Recruiting startup SeekOut raises $65M to take on LinkedIn and other talent acquisition companies
March 10, 2021 at 7:18 am
From left to right: SeekOut CEO Anoop Gupta; SeekOut CTO Aravind Bala; Madrona Venture Group Managing Director and SeekOut board member S. “Soma” Somasegar; SeekOut head of engineering Vikas Manocha; and SeekOut head of product John Tippett. (SeekOut Photo)
New funding: Seattle-area startup SeekOut raised $65 million to fuel growth of its recruiting software. The 4-year-old company is profitable and saw annual recurring revenue spike 10X over the past 21 months. The Series B round, led by Tiger Global with participation from Madrona Venture Group and Mayfield, values the company at close to $500 million. SeekOut previously raised a $6 million round in 2019.
Most companies claim they want a diverse staff, but at the same time complain they don’t know how to go about recruiting more diverse candidates. Enter SeekOut — a startup that is out to give companies no excuses with its AI-powered platform. A group of former Microsoft executives and engineers — Anoop Gupta, Aravind Bala, […]