Fountain

SoftwareSeries CSan Francisco, USfountain.com

Latest round

Series C

Last raised

Apr 2022

Total raised

$171M

Investors

22

About Fountain

OnboardIQ, Inc. is a workforce management company established in 2014, located in San Francisco, US. The company provides technology solutions aimed at enhancing the hiring process.303 mn.Fountain is a frontline workforce management platform specializing in solutions designed to streamline hiring processes, enhance employee engagement, and ensure compliance. Its core offerings include Fountain Onboard, which facilitates efficient onboarding and I-9 verification, and Fountain Reach, an AI-driven recruitment tool that identifies and engages talent beyond traditional job boards. These products are built to support high-volume hiring in industries such as retail, logistics, hospitality, healthcare, and food and beverage, addressing the unique challenges of recruiting and retaining frontline workers. Fountain's customer base consists of organizations looking to optimize their staffing processes, with notable case studies highlighting significant reductions in time-to-hire, such as an 80% decrease reported by Bojangles.Fountain generates revenue through a subscription-based model that allows businesses to access its suite of workforce management tools. Clients engage with the platform on a B2B basis, subscribing to services tailored to their specific hiring needs. Transaction structures often involve tiered pricing plans, where customers pay based on the features and functionalities they choose to use, including options for automated onboarding and AI-driven recruiting solutions. By leveraging advanced AI technology, Fountain's flagship products, such as Fountain Onboard and Fountain Reach, enable organizations to reduce hiring times and streamline administrative tasks, ultimately driving greater operational efficiency.In April 2022, OnboardIQ, Inc. The company plans to introduce new products aimed at enhancing its existing offerings and intends to expand into additional European and Asian markets.

Who invested in Fountain

22 investors across 5 rounds

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Funding rounds

  1. Series C

    Apr 3, 2022

    Amount

    $57M

    Investors

    Locked

  2. Series C

    Sep 6, 2021

    Amount

    $80M

    Investors

    Locked

  3. Series B

    Oct 29, 2019

    Amount

    $23M

    Investors

    Locked

  4. Series A

    Apr 26, 2017

    Amount

    $9.1M

    Investors

    Locked

  5. Seed

    May 18, 2015

    Amount

    $1.6M

    Investors

    Locked

Questions about Fountain

Who invested in Fountain?

Fountain has 22 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Fountain raised?

Fountain has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Fountain last raise money?

Fountain's most recent round on record is a Series C, in Apr 2022.

What does Fountain do?

Fountain is a software company.

Where is Fountain headquartered?

Fountain is headquartered in San Francisco, US.

Which VCs invest in companies like Fountain?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Fountain's stage. Their profiles are linked below.

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