Come to the the Diversity Tech Expo on October 7th at 2pm ET.
or use diversitytechexpo.com as the shortcut. A replay will be available.
Weitere Episoden von „RecTech: the Recruiting Technology Podcast“
HiBob says hello to millions
7:09Pillar, an interview intelligence platform, is announcing its launch today. The platform leverages AI and in-interview coaching to provide companies with a more reliable way to assess a candidate’s fit for a role during the interview process With the launch, Pillar adopts and expands upon the initial vision and product built by Luma, an AI-based interview tool that launched out of High Alpha earlier this year. https://hrtechfeed.com/pillar-launches-interview-intelligence-platform-to-help-companies-grow-better-with-every-hire/ Hirect, an AI-driven mobile hiring app that recently launched a $1 millionStartup Program to help fellow startups earn exposure and fill high priority positions with motivated, qualified candidates – for free. Chosen startups receive free marketing on various social channels with the goal of reaching a million impressions across platforms. Selected CEOs and founders are invited to participate in virtual hiring events hosted by Hirect and its partners. The Program is open to startups nationwide, with 10 participating in the campaign to date and more in the pipeline. https://hrtechfeed.com/next-generation-hiring-app-pledges-1-million-in-support-of-fellow-startups/ Hibob – the company behind ‘bob’, the HR platform that is changing the work experience for fast-growing, mid-sized businesses and their employees – today announced $150 million in Series C funding. https://hrtechfeed.com/hibob-secures-150m-series-c/ SparkPlug is an employee rewards and campaign management platform built specifically to increase revenues, retention rates, and marketing ROI for brick-and-mortar restaurants, retailers and the consumer goods companies they work with has announced they have received 2.5 million in new funding.... Companies that use SparkPlug can incentivize frontline workers and in-store sales staff to influence purchasing outcomes by launching sales-based commission and reward campaigns. https://hrtechfeed.com/sparkplug-gets-3-5m-to-improve-life-for-frontline-workers/ Eightfold’s Talent Intelligence Platform now features: A consumer-grade user experience which increases internal development, paired with intelligent onboarding. The result is a highly personalized experience that benefits the organization and employee alike. Real-time deep analytics on skills that allows the organization to view detailed insights on the skill strengths and gaps across all employees and hiring prospects. Customizable dashboards that facilitate a deeper and more relevant understanding of the organization. An easily navigated Career Hub that matches employees to internal roles, projects, mentors, and learning courses aligned with their desired career path. Automated and tailored career pathing, which predicts future role fits based on inferred and adjacent skills, and surfaces best-fit growth opportunities to employees, including lateral and non-traditional career moves. https://hrtechfeed.com/the-ai-powered-employee-experience-arrives-as-eightfold-ai-rolls-out-self-service-capabilities-and-new-reporting-dashboards/
Recapping HR Tech Conference
1:00:28Here's a quick recap of my trip to the HR Technology Conference in Las Vegas. You'll also hear a chunk of what Josh Bersin had to say on the state of HR tech.
BrightHire, The Mom Project Get Big Funding
6:02Smart 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 experiences Recruiters 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 https://hrtechfeed.com/recruiting-operations-platform-modernloop-lands-3-3m-to-create-better-technical-hiring-experiences/ 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/
Employer decides to ditch the resume!
20:19TEAM LEWIS, the global marketing agency, today announced that it is retiring the resume. The initiative is one of many aimed at opening doors to career changers and non-degree holders. It will offer job seekers the opportunity to choose a career based on what they want to be and how they want to change the world. "In a world that is relentlessly digital, video-first and unbound from convention, we have to recognize that the unique combination of talent and aspiration we're looking for can and does come from anywhere and everywhere," says Hillary Werronen, SVP US Operations of TEAM LEWIS. "We're looking for passion, curiosity and the desire to push boundaries and rail against the status quo. Our TEAM can teach the skills to some of the best and brightest minds in the industry. Together, we'll build the future of marketing." TEAM LEWIS, the global marketing agency, today announced that it is retiring the resume. Tweet this Seasoned and aspiring marketers alike will be able to visit teamlewis.com/ER and in one word describe who they want to be.
You're Invited! Diversity Hiring Tech Expo
4:24Come to the the Diversity Tech Expo on October 7th at 2pm ET. https://www.crowdcast.io/e/diversity-tech-expo-2021 or use diversitytechexpo.com as the shortcut. A replay will be available.
Code Smoke Signals and Nomad Health Funding
7:22CodeSignal, a technical assessment platform dedicated to helping companies, including Facebook, Roblox, Zoom, Robinhood, and others, make data-driven hiring decisions in tech recruiting, announced $50M in Series C funding and the launch of CodeSignal’s new advanced Integrated Development Environment (IDE) that unlocks highly relevant assessment experiences. This round, which brings CodeSignal’s total funding to $87.5M, With Codesignal’s newly launched advanced IDE, candidates will now be able to interact with code, files, a terminal, and a preview of their application in a persistent, fully configurable environment. This means candidates will have a similar experience to coding on a local machine, and the assessment provides a more powerful and familiar environment for them to solve tasks just as they would actually do on the job, showcasing their full range of skills. https://hrtechfeed.com/codesignal-announces-new-advanced-assessment-capabilities-fueled-by-a-50m-series-c-funding/ Talenya, the provider of the world’s most advanced, AI-powered talent sourcing and diversity solutions, today announced the release of Engagement AI™: a first-of-its-kind, fully automated talent sourcing solution. As recruiters and HR teams struggle to find talent in an increasingly competitive market, Engagement AI™ saves hours of work by automatically sourcing and contacting potential candidates, allowing more time for interviews and connection. Talenya’s data scientists spent four years developing the GDPR-compliant technology to enable talent acquisition teams to fully automate talent sourcing, with a focus on diverse talent. https://hrtechfeed.com/talenya-launches-automated-talent-sourcing-tool/ WurkNow.com, a fully-integrated, digital staffing and workforce management platform for hourly work, today announced the closing of a $10 million Series A funding round, led by Newport Beach, CA-based Newport Hayseed Group. This funding will be used to further optimize WurkNow’s user base and product offering, including investments in new product development, staff growth and scaling the company’s brand and market presence. WurkNow’s capital raise comes after a year of immense growth, brought on by the digital acceleration the COVID-19 pandemic has brought to many businesses. Demand for WurkNow’s fully-integrated staffing and workforce management platform has surged within its client base of staffing and recruiting firms and employers that manage large, hourly workforces. Currently there are over 125,000 active employees using the platform; a year-over-year increase of 400%. https://hrtechfeed.com/wurknow-gets-10-million-series-a/ Clovers (www.clovers.ai), a human resources technology firm leveraging conversational intelligence to improve interviewing and hiring practices, today announced it has raised $15 million in seed funding. The company was co-founded in December 2020 by HR tech pioneers Adam Miller, Founder & former CEO of Cornerstone OnDemand, and Jason Nazar, Co-Founder & CEO of Comparably, along with Doug Leonard and Cihan Ucar. Clovers is jointly headquartered in Los Angeles and Nashville. https://hrtechfeed.com/clovers-raises-15-million-to-revolutionize-interviewing-for-the-modern-workforce/ Nomad Health, the leading digital marketplace for temporary healthcare jobs, today announced the completion of $63 million in new equity and debt financing. Adams Street Partners led, and all existing investors participated, including Icon Ventures, Polaris Partners, RRE Ventures, .406 Ventures, First Round Capital, and Silicon Valley Bank. With this financing, the business has raised over $100 million since the company’s inception in 2015. The funding will be used to support Nomad Health’s explosive growth, allowing the company to double down on efforts to hire, invest in the technology platform, and grow its national footprint. https://hrtechfeed.com/nomad-health-raises-63-million-to-address-healthcare-staffing-shortages/
Kathleen Steffey, CEO of Naviga Recruiting
22:58Kathleen Steffey is the CEO and Founder of Naviga Recruiting & Executive Search. For 19 years, Naviga has been helping domestic and global business leaders achieve revenue growth by recruiting top-performing sales and marketing professionals. Her background has given her unique insight into the corporate talent acquisition world, agency recruiting and what it takes to manage and lead a team of marketers and recruiters in the digital landscape. TOPICS Describe the state of recruiting right now from your standpoint...whats it like out there? Any cautionary tales come to mind...lost a candidate recently or... our marketing machine/lead generation approach using tons of social platforms, channels and approaches Tiktok resume thing...opinion? LinkedIn and how we tried circumvent this platform with other tools and it just isn’t’ as effective recruiting ATS and how it’s critical to segment them by persona’s and update the information as it becomes outdated the day after it’s placed in the system. Looks like you guys use CATS software as your ats...how has that software worked out for you/...any other rec tech in place? Any tech you are potentially looking at using? Fav sourcing story…
Glassdoor goes Fishing, Humanly Raises VC
8:13Humanly.io announces a successful momentum raise to continue company growth and product development. Better pre-hire conversations result in better hires for companies seeking quality and diverse employees. Launched in July of 2019, Humanly.io has spent the last two years perfecting conversational AI to speed the hiring process, allowing humans to remain at the heart of recruiting. Utilizing linguistic theory and maintaining a primary focus on DEIB (diversity, equity, inclusion, and belonging) in hiring, Humanly.io uses innovation to empower both hiring authorities and job applicants. https://hrtechfeed.com/humanly-io-announces-4-2m-in-funding/ Avionté, a leader in enterprise staffing and recruiting software, has acquired mobile on-demand staffing platform WorkN. This strategic move firmly positions Avionté as a leader in end-to-end and online mobile talent enablement. With the addition of WorkN mobile solutions to its portfolio, Avionté can further empower clients to compete for talent by helping them design compelling candidate experiences. WorkN, operating as a division of Avionté, will continue to serve large enterprise staffing companies and employers, a market in which WorkN already has penetration and momentum. At the same time, WorkN will gain access to Avionté’s customer base of more than 1,000 staffing companies. https://hrtechfeed.com/avionte-acquires-mobile-online-staffing-platform-workn/ Papaya Global, the industry-leading workforce management platform transforming global employment, announced today that it has raised $250 million in Series D funding, bringing the company’s valuation to $3.7 billion and Papaya’s total funding to date to $440 million. Papaya’s valuation has increased tenfold since September 2020. Funding will be used to continue Papaya’s rapid expansion and accelerate the recruitment of rapidly growing companies (pre/post IPO) and Fortune 5000 clients. https://hrtechfeed.com/workforce-management-platform-papaya-global-raises-250-million/ Canvas, the world’s first Diversity Recruitment Platform™, announced today a Series C round of $50 million led by Owl Ventures, with participation from Sequoia, and numerous other investors... Coupled with the Series C is the launch of a new product, Canvas Diversity Analytics & Benchmarking ™, which will set the industry standard for increasing diversity in Corporate America. Already adopted by prominent companies including Airbnb, Bloomberg, Lyft, Pinterest, Roblox, and more, Canvas offers a differentiated approach for understanding, benchmarking and evolving diversity in the workplace through access to the largest ever pool of self-reported candidate diversity data. Valued at $400M, Canvas says they are trailblazing a new industry category in recruiting that helps companies take action on their diversity goals by utilizing candidates’ self-reported data to identify talent, rather than inferred data that might be inaccurate or illegal. https://hrtechfeed.com/canvas-funding/ Glassdoor, the worldwide leader on insights about jobs and companies, today announced that through its parent company it has completed the acquisition of Fishbowl. Fishbowl is a fast-growing social network used by more than one million professionals1 engaging in candid conversations about anything career, industry and workplace-related. Financial terms are not being disclosed. Launched in 2016 by co-founders Matt Sunbulli and Loren Appin, Fishbowl has more than 18 million conversations, comments and direct messages in thousands of bowls4 where professionals can discuss career, industry and workplace-related topics. Before posting or commenting on Fishbowl, people have the option to choose how to represent themselves – by job title only, by the company they work for, or with their full name, title and company. Starting today, employees and job seekers on Glassdoor will see relevant Fishbowl conversations from people working in related companies and industries. Job seekers and employees can experience more by clicking on these Fishbowl conversations and visiting Fishbowl to see full conversations and explore company feeds, industry and special interest bowls. Viewing these conversations will require a Fishbowl account. https://hrtechfeed.com/glassdoor-acquires-social-network-app
HR Pod Squad: Cheesman, Gadomski, Laurano, Russell
59:32Listen in as four industry pundits and personalities talk shop. Joel Cheesman Andrew Gadomski Madeline Laurano Chris Russell Topic: HR tech conference, IPOS, valuations, and more HR technology banter.
Checkr Hiring, New Sourcing Tool, DHI bought who?
7:40Checkr, a leading HR technology company powering the future of work, will open its third headquarters in Orlando, creating more than 600 new jobs in the next three years. The company, which leverages AI to make background checks faster, easier, and more compliant, will invest $2.7 million in the region. “We would like to thank the leaders of the City of Orlando, Orange County, and the state of Florida for their assistance in finding our new company home in the region,” said Checkr’s Chief Operations and Human Resources Officer Linda Shaffer. “As we grow we need more employees to join our team of engineers, developers, customer service representatives, and support staff to fulfill our mission at Checkr to build a fairer future by designing technology to create opportunities for all. We look forward to hiring a diverse group of candidates in Orlando, including fair chance hires, and have already started recruiting.” “We look forward to hiring a diverse group of candidates in Orlando,” Checkr COO Linda Schaffer said.Tweet this Checkr, a privately held company that just last week announced it has raised $250 million in a Series E round valuing the company at $4.6 billion, has dual headquarters in San Francisco and Denver, and adds Orlando as the company’s third headquarters. https://hrtechfeed.com/checkr-will-bring-600-jobs-to-new-orlando-regional-headquarters/ YouCruit raises $11.5M USD to further fuel the growth of Lanefinder, it’s Vertical Labor Marketplace for the US Trucking Industry. Lanefinder provides a job search and matching platform completely tailored to the wants and needs of truck drivers who have historically had to rely on word of mouth referrals and general job sites to find work. “With Lanefinder, a driver can find exactly what he or she is looking for in a matter of seconds instead of spending days plowing through job sites, taking 30-40 recruiter calls or chatting up other drivers at truck stops. We believe all skilled labor markets will expect and demand this type of job search efficiency in the future and Lanefinder is now leading the way in arguably the most important industry in the US.” Says Patrick Gilmore, Co-Founder and CTO. As opposed to the typical Pay Up Front advertising models job sites offer trucking companies today, Lanefinder does not charge anything for having their jobs searchable on the platform. Lanefinder instead offers a Pay Per Hire, performance based model for companies who need to recruit at greater speed. https://hrtechfeed.com/youcruit-raises-11-5m-usd-for-trucking-job-search-platform/ In a surprising move the owner of Dice has invested in employer branding platform, The Muse. The partnership will sell ‘corporate branding and values-based hiring solutions to give employers a competitive edge amidst tight recruitment market‘. Could this move lead to an eventual merger? Was this a life line for The Muse or simply a smart pairing of complimentary services? – Chris Russell CENTENNIAL, Colo., Sept. 8, 2021 — DHI Group, Inc. (NYSE: DHX) the leading provider of AI-powered technology-focused career marketplaces, today announced a $3 million investment in The Muse, a values-based career destination for the next gen workforce to search for jobs and research companies & careers. The investment will be used to support the expansion of The Muse’s product development and sales efforts to meet the increasing market demand for its unique values based employer discovery offerings. Terms of the planned transaction are not being disclosed at this time. In addition to the investment, the two companies will work together to develop joint sales, thought leadership and product solutions to better serve their respective stakeholders https://hrtechfeed.com/dhi-group-to-invest-3-million-in-the-muse/ FlexJobs, a premium online job service for professionals seeking remote and flexible work, announced the acquisition of Job-Hunt.org, an award-winning career website offering expert resources and guides to improving one’s job search. This strategic move will equip job seekers with valuable, insightful, and up-to-date career advice to help them navigate job searching in today’s market. “I have been a long-time fan of Job-Hunt’s dedication to high-quality content around the many varied and sometimes quite challenging aspects of job searching,” said Sara Sutton, founder and CEO of FlexJobs. “Bringing Job-Hunt under the FlexJobs umbrella is a natural extension of FlexJobs’ mission to help job seekers be successful in their job search and career, and we are excited to connect even more people to the incredible wealth of resources that Job-Hunt.org offers,” Sutton concluded. With more than 1,000 articles by job search and career experts, Job-Hunt provides information to help job seekers better understand today’s job search. Job-Hunt’s guides cover more than fifty topics by renowned career experts. “For over 20 years, I saw a desperate need for people to understand online job search, and my goal for Job-Hunt was to help people smartly, safely, and efficiently find their new jobs,” said Susan Joyce, Job-Hunt’s chief writer, editor, and publisher since 1998. “FlexJobs was founded under a very similar premise, with a specific focus on safe job searching for flexible jobs. Both companies have made helping the job seeker their number one priority from the beginning, and I know that this acquisition will strengthen that mission and help even more job seekers be successful in their job searches,” Joyce concluded. https://hrtechfeed.com/flexjobs-announces-acquisition-of-the-popular-job-hunt-blog/ QJumpers, an innovative sourcing and recruitment software provider, today announced its newest product, AI Talent Sourcing. The tool scours publicly available information and uses artificial intelligence to find, rank and engage highly qualified, passive job candidates that previously could not be found through traditional sourcing and advertising methods. AI Talent Sourcing is an offshoot of another product launched two years ago which was embedded into the QJumpers Applicant Tracking System (ATS). Due to client demand, QJumpers has released a new and improved version that can be used independently of the ATS. Recruiters can either paste a job description into the tool and let the AI generate its own candidate search specification, or they can create their own. AI Talent Sourcing then presents a list of candidates ranked by how well they match this search criteria. Candidate profiles are created by combining pieces of information from publicly available data, such as networking sites, social media, company websites and blogs. The results can be refined further by specifying preferences such as location, skills, education, and years’ experience. It can also be used for diversity hiring. https://hrtechfeed.com/hr-tech-bytes-driverreach-qjumpers/