# Crelate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/crelate

- Industry: Software
- Headquarters: Kirkland, US
- Website: www.crelate.com
- Total disclosed funding: $11M
- Latest round: Series B (Feb 18, 2022)
- Investors on record: 2

## About

Crelate Inc. is a technology company specializing in recruitment solutions, offering an AI-powered platform designed to optimize talent acquisition processes for businesses.Crelate Inc. was founded in 2012 in Kirkland, US, and provides an AI-powered recruitment platform that integrates ATS and CRM functionalities. The company has successfully completed 3 deals, with the most recent funding round being a Series B of USD 5.00 mn on February 18, 2022, led by Five Elms Capital. Aaron Elder serves as both CEO and founder, with a history of leadership in related technology sectors. Crelate has not undergone any significant pivots or changes in operations.Crelate primarily offers the Living Platform™, an AI-powered recruitment solution that combines applicant tracking systems and customer relationship management capabilities. This platform helps organizations improve their recruiting efficiency through features such as intelligent candidate management and real-time analytics, serving clients in North America and Europe including staffing agencies and corporate recruiting teams.Crelate generates revenue through subscription-based models for its software, which includes functionalities such as candidate sourcing, onboarding, and data enrichment. Clients subscribe to the Living Platform™, benefiting from tiered pricing plans that cater to businesses of various sizes and ensuring continuous updates and enhancements.With the recent Series B funding of USD 5.00 mn, Crelate aims to accelerate product development and expand its team to support growth initiatives. The company is focusing on enhancing its product offerings and plans to enter new geographical markets by the end of 2023. Aaron Elder will continue to lead Crelate Inc. as it implements these strategies.

## Funding rounds

- Series B, Feb 18, 2022, $5M — Five Elms Capital
- Series A, Mar 28, 2019, $4.5M — Five Elms Capital
- Seed, Apr 5, 2017, $1.2M — Alliance of Angels

## Investors

- Alliance of Angels (https://capitalatlas.ai/funds/alliance-of-angels) — Seed
- Five Elms Capital (https://capitalatlas.ai/funds/five-elms-capital) — Series A, Series B
