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SmartRecruiters

Enterprise Software
SmartRecruiters is a San Francisco-based talent acquisition software platform providing applicant tracking and hiring management tools used by enterprises to manage their recruiting processes.
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SmartRecruiters was founded in 2010 by Jerome Ternynck, based on the observation that many enterprise applicant tracking systems, the software companies use to manage job postings, candidate applications, and the broader hiring workflow, had historically been built on older technology with clunky, dated user interfaces that made the hiring process cumbersome for hiring managers, recruiters, and job candidates alike, at a time when consumer software experiences in most other categories had evolved considerably toward more modern, intuitive design standards that many legacy enterprise HR software products had not kept pace with. SmartRecruiters's platform provides applicant tracking and broader talent acquisition management software intended to offer a more modern, intuitive user experience than many legacy enterprise recruiting software products, covering the full hiring workflow from posting job openings across various job boards and the company's own careers page, through managing candidate applications and interview scheduling, to extending and managing job offers, while providing recruiting analytics that help talent acquisition teams understand and optimize their hiring funnel performance. The company has positioned its platform as an open, extensible system that integrates with a wide range of other recruiting-adjacent tools and services, such as background check providers, assessment tools, and various sourcing platforms, rather than a closed, all-in-one system that limits customers to only SmartRecruiters's own native features, an approach the company has argued gives large enterprise customers more flexibility to build a customized recruiting technology stack suited to their specific hiring needs and existing vendor relationships. SmartRecruiters's customers span large global enterprises across many industries with significant hiring volume and complexity, including multinational companies needing to manage recruiting processes and compliance requirements across many different countries and business units. The company has raised substantial venture funding from investors including Insight Partners, Mayfield Fund, and Silver Lake Waterman, reaching a valuation exceeding $1.5 billion, competing with other applicant tracking system providers including Greenhouse and Workday's recruiting module in the broader enterprise talent acquisition software category.
FOR QUALIFIED INSTITUTIONAL AND ACCREDITED INVESTORS ONLY: Under federal securities laws, private market investments on this platform are available exclusively to Institutional and Accredited Investors. Verification of status required before investing. Private investments involve significant risks including illiquidity, potential loss of principal, and limited disclosure requirements. "Augment" refers to Augment Markets, Inc. and its affiliates. Augment Markets, Inc. is a technology company offering software and data services, not a bank or financial institution. Cash Accounts are provided by Modern Treasury Corp. financial institution partners and through Augment's technology. Augment does not act as a money services business, provide money transmission, or serve as a custodian of funds. Funds held in your Cash Account are not FDIC insured unless expressly disclosed. Full terms available in the Augment Cash Account Agreement. Brokerage services are offered through Augment Capital, LLC, an affiliated broker-dealer and member FINRA/SIPC. "Investment accounts" are not brokerage accounts and do not hold customer funds or securities. Investment advisory services are offered through Augment Advisors, LLC, an SEC-registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. Neither Augment Advisors, LLC nor Augment Capital, LLC provide legal or tax advice; consult your attorney or tax professional regarding your specific situation. For additional information, please refer to Augment Advisors, LLC's Form ADV Part 2A (Firm Brochure) and FINRA BrokerCheck.
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