Two job boards received funding last week and one of them just became a unicorn.
First is RoleBot, it bills itself as AI-powered job board for top-tier, passive talent. It got 4.5 million in seed funding.
Rolebot’s AI finds the most promising talent likely to look for a new opportunity by creating an ideal look-alike of your best employees and delivering an instant pipeline of diverse candidates each day to your Inbox. With no job descriptions, no resumes, and no job postings, the system guarantees that one-third of candidates are diverse and reverses much of the bias inherent in the traditional hiring system. Rolebot helps companies exceed diversity goals and are active across many sectors. Notable customers include Snowflake (software engineering), American Red Cross (non-profit), Moss Adams (professional services), Dentsu (marketing agency), USC (higher education), and Randstad (staffing agency).”
The two-minute setup begins by plugging in two profiles of top performers in that role. With that seed, the AI builds a profile based on 100 publicly accessible data points across the web, including social media, conferences, blogs, certifications, and professional networking communities. The following day the platform delivers a list of candidates for thumbs up/thumbs down rating, tuning the results and giving you the best fit for the job without bias. To ensure candidates have a positive experience, Rolebot’s Talent Success team (real humans) oversees the process.
Talent.com lands $120 Million in new funding.
This brings their total recent investments to $150 million. This new funding will allow Talent.com to further expand its user-centric, programmatic job search platform by improving the relevancy and efficiency of the job search experience for job seekers. The funds also will be used to hire new team members globally, invest in product development, further establish the brand and scale its newest solutions for SMBs.Talent.com is available in 78 countries and 29 languages and currently employs 400 people globally. Its proprietary technology matches job seekers with relevant job opportunities while its pay-per-click model helps recruiters easily adjust their job advertising campaigns based on performance.
I’m glad talent.com got this funding as we need more competition for Indeed which has become so dominant. Over time Talent.com should begin to chip away at Indeed’s influence.