Modern Hire
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$4.7m | Series A | ||
$3.0m | Early VC | ||
$4.0m | Series B | ||
$6.0m | Series C | ||
$2.0m | Debt | ||
* | N/A | Growth Equity VC | |
* | N/A | Acquisition | |
Total Funding | €16.1m |
Related Content
Recent News about Modern Hire
EditModern Hire is a leading provider of advanced hiring solutions, transforming the recruitment process for enterprises with its innovative platform. The company serves a diverse range of clients, including nearly half of the Fortune 100, across multiple industries such as healthcare, financial services, logistics, and retail. Modern Hire operates in the HR technology market, offering a comprehensive suite of tools that integrate interviewing, assessment, predictive analytics, and AI technology. This data-driven approach ensures a more effective, efficient, ethical, and engaging hiring experience for both recruiters and candidates.
The business model of Modern Hire revolves around providing a subscription-based platform that companies can use to streamline their hiring processes. By leveraging advanced selection science and automated interview tools, Modern Hire helps organizations reduce time-to-hire, improve hiring outcomes, and build a more engaged, qualified, and diverse workforce. The company generates revenue through subscription fees and additional services such as training and support.
Modern Hire's platform is designed to predict candidate success rigorously, making it a trusted choice for over 700 brands. The platform's on-demand interview options and ease of use have been highly praised by candidates, with 95% affirming increased interest in the job. The company's solutions are built on decades of research and data, ensuring they meet the specific needs of various industries and use cases, including high-volume hiring and diversity hiring.
Keywords: AI technology, predictive analytics, enterprise recruitment, hiring platform, candidate assessment, selection science, automated interviews, diverse workforce, HR technology, subscription-based.