Paradox, a Scottsdale, Ariz.-based conversational AI platform for global talent acquisition teams to automate recruiting tasks like screening, interview scheduling, and candidate communications, acquired Spetz.io, an Israeli startup enabling clients to modernize candidate communications. The amount of the deal was not disclosed.
The acquisition highlights Paradox’s strategic investment in global innovation and world-class client services, said Paradox founder and CEO Aaron Matos. But it wasn’t just about creating another R&D center. Just as important, Matos said the Spetz team’s vision, mission, and values closely aligned with Paradox. “This acquisition is all about aligning with incredibly smart people who share our passion for building products that recruiting teams love,” Matos said. “We were impressed with the Spetz team’s growth, and even more impressed with their vision for what we can build together.”
“When we met with the Paradox team we immediately saw a massive opportunity to build something bigger than ourselves,” said Dvir, Spetz co-founder and CEO. “Combining our expertise with Paradox’s vision and momentum as a clear category leader is really one of those ‘the whole is greater than the sum of its parts’ opportunities. We can’t wait to get started accelerating Paradox’s vision for a future where recruiting is frictionless, elegant, and people-centric.”
With the acquisition, Paradox will build an R&D center in EMEA.
Announcement: Paradox Acquires Spetz.io