Employee Referral Tool Gets Funding

Rec Tech: the Recruiting Technology Podcast

ERIN, a leading employee referral platform, today announced the closing of a $5 million financing round led by Reformation Partners.“Growth over the last year has been incredible. ERIN is now the employee referral platform for over 1.5 million employees in 100 countries” said Mike Stafiej, CEO. “This round of funding will allow us to keep up with market demand, drive innovative new features, and continue to provide world-class support to our customers”.

https://hrtechfeed.com/employee-referral-platform-lands-5-million/

NEW YORK — Revelio Labs, the workforce intelligence company, today announced its Series A capital raise of $15 million. The capital will be used to expand Revelio Labs’ offerings for corporate HR and strategy, and comes less than a year after the company raised $4.5 million in seed funding. Since then, Revelio Labs has tripled in size, with over 150 clients ranging from investors to corporate strategists and HR teams, as well as governments.

https://hrtechfeed.com/workforce-intelligence-tool-gets-15-million/

JobSync, creators of the first-ever Talent Acquisition Automation Platform (TAAP), and Talent Board, a nonprofit candidate experience benchmark research organization, today released their joint research report, Are Recruiting Technologies Delivering on Their Promise and Potential? Based on a global survey of nearly 250 recruiters and Talent Acquisition (TA) and Human Resources (HR) professionals, the report reveals that the various technologies participants rely on to source, recruit, and hire new talent—technologies that have, in many cases, been in use for more than a decade—still don’t integrate particularly well and often require creative workarounds or the use of manual processes.

https://hrtechfeed.com/press-release-new-research-from-jobsync-and-talent-board/