a machine learning technology company whose product helps recruiting
companies and enterprises identify and build relationships with tech
talent, today announced a $1.16 million funding round led by Network
Ventures with additional investment from Hyde Park Angels, SaaS
Ventures, and M25. This capital will help humanpredictions further grow
and invest in its team of engineers and data scientists.
Recruiting for tech roles can be difficult. Because of the competitive
nature of tech, it is often challenging for recruiters to find people
who both have the right skills the company needs and are ready to pursue
a new job opportunity. Once they have identified people of interest,
recruiters may struggle to start the conversation in terms that
prospects will respond to.
To address those problems, humanpredictions provides organized
data-search tools and gathers public data to create profiles of people
in the tech industry, specifically Technology Leaders, Software
Engineers, DevOps, Data Science, Product, iOS/Android, Designers/UI/UX,
and QA. The platform then uses machine learning to predict which
individuals are more likely to leave their current roles. In addition,
humanpredictions facilitates the conversation with people by indicating
when and how to reach out. By accessing these insights, recruiters can
better target their outreach, find the right matches more easily, and
improve the flow of the interviewing process.
Elliott Garms, co-founder of humanpredictions, commented, “As the only
recruiting product built exclusively for the tech industry,
humanpredictions is tailor-made for companies looking to recruit for
tech roles. We know software engineers are often skeptical of
recruiters, so we want to help employers and recruiting firms build
relationships with people over time. With this capital, we’ll be able to
grow our team so that you can help grow yours.”
Jeff Maters, founder and managing director of Network Ventures, added,
“We are excited to be able to help humanpredictions grow its offering
and further build its 44-million-person database. With its powerful
insights and deep understanding of recruiters’ needs, the product is
already adding significant benefits to the tech recruiting process for a
spectrum of major companies.”
This announcement comes shortly after major growth for humanpredictions.
The company is approaching $1M in annual recurring revenue, and its
product has been adopted by industry-leading companies, including Trunk
Club, Allstate, and Emerson, among others.
humanpredictions is a data science company whose recruiting software
helps companies find tech talent. The human-centric, data-driven company
provides a database of 44 million people in the tech industry and
insights about those individuals to help recruiters find and connect
with the right people for their open roles. Companies such as Kleiner
Perkins, Allstate, Trunk Club, Emerson, CircleCI, IDEO, Tempus, Home
Chef, and Guaranteed Rate already use humanpredictions to build their
teams. To learn more about humanpredictions, visit humanpredictions.io
or follow @humanprediction.