Total amount raised
$45.5 Millions
Latest funding date
01/01/2022
Location
HireEZ has successfully raised funds through a Series B round, with notable investors including Conductive Ventures and Duke Chung. The platform offers AI-powered recruitment solutions, enhancing talent acquisition through intelligent sourcing and engagement.
Keep reading to explore the intricacies of HireEZ's fundraising journey and the investors backing this innovative platform.
What Is HireEZ?
HireEZ, founded in April 2015 by Steven Jiang and Xinwen Zhang, is headquartered in Mountain View, California. The company operates within multiple industries, including AI, Big Data, Employment, Human Resources, Machine Learning, Recruiting, SaaS, and Software.
With a team of 101-250 employees, HireEZ offers an AI-powered recruitment platform that enhances talent acquisition through intelligent sourcing, engagement, and integration. The platform aims to simplify recruitment processes and elevate talent quality, supporting a strategically scalable approach to workforce development.
How Much Funding Has HireEZ Raised?
- Seed Round
- Amount Raised: $1.5M
- Date: May 2015
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To establish the company and develop the initial version of the AI-powered recruitment platform.
- Series A
- Amount Raised: $5M
- Date: September 2018
- Lead Investors: Northern Light Venture Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance product development and expand market reach.
- Series B
- Amount Raised: $13M
- Date: August 2020
- Lead Investors: Oceanpine Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and improve AI capabilities.
- Series B+
- Amount Raised: $26M
- Date: January 2022
- Lead Investors: Conductive Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To invest in product innovation, expand operations, and scale the team globally.
Total Amount Raised: $45.5M. Current Valuation: Not publicly disclosed.
Key Investors
- Conductive Ventures
- Details: Conductive Ventures is a venture capital firm that led the Series B+ funding round for HireEZ. The firm focuses on investing in expansion-stage companies.
- Investment Focus Areas: Technology, software, hardware, technology-enabled services
- Notable Investments: Not publicly disclosed
- Oceanpine Capital
- Details: Oceanpine Capital is a venture capital firm that led the Series B funding round for HireEZ. The firm is known for its investments in technology-driven companies.
- Investment Focus Areas: Technology, AI, big data, enterprise software
- Notable Investments: Not publicly disclosed
- Northern Light Venture Capital
- Details: Northern Light Venture Capital is a venture capital firm that led the Series A funding round for HireEZ. The firm focuses on early and growth-stage investments.
- Investment Focus Areas: Technology, healthcare, consumer services, media
- Notable Investments: Not publicly disclosed
What's Next for HireEZ?
HireEZ stands at the cusp of significant growth opportunities, driven by its recent $26 million funding round. The company plans to invest in product innovation, expand operations, and scale its team globally. With access to over 750 million candidate profiles and serving more than 5,000 leading companies, the potential for growth is immense.
Future fundraising opportunities seem promising as HireEZ continues to enhance its AI-powered recruitment platform. The increasing reliance on AI in recruitment and the growing need for efficient talent sourcing present a fertile ground for further investments. However, the company may face challenges such as competition from other AI recruitment platforms and ensuring data privacy and compliance with regulations.
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