SeekOut will expand AI-powered recruitment tools with new $115M

SeekOut will expand AI-powered recruitment tools with new _115M-01

SeekOut, a rental platform based in Redmond, Washington, raised $ 115 million in C-finance chain led by Tiger Global Management this week. The round includes the participation of Founders Circle Capital, Madrona Venture Group, and Mayfield, and brings the total SeekOut total increase of more than $ 189 million – making the company more than $ 1.2 billion.

Utilizing AI technology, SeekOut maintains a database of hundreds of millions of job seekers, including more than 29 million software developers. The forum uses natural language and machine learning to process and analyze public data, create profiles by combining information from GitHub, copyrights, documents, staff transfers, LinkedIn and Kaggle accounts, Facebook pages, alumni of the company, and candidates in the applicant’s tracking systems.

The total value of the company increased is $ 189 million, with recurring annual revenue of between $ 25 million and $ 50 million.

Read More: https://venturebeat.com/2022/01/12/seekout-will-expand-ai-powered-recruitment-tools-with-new-125m/

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