SmartRecruiters, Inc.
| SmartRecruiters.png | |
 | |
| Private | |
| ISIN | 🆔 |
| Industry | Software |
| Founded 📆 | 2010 |
| Founder 👔 | Jerome Ternynck |
| Headquarters 🏙️ | San Francisco, California, United States |
Area served 🗺️ | Global |
Key people | Jerome Ternynck, CEO |
| Services | Software, Recruiting, Human Resources |
| Members | |
Number of employees | 197[1] |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
SmartRecruiters Inc. is an American software company based in San Francisco, California specializing in Software as a Service (SaaS) products for talent acquisition.[2] The product is built on a cloud platform with both a paid version for enterprise customers and a free version for small and medium-sized businesses that is accessible online or via a dedicated mobile application.
Its web-based services & products enable clients to manage the hiring process with an end to end talent acquisition suite.[3][4] The platform is available in 15 different languages in over 30 countries with products including an ATS (Applicant Tracking System), CRM (Candidate Relationship Management), and a marketplace of over 350 partner integrations including chatbots, reference checks, job boards, and more.[5][6] Elements of the software use AI to automate some recruiting functions. [7]
The SaaS company also hosts an annual conference called Hiring Success drawing over 1000 staffing and recruiting industry professionals together to highlight innovations in the recruiting space.[8] At their 3rd annual conference Hiring Success, the company's CEO Jerome Ternyck unveiled two new products including an artificial intelligence recruiting assistant [9] and SmartJobs, a hiring scorecard. The new AI tool will utilize machine learning to automatically screen incoming applications and score candidates against jobs.[5]
History[edit]
SmartRecruiters Inc., was established in 2010 by Jerome Ternynck. Since its inception, the company has raised a total of approximately $64.5 million[10] for its services. The company has had 5 funding rounds[11] over the course of its tenure.
In January 2012, the company secured a Series A round of funding of $5.5M with lead investor Mayfield Fund[11]. The year after, the company transitioned to Series B status with its lead investor Rembrandt Venture Partners raising an additional $10M[11]. Over the course of the next few years, the company grew, eventually launching their main enterprise offering in 2015 and raised an additional Series B investment of $9.5M [11]in June 2015. The company continued its growth securing an additional $30M for its Series C round of funding with the help of its lead investor Insight Venture Partners[11].
The firm raised $30 million in 2016, for research and development, and also starting pushing to market their service overseas.[12]
In September 2017, the company launched a free version of their product called SmartStart for small & medium-sized businesses.[13]The company also anounced the integration of Employment Background Investigations Inc into their operation, providing increased security and allowing for better background screening and drug testing.[14]
In 2018 the company launched a new recruiting assistant module, that utlises AI to learn and adjust, seeking matches for positions[15]. The company regularly collects data on the length of time it takes to fill positions.[16]
Clients[edit]
Enterprise[edit]
Since the 2015 launch of the enterprise talent acquisition suite, the Series C startup has more than 2000 enterprise clients connecting more than 15 million candidates to almost one million jobs.[5][17] Some of the company's largest enterprise clients include Visa, Bosch, & Alcoa.[5]
Small business and mid-market[edit]
SmartStart, the company's free product suite which launched September 2017, has amassed over 3000 registered small & medium-sized businesses and organizations across verticals.[5]
References[edit]
- ↑ "SmartRecruiters". Craft.
- ↑ Strauss, Karsten. "The Top Skills And Industries For Entry-Level Jobs". Forbes. Retrieved 2018-03-08.
- ↑ "HireRight Partner: SmartRecruiters". HireRight.
- ↑ Raymund Flandez "MANAGING TECHNOLOGY; Résumé Overload; New software helps small companies keep up with the swarm of applicants" The Wall Street Journal Online 11 May 2009
- ↑ 5.0 5.1 5.2 5.3 5.4 Su, Jean Baptiste. "SmartRecruiters Unveils Artificial Intelligence Recruiting Assistant, Hiring Scorecard". Forbes. Retrieved 2018-03-16.
- ↑ Mary Ellen Biery "Helping those with "Help Wanted" signs; Consequently, employment services firms have enjoyed nearly 21 percent sales growth over the last 12 months." Washington Post.com 10 July 2012
- ↑ Maurer, Roy "AI-can-make-recruiting-human-again" Society for Human Resource Management Journal 28/3/2018 https://www.shrm.org/resourcesandtools/hr-topics/talent-acquisition/pages/ai-can-make-recruiting-human-again.aspx?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+shrm%2Fhrnews+%28SHRM+Online+HR+News%29
- ↑ "Seattle's Talent Savant to Compete in Start-Up of the Year Contest - Press Release - Digital Journal". www.digitaljournal.com. Retrieved 2018-03-19.
- ↑ " Textkernel Breakthrough Textkernel's algorithm hits new accuracy" The global recruiter http://www.theglobalrecruiter.com/news/textkernels-algorithm-hits-new-accuracy/9384
- ↑ "SmartRecruiters | Crunchbase". Crunchbase. Retrieved 2018-03-16.
- ↑ 11.0 11.1 11.2 11.3 11.4 "SmartRecruiters | Crunchbase". Crunchbase. Retrieved 2018-03-16.
- ↑ Gage, Deborah "SmartRecruiters Raises $30M" The Wall Street Journal Online 30 June 2016
- ↑ "CORRECTING and REPLACING SmartRecruiters Releases Free Recruiting Software for Small Businesses". Retrieved 2018-03-16.
- ↑ "SmartRecruiters Integration Sets a New Standard for Information Security and Technology" Information Technology Newsweekly 26 September 2017
- ↑ Maurer, Roy "AI Can ‘Make Recruiting Human Again" Society for Human Resource Management Journal Mar 28, 2018
- ↑ Karsten Strauss "Which Jobs Take The Longest (And Shortest) Time To Fill?" Forbes 25 May 2017
- ↑ Karsten Strauss "The Top Entry-Level Jobs And Industries In 2016" Forbes 25 May 2016
External links[edit]
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