Jobvite, Inc.
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Jobvite, Inc. - overview
Established
2006
Location
Indianapolis, IN, US
Primary Industry
Software
About
Jobvite, Inc. is a US-based recruitment software company that specializes in simplifying the hiring process for organizations through advanced AI-driven tools and comprehensive solutions. Founded in 2006 in Indianapolis, US, Jobvite, Inc. offers a recruitment software platform that aids organizations in efficiently managing their hiring processes.
The company successfully merged with Hireku, Inc. and NXTThing RPO, LLC in April 2021, creating a robust provider of talent acquisition solutions. Co-founders Ariel Jerez, Dwaine Maltais, and Jesper Schultz, have previously been involved in other entrepreneurial ventures. As of 2021, Jobvite has raised a total of USD 200.
00 mn through multiple funding rounds, with K1 Investment Management being a key investor in the latest round. Jobvite’s platform includes an AI-powered Applicant Tracking System (ATS), an AI Interview Companion, an AI Screening Companion, and an AI Sourcing Companion. These tools facilitate every stage of recruitment, making them particularly useful in sectors like healthcare, technology, and financial services. Jobvite serves a diverse clientele, from startups to Fortune 100 companies, across various regions, including North America, Europe, and parts of Asia.
Jobvite operates under a subscription model with pricing plans customized to meet client needs. The flagship AI-powered ATS solutions are offered in subscription packages that vary by features and scale. Larger enterprises may choose comprehensive packages including advanced analytics, while smaller organizations may select essential options. This model generates consistent revenue through ongoing subscription fees and long-term contracts with clients.
Jobvite aims to leverage its recent merger to enhance product offerings and expand its market presence. The merged entity will focus on designing new talent acquisition solutions and targeting new geographic markets for growth. The recent funding of USD 200. 00 mn will support these initiatives, ensuring a strong foundation for future product developments and market expansion strategies.
Current Investors
Trident Capital, Catalyst, Presidio Partners
Primary Industry
Software
Sub Industries
eMarketing/Digital Marketing, Web Applications, Application Integration Software, Customer Relationship Management, HR & Workforce Software
Website
www.jobvite.com
Verticals
Mobile Apps
Company Stage
Unspecified Round
Total Amount Raised
Subscriber access only
Jobvite, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Merger | Completed | Hireku, Inc., Jobvite, Inc., NXTThing RPO, LLC | - |
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