RippleMatch raises $23.5m to build platform

SaaS News -Ripple-Match(source: SaaS Industry)
At a Glance

New York-based RippleMatch, a platform for early-career hiring, has raised $23.5 million in funding and has unveiled RippleMatch Customer Relationship Management (CRM) to assist employers in recruiting early talent virtually.

While proceeds from the fund led by Invus Opportunities and existing investors such as G20, Work-Bench, Alleycorp, Bullpen Capital, and Accomplice; shall be used to build its platform, the CRM tool launched shall leverage automation, enabling early career hiring and nurture candidate relationships. 

Quoting the moment as special in their journey of recruiting intelligent, efficient, as well as accessible for job seekers from underrepresented backgrounds, RippleMatch CEO Andrew Myers commented,

“The new funding will allow us to continue building out our intelligent hiring platform, empowering companies across the country to understand their data and build a recruiting pipeline that more accurately mirrors the demographics of the broader U.S. population.”

RippleMatch tool users for candidate sourcing, and virtual events management, were thrilled to learn about the launch of the new CRM. Alyson Davis, University Recruiting Lead, Lenovo, said,

“Leveraging RippleMatch’s CRM for early-career recruitment will make it easier for our team to execute a year-round candidate engagement strategy and to build talent pipelines for the future.”

Designed to be a modern campus recruiter, RippleMatch makes use of automation with data insights to reach a diverse talent pool. Traditionally, talents from various places tend to be ignored when enterprise companies form career services offices on only five to ten campuses. RippleMatch breaks the norm by identifying and engaging with candidates from more than1300 college campuses. 

Having leading employers, including the likes of Amazon, SAP, eBay, and with a single platform, they provide integrated solutions not just for candidate sourcing but also diversity recruitment, recruitment marketing, employer branding, and virtual events. 

Jenn Prevoznik McNamara, Global Head of Strategic Projects & Programs Lead, Early Talent Attraction at SAP, states,

“SAP’s daily usage of the RippleMatch platform allows our team to succeed in a 100% virtual environment, reach more candidates, and maximize candidate reach to diverse populations. Their data analytics, event management platform, and true partnership allow us to make strategic hiring decisions.”

Previous News Post
Next News Post
Most Popular