Crosschq Raises $13M for Data-Driven Hiring
Crosschq, the pioneer of a new software category for the recruiting industry called Human Intelligence Hiring™, closed $13 million in Series A funding led by Tiger Global Management, with participation from returning investors, GGV Capital, Bessemer Venture Partners, Slack Fund, SAP, Intersect Capital and Rocketship.VC. Joining Golden State Warriors NBA All-Star and 3X World Champion Klay Thompson, NBA All-Stars Khris Middleton, Aaron Gordon, and Isaiah Thomas, PGA Pro Cameron Champ, MLB All-Star St. Louis Cardinals Nolan Arenado, and Seattle Seahawks NFL All-Pro DK Metcalf all joined as new investors in the company.
“That fact that we have attracted such an incredible investor group is a key indicator that we are onto something big in our mission to disrupt the $74 billion hiring industry,” said Mike Fitzsimmons, CEO and Co-Founder of Crosschq. “In a world where the focus is finally shifting in the right direction towards diversity and quality of hires, the old ways of sourcing and screening talent will no longer stand. Companies are starving for better data and tools to help them make more informed, unbiased decisions and that’s what we deliver.”
Crosschq will use this funding to enhance its data analytics that enables companies to track and measure quality of hire. It will also use the financing to grow its ML/AI, Go-To-Market and Development teams, expand partnerships and continue its focus on driving diversity in hiring practices across companies of all sizes and industries.
Announcement: Crosschq Raises $13M for Data-Driven Hiring