Curated Intel from the Talent Tech Industry
May 16-22, 2022:
• Humanizing the recruitment process: SparcStart intros recruitment marketing video platform;
• Doubling down on data: Crosschq acquires TalentWall to expand data and analytics capabilities;
• Producing what they hope is a blockbuster: Tech talent recruiting startup A.Team raises $55M;
• Automating talent connections: Fetcher raises $27M Series B to help employers retrieve talent;
• Studying customer needs: Talview commissions Forrester survey of employer TA tech goals.
PLUS
• It’s not too late! But hurry, register today for the only conference designed specifically for those in the talent technology business: TAtech North America & The World Job Board Forum. May 31-June 2 in Austin. It’ll be the largest gathering of your peers in almost three years. And, you should be there too!
SparcStart Introduces the Integrated Recruitment-Marketing Video Platform
With the release of its new video marketing capabilities, SparcStart leads the industry as the simple, secure and scalable platform to power employer branding and recruitment marketing video. Increased automation and remote processes have disconnected candidates from the relationships that engage them in the recruiting process. Low application rates, ghosting and offer declines are a result of weak personal connections. “Candidates want to see and hear from the people they will be working with, and video is essential to effective recruiting,” says Maury Hanigan, CEO of SparcStart. Video can humanize the process and give candidates a sense of “knowing someone” at the company. SparcStart revolutionized the text-only job description when it introduced Sparc, the automated system to record a hiring manager video, approve and embed it in the job postings on career sites and landing pages.
Crosschq Acquires TalentWall To Expand Data and Analytics Capabilities for Global Talent Leaders
Crosschq, pioneers of the Talent Intelligence Cloud(tm) that is powering a revolution in data-driven hiring and people analytics, announced that it has acquired TalentWall, creators of the popular recruiting analytics platform that enables talent acquisition teams to hire more efficiently and collaboratively through the use of data. An essential tool for recruiting leaders and hiring managers alike, TalentWall serves as the central source of truth for their hiring team’s most meaningful analytics and insights. The acquisition expands Crosschq’s solutions, enabling recruiters and talent leaders to visualize and analyze their hiring funnels while strategically planning for future hiring needs. Combining these capabilities with Crosschq’s existing tools for sourcing and screening job candidates, as well as measuring Quality of Hire, will deliver the recruiting technology industry’s most comprehensive platform that supports better hiring decisions by putting data at the core.
Tech Talent Startup A.Team Raises $55 Million From Investors Like Adam Grant And Jay-Z
A.Team came out of stealth mode, announcing $55 million of funding in a Series A round co-led by Tiger Global Management, Insight Partners and Spruce Capital Partners. Among the startup’s high-profile investors: Jay-Z’s Roc Nation VC arm, leadership guru Adam Grant and Andreessen Horowitz. Among its 200 clients, Ouzan says, are McGraw-Hill, Lyft, PepsiCo and Saks Fifth Avenue. Like a Hollywood producer that brings together talent to make a movie, A.Team’s business model is based on matching top-tier talent with worthy projects. That means vetting and restricting who gets on its platform, soliciting the right client work and creating community through content, connections and conversation.
Fetcher raises $27M Series B to talent acquisition teams connect with diverse, top talent
Fetcher, a full-service, recruiting automation platform, is happy to announce a $27M Series B investment led by Tola Capital, with participation from their existing investors G20 Ventures, KFund, and Accomplice. This brings the total capital raised by Fetcher to $40M, allowing the company to expand its efforts in creating robust, qualified candidate pipelines for talent acquisition teams, along with providing outreach & diversity analytics, CRM functionality, and global sourcing support. Recruiting has transformed over the past few years, leaving talent acquisition teams struggling to keep up with all that is required of them. To have more bandwidth to focus on the human side of recruiting, recruiters need to automate the candidate sourcing and outreach processes. Fetcher's full-service, recruiting automation platform does just that. Rather than using a standard database model, Fetcher's unique combination of machine learning and human intelligence creates curated batches of candidates for every open role. This sourcing model allows recruiters to spend less time in front of a computer searching or filtering for candidates, and more time connecting with candidates and hiring managers.
Enterprise talent acquisition requires effective talent measurement tools
Talview commissioned Forrester Consulting to explore the state of talent acquisition processes at large US companies. Forrester surveyed 150 senior leaders responsible for TA technology. We sought to understand the role that modernized hiring tools can have on an organization’s ability to meet talent acquisition priorities efficiently and effectively. Key Findings: 1. At least 80% of decision makers are focused on improving the quality and speed of hires, as well as confidence in their talent decisions. 2. As the stakes for talent decisions rise, so does reliance on hiring tools. Leaders need a holistic understanding of candidates. 3. To improve processes and experiences, hiring leaders desire intelligent, inclusive, and integrated tools – including AI-enabled features capable of reducing manual work and hiring biases.
The Only Conference Totally Dedicated to the Talent Technology Industry
If you’re in the job board, recruitment marketing, ATS, chatbot or conversational AI, CRM, assessment & interviewing or any other talent technology business, don’t miss the only conference designed specifically for you: TAtech North America & The World Job Board Forum. May 31-June 2 in Austin. It’ll be the largest gathering of your peers in almost three years. And, you should be there as well! Speak with leading industry analysts, see some of the new products entering the market, do deal with partners and buyers, and tap into the latest research on how to build a successful tech company. You can do it all and still have time for some networking and power partying. Join us!