Findem, a people intelligence company applying AI to fuel the next phase of talent acquisition, has secured $30 million in Series B financing. Four Rivers and Quarry Capital Management led the round, with participation from existing investor Wing Venture Capital. The round brings Findem’s total funding to date to $37.3 million.
“This latest funding truly validates our approach in going beyond resumes and placing attributes at the center of the talent search,” said Findem CEO Hari Kolam. “This funding will be an accelerant for our next stage of growth as we continue to reshape the future of sourcing, recruiting and hiring and drive innovation in the $450+ billion staffing industry market.”
Findem’s AI recruiting platform indexes and analyzes people data from 100,000 sources and turns it into searchable candidate attributes. Talent teams can search by attributes–everything from whether an individual has seen a company to a successful exit, builds diverse teams or is a long-tenured employee–to find perfect matches across all external candidates, internal employees, and existing profiles in their ATS. The platform also includes tools to automate personalized candidate engagement, analyze talent pools, gain labor market intelligence, and measure pipeline analytics and talent diversity.
The company intends to use the funds for product development advancements, including the Q1 launch of a new self-service model that enables users to post their open positions to job boards and obtain a new targeted candidate pipeline.
Announcement: Findem Raises $30M for AI-Powered Talent Acquisition