Joonko has raised $10 million to create a prequalified pool of diverse job candidates for corporate recruiters in a round led by Vertex Ventures Israel.
“What we do is think about it as a peer-to-peer network, where companies are plugged directly into their recruiting systems,” said CEO Ilit Raz in an interview with VentureBeat. “And we are able to pull the best finalists that are underrepresented that were not selected and offer them for other companies in exchange for getting the candidates from other companies. So all the candidates in the pool don’t come from job boards or pools that we bought or something like that. It’s all the underrepresented candidates who have been prequalified by companies and got to the very last steps when they were not selected.”
Joonko collects the candidates who didn’t get the job and makes them available for companies that are also seeking to fill jobs where diversity is a priority. It uses AI to do the sorting and matching. Joonko’s recruitment solution assists companies to achieve their diversity, equity, and inclusion (DE&I) goals through its ecosystem that identifies and suggests prequalified candidates from across a range of underrepresented sectors, saving recruiters precious time on sourcing, attracting, and validating relevant candidates.
Announcement: Joonko Raises $10M for Talent Pool Diversity