Entelo, a San Francisco, CA-based recruiting automation company, acquired ConveyIQ, a NYC-based provider of candidate engagement Software-as-a-Service solutions.
With the acquisition, whose amount was not disclosed, Entelo will offer end-to-end management of all candidate interactions from source-to-hire. Additionally, the combined company’s AI-based targeting and candidate re-engagement capabilities will allow organizations to mine their existing candidate database to uncover and rediscover matched talent for current open roles.
Concurrent with the acquisition, Entelo has raised a new round of funding (of undisclosed amount, as well) from current investors of the two companies including Battery Ventures, Shasta Ventures, USVP, 3TS Capital Partners, SC Ventures and StarVest Partners.
ConveyIQ’s CEO and Founder, Danielle Weinblatt, will assume the role of President and Chief Product Officer, Andrew Schafer will become Entelo’s Chief Technology Officer and Larry Murff will become Entelo’s Chief Financial Officer.
The company will be led by Jon Bischke, the current CEO.
ConveyIQ provides an individualized candidate experience utilizing customizable email templates, text messages, scheduling tools, digital interviews, surveys, analytics and more, which allows brands in over 95 countries to communicate with and hire talent, including Dentsu Aegis, Buzzfeed, Proscribe, Square, Kaplan, and The New York Times.
Now, combined, both organizations currently provide solutions to over 600 companies such as Target, Amazon, NBCUniversal, HubSpot, and Charles Schwab who use either Entelo or ConveyIQ to automate candidate sourcing, recruiting operations, candidate experience and engagement.
FinSMEs
27/08/2019