ENGAGE Talent operates an AI-powered talent data and intelligence platform that taps more than 30,000 data sources and processes over a billion data points monthly to map and predict people movement. The platform delivers talent acquisition and retention insights and recommendations and reports customer outcomes such as 200–700% increases in candidate engagement rates. Customers cited in the article include Allstate, Dell, Transamerica, and Harris Healthcare. The company says it will accelerate innovation and scale its AI Talent Intelligence technology to better link talent efforts to business outcomes, per CEO Joseph Hanna. Financially, ENGAGE Talent raised $3.5 million in the recent round, bringing total capital raised to $10 million. The new funds came from a mix of equity and debt and are intended to support product innovation and scaling. ENGAGE Talent builds AI-driven recruiting software that predicts people’s job security and likelihood to change jobs based on professional background, career progression, and company/industry events. Its product suite includes ENGAGE ME!, a recruiting marketing engine that automatically identifies target candidates and the most effective ways to nurture them. Customers named in the article include Dell, Hilton, Allstate, Transamerica, Yoh, and Hudson RPO. ENGAGE will use a new $3 million funding round to further develop its predictive recruiting technologies and to expand its science/R&D and success teams. Investors quoted in the piece highlighted the company’s data-driven approach and potential to help employers recruit and hire more effectively. Job Market Maker builds a candidate-employer matching platform that populates job listings based on a job seeker’s profile, skills and education and refers applicants to local training when they lack required skills. The company focuses on employers with 100–500 employees across health care, manufacturing, financial services and technology, and counts customers such as Bishop Gadsden, Detyens Shipyards Inc. and Bartercard. As of June, 30 corporate customers and 5,000 candidates were using its software. The firm raised $1.0 million in its second capital raise and previously raised $500,000 in its first raise; proceeds will be used to continue work on candidate assessments and to fund a forthcoming health care services product launch. The team has grown from a dining-table start (about a year and a half ago) to 12 full-time and six part-time employees with remote sales staff, and shares office space in the Half Mile North development in Charleston, SC.

Total raised

$8M

Funding rounds

4

Latest round

Equity

Latest activity

May 2019