



Recruiting News Network
Recruiting
News
OperationsThe Recruiting Worx PodcastMoney + InvestmentsCareer AdviceWorld
Tech
DEI
People
People on the Move
The Leaders
The Makers
People
People on the Move
The Leaders
The Makers
Brand +
Marketing
Events
Labor +
Economics
SUBSCRIBE





Money + Investments

WorkTech Weekly Investment Rundown

George LaRocque

March 26, 2021

Money + Investments

WorkTech Weekly Investment Rundown

George LaRocque

March 26, 2021

Photo by Mathieu Stern

UK-based Arbolus Raises USD $6M for Its Expert Advisory Marketplace

UK-based Arbolus announced a USD $6m Series A round of venture capital for its expert advisory marketplace, bringing its total raised to $9.3 million. Expert advisory networks like Arbolus, GLG, and Guidepoint have been leveraged for years as part of market research and due diligence by corporates and investors. These expert research firms have a fairly consistent model. They match the expert to their customer for a one-hour call. Not exactly worktech.

The interesting thing about the Arbolus announcement is that it positions itself as a “professional networking platform” leveraging an AI matching engine to put advisors and Arbolus customers together. Experts create a profile on the site and Arbolus customers source connections and schedule interviews/one-hour calls via the platform. Independent interviews are also transcribed for use by Arbolus customers on myriad topics.

Arbolus has basically turned the research advisory network into a strategic advisory job board marketplace. Is that a good thing? WorkTech Founder George LaRocque

$5 billion was invested in HR technology globally in 2020. Get the free WorkTech 2020 Global HR Tech VC Report here.

Source: Arbolus raises $6M from Fuel Ventures and Plug and Play to apply ML to expert knowledge | TechCrunch

Belgium-based Ambassify Raises USD $2.4 Million to Turn Employee Engagement Into Brand Advocacy

Belgium-based Ambassify raised a USD $2.4 million Seed Round of VC for its employee brand advocacy app. The app leverages polls and surveys to engage employees and motivate them to share via social channels. Leveraging employee voices for amplification of the brand is a valuable approach, especially in employer branding and recruitment marketing. However, Ambassify’s current messaging focused on “employee engagement” might confuse the buyer more than engage them.

“Employees often are the most underrated marketing resource within a company. We offer employers an efficient way to tap into the marketing potential of their employees.”from Ambassify’s press release

$5 billion was invested in HR technology globally in 2020. Get the free WorkTech 2020 Global HR Tech VC Report here.

Source: Press Release – Ambassify raises €2 million to reinvent employee engagement‍

Fetcher Raises $6.5M to Automate Recruiting Candidate Sourcing

Fetcher announced a $6.5 million Series A round of venture capital for its candidate sourcing app. This brings its total raised to $12 million.

Fetcher automates the searching and sourcing of job candidates as well as the initial communication outreach. Fetcher reports that its platform integrates with email, calendars, and Applicant Tracking Systems (ATS). Its one-click Chrome extension allows recruiters to manually source directly on LinkedIn, filtering qualified prospective candidates into automated email outreach sequences for recruiting engagement. Its analytics allows companies to track top-of-funnel performance metrics at the individual and team levels, as well as at the position and company levels.

$939 million was invested in talent acquisition globally during 2020. Get free 2020 Global HR Tech VC Lookback for free, here.

Source: Fetcher raises $6.5M to automate parts of the recruiting process

‍

‍

‍

‍


‍

‍

‍

‍

‍

‍

‍

George LaRocque's updates on who got how much this week

What we're reading

‘We’re all fighting the giant’: Gig workers around the world are finally organizing

by
Peter Guest
-
rest of world

Gig workers are connecting across borders to challenge platforms’ power and policies

Got Zoom fatigue? Out-of-sync brainwaves could be another reason videoconferencing is such a drag

by
Dr. Julie Boland
-
The Conversation

I was curious about why conversation felt more laborious and awkward over Zoom and other video-conferencing software.

How to Purchase an Applicant Tracking System

by
Dave Zielinski
-
SHRM

Experts say the first step in seeking a new ATS should be to evaluate your existing recruiting processes.

View All Articles

Events
No items found.
View All Events
Related Articles

Rising Hourly Wages Are Reshaping Talent Acquisition Strategies for HR Leaders

April 1, 2025

Pay transparency isn’t optional–here’s how to own it

HR Dive

January 23, 2025

© 2024 recruiting news network.
all rights reserved.



Categories
Technology
Money
People
TA Ops
Events
Editorial
World
Career Advice
Resources
Diversity & Inclusion
TA Tech Marketplace
Information
AboutContactMedia KitPrivacy Policy
Subscribe to newsletter
