SmartRecruiters raises $110M at a $1.5B valuation to expand its end-to-end recruitment platform
https://techcrunch.com/2021/07/20/smartrecruiters-raises-110m-at-a-1-5b-valuation-to-expand-its-end-to-end-recruitment-platform/
The global Covid-19 pandemic had a chilling effect on a number of industries and their workforces, resulting in mass furloughs and layoffs. But now, with countries now taking steps back to “normal”, that has been leading, in many cases, back to a hiring surge. Today, SmartRecruiters, one of the companies that has built software to handle that process more smoothly, is announcing $110 million in funding to seize the moment.
The funding, a Series E, is coming in at a $1.5 billion valuation, the company confirmed. Silver Lake Waterman is leading this round, with previous backers Insight Partners, and Mayfield Fund also participating.