Employers are shifting away from traditional hiring methods and this year. 75% say technology will play a larger role in their companies hiring process in 2019, and 22% percent plan to increase their spend on AI-powered recruiting software. These findings come from the 2019 Entelo Recruiting Automation Trends Report which surveyed 625 talent acquisition professionals from around the world to identify the trends and innovations driving the recruiting and hiring industry forward.
Here's your summer fix for all thats new in recruiting technology land.
Upsider is a new sales rep matching tool for employers and candidates. Link via ERE.
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HourlyNerd, the Boston-based online freelancer marketplace startup that recently landed $22 million in venture funding from investors including Dallas Mavericks owner Mark Cuban, announced that it has rebranded to “Catalant.” The name is a combination of the words “catalyst,” “brilliant,” and “talent,” according to a release. Link.
Workday acquires Platfora to help it improv its analytics. Link.
Drafted launched the second version of its app earlier this year, letting people browse through job listings, see if they have any mutual connections to a job they want and request an intro to the hiring manager through any mutual connections. Sources say they are planning to open it up to more companies outside of Massachusetts this fall.
The startup has raised $2.5 million so far from several investors, including General Catalyst Partners, Accel Partners, Paul English’s Blade startup accelerator and Boston Syndicates. It has six employees. Link.
Mya, an AI platform from FirstJob, aims to make sure no applicant goes into the void—and no recruiter has to wade through a sea of resumes. Interesting to see how these guys have pivoted and are trying to take advantage of the “chatbot gold rush” Link.
Snagajob says they are looking for more stuff to acquire. If your tool targets hourly employees you might want to give them a call. Link.
Company in Denmark creates a Job title extractor. Check it out https://goodwin.relinklabs.com
Indeed launches JobSpotter app for retail businesses. Designed for people to take pics of we’re hiring signs in store windows. Link.
AfterCollege buys Cross-Post and is making it part of Recruitology, a service that launched for employers earlier in the year. Here is a link to the press release:http://www.prweb.com/releases/2016/07/prweb13533921.htm
Bumble Bizz app: the popular swipe-based dating app understands this, so is launching a feature to help users temporarily set aside dreams of love so they can match with someone who may help them advance their career. Link.
CornerJob only closed its $10 million Series A in February. But the Barcelona-based jobs marketplace, one of several which focuses on low-skill, high-turnover recruitment via a smartphone messaging app, is now announcing a $25 million Series B funding round — meaning it’s already raised a total of $35M in less than a year. Link.