Altru Labs
Latest round
- Series A
Last raised
- Jun 2018
Total raised
- $1.3M
Investors
- 3
About Altru Labs
Altru Labs Inc.Founded in 2017 in New York, Altru Labs Inc. focuses on providing advanced digital recruitment solutions. The company was acquired by iCIMS, Inc. on December 14, 2020, for USD 60 mn, a strategic move to expand iCIMS's market reach.Altru Labs provides a suite of talent acquisition solutions aimed at improving hiring efficiency for organizations. Their flagship product, the iCIMS Talent Cloud, features a configurable Applicant Tracking System (ATS) for automating candidate sourcing and recruitment workflows.Altru Labs operates on a subscription-based revenue model, allowing clients continuous access to its recruitment solutions. Clients engage in annual or multi-year agreements, benefiting from tools like iCIMS Hire and iCIMS Engage., Altru Labs plans to leverage the USD 60 mn investment to enhance its talent acquisition technology further. The company will focus on rolling out new product features and exploring strategic partnerships to increase its market presence. The rapid expansion into the Asia-Pacific region is also a targeted initiative, with specific plans for market entry by 2022.
Who invested in Altru Labs
3 investors across 1 round
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Funding rounds
Series A
Jun 7, 2018
Amount
$1.3M
Investors
Questions about Altru Labs
Who invested in Altru Labs?
Altru Labs has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Altru Labs raised?
Altru Labs has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Altru Labs last raise money?
Altru Labs's most recent round on record is a Series A, in Jun 2018.
What does Altru Labs do?
Altru Labs is a software company.
Where is Altru Labs headquartered?
Altru Labs is headquartered in New York, US.
Which VCs invest in companies like Altru Labs?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Altru Labs's stage. Their profiles are linked below.
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