Hireology Announces $27 Million in New Financing
Hireology, one of many hiretech companies trying to find smarter ways of helping businesses hire the right people, announced it has secured new funding.
The Chicago, Illinois based recruitment CRM for multi-location and decentralized companies, closed on a $27 million Series D financing round led by Blue Cloud Ventures, backed by Bain Capital Ventures, Silicon Valley Bank and Baird Venture Partners. To date, Hireology has raised $60.5 million in funds.
“Blue Cloud Ventures brings the right approach and perspective to our business at an important juncture in our growth,” said Hireology’s co-founder and CEO Adam Robinson, in a statement. “I could not be more excited to work with Mir and his team to take this business to a new level.”
“Hireology’s world class product and razor sharp focus on its customers’ success in attracting, recruiting and on-boarding talent has positioned the company as the go-to recruitment management platform for the automotive and healthcare sectors,” added Blue Cloud Ventures Managing Partner, Mir Arif. “We are excited to partner with Adam and the Hireology team on the next phase of their growth.”
The startup now has 200 employees serving more than 6,500 clients including FastSigns, Pearle Vision, Anytime Fitness and Sylvan Learning Centers. It’s platform empowers non-centralized businesses to build their best teams confidently. Nine year old Hireology gives human resource and business leaders the skills and technology needed to manage the full employee lifecycle – from hire to retire – in one seamless platform.
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