Tagged: recruiting

iCIMS reports $56.73 million raised from Susquehanna Growth Equity


XDATA – October 2nd 2015
iCIMS received two commitments for its $60.8 million financing round. Investors committed to buy 93% or $56.73 million worth of equity on September 18th. Until this disclosure iCIMS had raised an estimated $35.88 million in unregistered securities via one previous financing round.
iCIMS markets and develops Software-as-a-Service (SaaS) talent acquisition solutions. The company’s candidate management solution, enables organizations to leverage mobile, social, and video technologies to manage their entire talent acquisition lifecycle from building talent pools, to recruiting, to onboarding all within a single web-based application. Investors include Susquehanna Growth Equity.
The company is headquartered in Matawan NJ. iCIMS elected to keep its revenues undisclosed.
The executive team includes Adam Feigenbaum, Al Smith, Colin N Day, G Scott Greenburg, Mike Greten, Nu-Yuan Hsu, Paul Melici, Ron Kasner, Sincia Liu and Susan Vitale.
The board of directors includes Amir Goldman, Andrew Ferrentino, Bradley E Sparks, Eric Dunn, Gwo Liou, Jonathan Klahr, Scott Feldman and Stephen Day.

The company has raised an estimated total of $92.61 million via private unregistered security offerings.

Offering recap
Status: First close
Company: iCIMS
Industry: Other Technology
Amount offered: $60.8 million
Amount placed: $56.73 million
SEC filing: Source
First sale: 09-18-2015
Data as of: 10-02-2015

 

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Predictive Index Holdings reported the completion of a $15 million financing round


predictive index holdings$15 million was raised by Predictive Index Holdings following the successful placement and issuance of its unregistered equity securities. A total of twenty-three investors participated to the non-brokered placement which started on November 3rd. No offering was previously initiated by the company under a registration exemption with the SEC.

Predictive Index Holdings markets a suite of solutions that empowers organizations to make data-driven decisions on hiring, developing, and deploying employees. The solutions are based on the Predictive Index assessment and focus on four business areas: talent acquisition, talent development, change management, and growth strategy. They offer a unique combination of behavior and skill assessments based on a proven methodology incorporating data, technology, knowledge, and business expertise. The company is backed by Phoenix Strategy Investments.

The company, headquartered in Wellesley Hills MA, was registered this year. Revenues were not disclosed.
The executive team includes Daniel Muzquiz and Mike Zani.
The board of directors includes David Millet.

Offering recap
Status: Completed
Company: Predictive Index Holdings
Industry: Business Services
Amount offered: $15 million
Amount placed: $15 million
First sale: 11-03-2014
Data as of: 11-18-2014

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Entelo files details on its $4.93 million financing


XDATA – September 18th 2014

entelo Entelo raised $4.93 million from three financial backers on September 4th according to information disclosed by the company. The non-brokered equity offering was fully subscribed. No offering was previously initiated by the company under a registration exemption with the SEC.
The company disclosed via press release raising $3.5 million in June 2013, however no documents were filed with the SEC related to this transaction.

Entelo markets and develops a recruiting platform that leverages big data, predictive analytics and social signals to help recruiting organizations find, qualify and engage with in-demand talent. The company’s Entelo Search gives unprecedented access to profiles of over 25 million candidates, each filled with data from social sites such as Github, Dribbble, Quora, Twitter, and more. On the predictive side Entelo Sonar is design to find candidates that are ready to change jobs. Financial backers include Battery Ventures and Menlo Ventures.

The company, headquartered in San Francisco CA, is led by Jonathan Bischke (President). Entelo elected to keep its revenues undisclosed.
The board of directors includes Roger Lee.

Offering recap
Status: Completed
Company: Entelo
Industry: Other Technology
Amount offered: $4.93 million
Amount placed: $4.93 million
First sale: 09-04-2014
Data as of: 09-18-2014


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The Process is in the market with a $800,000 investment round


XDATA – September 5th 2014

recruiting process The Process launched a $800,000 non-brokered equity offering based on information filed with the SEC. The subscription to the equity offering hasn’t started yet. The offering is structured to remain open until September 2015 or when the fundraising cap is reached, whichever one comes first. This is the first time the company is filling a security offering under a registration exemption with the SEC.

The Process develops a platform to transform the way players find, evaluate, and receive college football scholarships and how the college coaches recruit these athletes.

The company, headquartered in Tampa FL, was registered this year. Revenues were not disclosed.
The executive team includes Mark Flynn and Paul Gonnella.

The Process is registered under the name Recruiting Process

Offering recap
Status: Launched
Company: The Process
Industry: Other
Amount offered: $800,000
Data as of: 09-05-2014

For more information visit www.XDATA.co

NextHire disclosed full placement of its $200,000 offering


Change: offered +0% / raised +21% / placed 100%

XDATA – August 26th 2014

nexthireNextHire initiated the final close of its $200,000 other offering. The offer closed after the company raised $35,000 from one additional investor within almost two weeks. At closing, a total of seven investors had subscribed to NextHire‘s offering. Up to now NextHire had raised an estimated $175,000 in unregistered securities via one financing round.

NextHire markets recruiting services. The company leverages digital technology, big data and algorithms to offer affordable recruitment services to small and medium sized companies. The company charges a flat fee of $4,000 per open position.

Bob Myhal (CEO) leads the Bedford NH based company which was registered in 2012. NextHire kept its revenues undisclosed.
The board of directors includes Michael Collins.

The company has raised an estimated total of $375,000 via private unregistered security offerings.

NextHire is registered under the name Best Face Forward

Offering recap
Status: Completed
Company: NextHire
Industry: Other Technology
Amount offered: $200,000
Amount placed: $200,000
First sale: 04-01-2014
Data as of: 08-26-2014

For more information visit www.XDATA.co

Talentoday files for first close after raising 78%


XDATA – August 8th 2014

talentodayTalentoday‘s first close reached $776,000. The company’s $1 million non-brokered equity issue was 78% sold to twelve investors. The first commitments were received on July 25th. Based on the offering’s structure, the company has until July 2015 to raise an extra $224,000. This is the first time Talentoday is selling securities under a registration exemption.

Talentoday develops and markets a online career guidance platform revolving around a proprietary psychometric tool. It automates and simplifies the guidance process by providing a free assessment for individuals and a comprehensive guidance platform for career counselors that accelerates and scales effective job placement as well as identifies career path opportunities.

Pierre-François Verley (CEO) leads the San Francisco CA based company which was registered in 2013. No revenues were reported by the company.
The board of directors includes Herve Goguely and Martin Ryssen.


Offering recap
Status: First close
Company: Talentoday
Industry: Other Technology
Amount offered: $1 million
Amount placed: $776,000
First sale: 07-25-2014
Data as of: 08-08-2014

For more information visit www.XDATA.co

$500,000 debt fundraising launched by digital college admissions recruiting app


CampuScene is in the market with a $500,000 non-brokered debt offering. The offering is expected to close within a year. The company hasn’t previously offered securities on the private placement market. The debt offering’s expected net proceeds will amount to $300,000 which excludes $200,000 to be paid toward officers’ salaries.

The company developed a website which allows colleges to create virtual tours, interactive maps, a mobile presence, and all the tools required to attract the modern, digitally-inclined applicant. By consolidating all these tools on a single platform for a single market, the company estimates its application (app) will cut the time and cost of interactive recruiting tools by at least half.

CampuScene, registered in 2013, is headquartered in Denver CO. It is led by David Meyer (Chief Executive Officer). Revenues on or below $1 million were reported by CampuScene for the latest fiscal year. The executive team includes Ryan Schwartz.

Offering recap:
Status: Launched
Company: Campuscene
Industry: Other Technology
Amount offered: $500,000
Amount placed: $0