Trovix

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Trovix - overview

Location

Mountain View, CA, US

Primary Industry

Software

About

Trovix Inc. is a US-based software company specializing in innovative recruitment solutions. It focuses on enhancing the job application process through advanced technology, delivering tools that streamline hiring for employers and job seekers alike. Trovix is a recruitment software solutions provider that enhances the hiring process through smart technology.


The company was acquired by Monster, Inc. in August 2008 for USD 72. 5 mn. The founder, Earl Rennison, has not previously founded any other companies known in the public domain.


Trovix is headquartered in Mountain View, US. Trovix offers a suite of recruitment tools designed to improve job searching and hiring processes. Its core services include AI-driven interview preparation, intelligent resume feedback, and a centralized job application management system. The platform serves a varied clientele, including job seekers, employers, and recruiters across multiple markets, such as the United States, Canada, Europe, and Australia.


Trovix operates on a subscription-based revenue model, offering various plans for employers to access its extensive database of candidates. Employers can subscribe to services like Monster+ to gain additional features, such as increased visibility and tailored recommendations for job seekers. This structure supports a range of hiring needs, from individual job postings to bulk recruitment solutions, thus enhancing revenue through diverse service offerings. Following its acquisition by Monster, Trovix aims to leverage its advanced technology to introduce new products that enhance user experience in job recruitment.


The company plans to expand its service offerings and reach new geographic markets, specifically targeting growth in Europe and Australia by 2025. The funding from the recent acquisition will be utilized to support product development and market outreach initiatives.


Current Investors

3i, US Venture Partners, Stanford Investment Group

Primary Industry

Software

Sub Industries

HR & Workforce Software, Application Integration Software, Analytics & Performance Software

Website

www.trovix.com

Verticals

Cloud Computing

Company Stage

Acquired

Total Amount Raised

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