Hosted by Chris Russell, online recruiting's mad scientist, the RecTech podcast covers all aspects of recruiting technology and recruitment marketing including interesting new tools & vendors. You'll also hear how recruiters leverage technology to find talent. A great listen for HR tech vendors, HR professionals and recruiters everywhere. CONTACT: firstname.lastname@example.org
Deel Says Lets Make a Deal
7:25interviewIA — 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/ Deel, the remote hiring company shattering job barriers worldwide, announced today that it has raised $425 million in Series D funding, taking the total amount raised by the company to over $630 million. The latest funding round values the company at $5.5 billion. Deel has become the highest valued company in the global hiring, payments, and compliance space with this investment. https://hrtechfeed.com/deel-strikes-gold-with-425-million-funding-round/ interviewing.io, the technical interview practice platform that is reinventing how software engineers get hired, today announced it has raised a $10 million series A led by M13. On the interviewing.io platform, software engineers can book mock interviews with the interviewing.io roster of hiring managers from companies such as (Facebook, Apple, Amazon, Netflix, Google interviewing.io’s says their approach saves companies 220 hours of valuable recruiter and hiring manager time per hire and gets them what they need: a steady stream of strong, senior engineers who are looking for a new role. Forty percent of the hires made through the interviewing.io platform come from non-traditional backgrounds (lesser-known schools or past employers, no degree, etc.). https://hrtechfeed.com/interviewing-io-raises-10-million-series-a/ Wonolo, the leading online platform disrupting the temporary staffing industry, today announced the raise of a $138 million growth round, led by Leeds Illuminate with strong participation from 137 Ventures and G2 Venture Partners. Franklin Templeton also came in on the round. This latest round brings Wonolo’s total venture funding to over $200 million. The funds will be used to accelerate the company’s continued growth and mobile-first tech innovations. The company will also continue to expand in markets across the United States – and deepen its market share in top markets including: Newark, Dallas, Atlanta, New York City, Chicago, Phoenix, Nashville, Tampa, San Antonio, Miami, Columbus, Austin, Houston, Raleigh, Indianapolis, Denver, Seattle, Salt Lake City, and Philadelphia. https://hrtechfeed.com/temp-staffing-platform-wonolo-secures-138-million
HR Tech Interviews: Clovers, TalentCare, Talenya
29:16In this audio you'll hear from Doug Leonard of Clovers.ai, Eric Smith from TalentCare and Gal Amog from Talenya.
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