The Venture Codex Logo

The Venture Codex

SmartRecruiters

166 Geary St, San Francisco, California, 94108, United States

Overview

SmartRecruiters offers an end-to-end recruitment platform that acts as a system of record for enterprises, managing the full hiring process from sourcing to hiring. The platform integrates some 600 vendors and serves large enterprise customers including Visa, Square, McDonald’s, Ubisoft, FireEye, Biogen, Equinox and Public Storage. CEO and founder Jerome Ternynck describes it as “the Salesforce of recruiting,” positioning the product to replace first‑generation ATS systems that operate in silos. The company plans to use new funding to expand its enterprise business globally and to hire and invest more in product development. Product investment will focus on adding intelligence to better match candidates to roles and on automating administrative recruiting work. Despite the pandemic, SmartRecruiters has seen growth—bookings rose 70% over the last 12 months—indicating strong demand as companies prioritize recruiting. SmartRecruiters is a San Francisco-based SaaS recruiting platform led by CEO and founder Jerome Ternynck. The platform enables customers to scale hiring by optimizing for quality, speed, and cost efficiency while customizing the candidate experience for individual brands. It hosts a large recruiting marketplace with more than 550 pre-integrated third-party solutions and over 1,000 job boards. Customers include Visa, LinkedIn, Twitter, Bosch, McDonald’s Canada, Skechers, Equinox, and Alcoa. The company plans to accelerate its product roadmap, deepen SmartAssistant capabilities through AI and machine learning, expand geographically in Europe and Asia Pacific, and hire 100 people. It will also broaden components of its Hiring Success methodology, including process optimization, strategy, and customer workshops. SmartRecruiters offers a modern enterprise talent acquisition platform positioned as the generational successor to legacy applicant tracking systems. The product emphasizes candidate and hiring-manager experience while delivering the customization, flexibility and scale enterprises require. Jerome Ternynck is the company's CEO and founder. Customers cited include Atlassian, Ancestry.com, Equinox, Marc Jacobs, NBTY, Skechers and Ubisoft. The company reports dramatic customer and business growth over the past two years and points to a market of more than 5,000 enterprise companies still using legacy ATS or underperforming HRIS recruiting add-ons. SmartRecruiters plans to use new capital to sustain rapid growth, accelerate global market presence, and continue investing in its product footprint. SmartRecruiters offers a Hiring Success Platform that companies use to find talent, hire candidates, and optimize recruiting processes. Its all-in-one platform supports sourcing global candidate pipelines, improves collaboration between recruiters and hiring managers, and consolidates enterprise hiring. The company highlights enterprise customers including 1-800-FLOWERS, NAPA Auto Parts, Marc Jacobs, General Mills and newly Informatica. SmartRecruiters says it will use new investment capital to accelerate growth and expand operations to better serve enterprise customers. The company was founded in 2010 and is based in San Francisco. It is backed by Mayfield Fund, Rembrandt Venture Partners and now Salesforce Ventures. SmartRecruiters offers a free, on-demand hiring platform that helps businesses manage the entire recruiting and hiring process, with tools for job postings, applicant tracking, career websites, collaborative hiring, candidate assessment, social recruiting, agency management, Facebook app, direct sourcing, recruiting analytics, and mobile recruiting. Founded in 2010 and led by CEO Jerome Ternynck, the company is based in San Francisco and also maintains an office in Kracow. It reports more than 50,000 customers. The company intends to use the funds to hire new people and expand infrastructure to bring as many customers onboard as possible. Product functionality emphasizes end-to-end recruiting workflows and analytics for employers of varied sizes. The platform is offered free and on-demand to customers.

Total raised
$205M
Funding rounds
6
Latest round
Series E
Latest activity
Jul 2021

Industries

  • Enterprise Software
  • Human Resources
  • Recruiting
  • SaaS
  • Social Recruiting
Visit website

Recent funding

  1. Series E

    Jul 2021

    $110M

  2. Series D

    May 2019

    $50M

  3. Series C

    Jun 2016

    $30M

  4. Series B

    Aug 2013

    $10M

  5. Series A

    Jan 2012

    $5M

Team