ai/products/talent-management/ Workday | Recently Launched Workplace Talent Marketplace | Link SmartRecruiters https://www.smartrecruiters.com/recruiting-software/smartmobility/ PaddleHR https://www.paddlehr.com/internal-mobility Avature https://www.avature.net/internal-mobilit

Recruiting platform dotin Inc., which improves the recruitment and retention of new and existing talent, has released of their latest service module, PerFit-Diversity and Inclusion. The new module leverage AI to gather insights related to employee makeup, helping organizations realize the gender and ethnic diversity within their workforce.  https://hrtechfeed.com/recruiting-platform-dotin-inc-releases-new-diversity-and-inclusion-module/ Oyster®, the company that makes hiring talented people around the world compliant, human, and delightful, has raised a $50 million Series B funding round, led by Stripes with the continued participation of some existing investors. On the heels of the announcement of Oyster’s $20M Series A just this past February, this new Series B investment allows Oyster to expand its HR platform to more countries around the world and continue to empower globally distributed companies to succeed on the world stage. The team has grown 5X and the customer base has grown 8X so far in 2021

Diversity technology platforms are starting to spring up and get funding. The latest entrant into this market is Canvas formerly known as Jumpstart they recently raised a $20 million dollar funding round and we’ll get into that with our guest. TOPICS I want to get into the rebranding story but First of all what is canvas…? Describe what your platform does Tell us about the origins of business Rebranding, how do you arrive at the new name? How easy was it to get the domain? DRP….Explain the product/user experience Any success stories ? Plans for the new round of funding? Tips for diversity recruiting?

The U.S. Supreme Court has given LinkedIn another chance in its legal fight to stop HR technology firm HiQ Labs from scraping LinkedIn user data against the company’s demands.  The nation’s highest court this week issued a writ of certiorari, noting it may hear the case, but telling the appeals court to first redo its earlier decision in favor of HiQ. The court told the U.S. Court of Appeals for the 9th Circuit to retry the case in light of a recent Supreme Court ruling in a similar case. HiQ Labs, founded in 2012 in Silicon Valley, scrapes publicly available data, including LinkedIn member updates, and analyzes it to predict when workers are likely to quit their jobs. It then sells its conclusions to employers.  https://aimgroup.com/2021/06/15/top-court-gives-linkedin-another-chance-in-hiq-scraping-case/  Beamery is the latest company to enter the HR tech arms race, the company which calls itself a “talent operating system” that helps companies attract, engage and retain top talent, has announced US$13

While traditionally leading the recovery following recessions, experts predict five million Americans will need to find new employment coming out of the COVID recovery. But how can staffing companies put these folks back to work amid the shifts of business and services?  Well, According to Aaron Elder CEO of software company Crelate, a platform for staffing and recruiting firms, you do that with what he calls ‘transferable velocity”, meaning looking for skills that are applicable and movable from industry to industry in order to bridge the divide.

Eightfold is at it again. After raising a $125 million dollar round round last they just announced a $220 million dollar series E round. Wow. They are now valued at 2.1 billin dollars.   The funds will be used to continue the growth and development of Eightfold’s AI-powered Talent Intelligence Platform and expand its growing partner ecosystem.   Since the announcement of Eightfold AI’s Series D funding round in October of 2020, the valuation of the organization has more than doubled. This is a direct result of the significant momentum achieved by customers and partners in the public and private sector. The innovation delivered through a single Talent Intelligence Platform is the foundation for leading global organizations as they prepare for the acceleration of changes in jobs, demand of evolving skills demand and other post-pandemic shifts in the workforce.  “Powered by AI and machine learning, Eightfold’s platform provides global enterprises with a single solution for managing the entire talent lifecyc

Podcasts are mainstream now so when I saw the news about Spokn, a startup which helps companies create their own audio I wanted to hear about what they are up to.  Spokn’s customers create podcasts for employee engagement; onboarding; diversity, initiatives; and learning & development. Joining me to discuss the company is one of their co-founders, Mariel Davis.

Eightfold AI, the provider of the Talent Intelligence Platform™, today announced its integration partnership with Greenhouse, the hiring software company, and availability of the Eightfold Talent Intelligence Suite for all Greenhouse customers.  https://hrtechfeed.com/eightfold-talent-intelligence-suite-now-available-on-greenhouse/ Pathrise, the leading online mentorship and job placement platform for tech professionals, announced today that it has secured $9 million in Series A Funding — including $5.5 million in new equity capital and $3.5 million in venture debt. https://hrtechfeed.com/tech-job-placement-platform-lands-9m/ Another niche gig marketplace has launched….YellowBird, a nationwide gig economy marketplace that matches vetted Risk and Environmental, Health, and Safety (EHS) Professionals with businesses on-demand, has announced its raised $1.7 million in seed capital.  https://hrtechfeed.com/ehs-gig-marketplace-raises-1-7m/ Cadient Talent, a human resources software company, today revea

Conversational Ai ---aka recruitment chatbots are being acquired at a record pace, last week Stepstone, a job board company bought Mya and PandoLogic acquired Wade&wendy. These deals make a lot of sense because each is working to drive traffic to jobs and the conversational AI helps to qualify and screen those candidates. Explain the problem you are trying to solve with this kind of acquisition? Explain what what and wendy does for a company (user experience) You ran some pilots with Wade&Wendy what were those results like? Challenges in hiring right now...What kind of application rates are you seeing on your clients jobs these days...its tough to hire right now? Will all your customer get this tech? Or will it be an Add on? Rename it? How will you be explaining what you are going forward? Are you now a “sourcing and screening” tech platform? Whats the future of programmatic and how do you see conversational AI evolving on next few years… Any new product announcements? More potential acquisitions? M

Congrats to Ziprecruiter is in order their stock debuted on the NYSE yesterday and closed the first day up 17%...it opened at 18 and closed at just over 21 bucks per share.  The ticker symbol is ZIP in case you want to look it up. ---- Spokn, the podcasting platform for work, announced that it has closed a $4M Seed round with funding from NEA, Y Combinator, along with several other investors The financing will support further market expansion and enable Spokn to enhance the platform for content creators. Spokn was founded by Fawzy Abu Seif, Mariel Davis and Mohammed Galal and launched as an internal communications platform in November 2020. Since that time, Spokn has grown rapidly, attracting customers such as ServiceNow, Podium, Udemy, and others. Beyond internal communications, Spokn’s customers create podcasts for more effective employee engagement; onboarding; diversity, equity and inclusion; and learning & development. “Employees do their best work when they trust their leadership, are connected