RecruitBot Secures $8.2M in Second Seed Round to Change the Future of Recruitment with AI
Slow Ventures led the investment round, joined by OCA Ventures, Freestyle Capital, Parade Ventures, and Kevin Mahaffey.
Funding Round Info:
A further $8.2 million has been secured by RecruitBot to support the expansion of its AI-based software. The investment was led by Slow Ventures with participation from OCA Ventures, Freestyle Capital, Parade Ventures, and Kevin Mahaffey. RecruitBot gives hiring managers access to cutting-edge sales and marketing tools designed specifically for recruitment. RecruitBot offers a Recruiting Flywheel that becomes better over time in place of outdated recruiting funnels where each position is filled by beginning from scratch every time.
About RecruitBot:
RecruitBot is an artificial intelligence-based recruiting platform that aims to find the best applicants for open positions. The company's platform enables clients to predict which candidates are relevant for each position and save time for hiring managers by partnering with public and private data companies to build and maintain a collection of global candidate profiles in the world. Clients can then reach out to suitable candidates all at once with a customizable drip campaign interface using machine learning.
About Slow Ventures:
Having offices in San Francisco, Boston, and New York, Slow Ventures specializes in venture capital for early-stage companies. They are generalists that invest in early-stage companies and concepts across a variety of industries, including SaaS, cryptocurrency, consumer brands, and social networking. Slow Ventures believes that great things typically take time to manifest and thinks that supporting outstanding entrepreneurs on their journey should be their top priority.
About OCA Ventures:
OCA Ventures is an early-stage venture capital firm focused on equity investments in companies with dramatic growth potential, primarily in highly-scalable services businesses. Their focus investment areas are digital health, fintech, consumer software, and enterprise software. As investors, their goal is to become an extension of the team and use their resources and experiences to help companies jump to the next level. They want to be long-term strategic partners and active investors.
About Freestyle Capital:
Freestyle Capital is a venture capital firm specializing in growth capital, seed, and early-stage investments in the fintech sector. The Firm seeks to invest in technology, media, telecommunications, internet software, and consumer and web-based enterprise technology companies. Freestyle was founded in 2009 and was one of the first firms to specialize exclusively in seed-stage companies.
About Parade Ventures:
Parade Ventures is a seed-stage venture fund investing in enterprise-themed companies. Parade Ventures likes to be the first money in for the seed stage. The creators of Parade have unrivaled access to a top-tier network of entrepreneurs and business leaders who are real authorities on how to run profitable business-to-business and consumer businesses.