# Hireology

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

- Industry: Software
- Headquarters: Chicago, US
- Website: www.hireology.com
- Total disclosed funding: $26M
- Latest round: Series D (Apr 5, 2019)
- Investors on record: 6

## About

Hireology, Inc. is a technology company that provides a specialized HR and recruitment platform, enhancing the hiring processes for businesses through automation and data-driven insights.Founded in 2010 by Adam Robinson and Michael Krasman, Hireology, Inc. is headquartered in Chicago, US. The company focuses on simplifying the hiring process for businesses and has raised a total of USD 12.00 mn in funding, with the latest round being Series D in April 2019, led by Blue Cloud Ventures. The firm has completed 9 deals to date, demonstrating its growth and investor interest.Hireology offers a comprehensive HR and recruitment platform designed to streamline the hiring process for businesses across multiple locations. Their core product focuses on recruitment automation, which helps organizations attract, manage, and onboard candidates efficiently. This platform enhances the hiring experience by leveraging data-driven insights to reduce time-to-hire and improve candidate quality, making it particularly valuable for industries such as automotive, healthcare, and hospitality. Hireology's solutions aim to address key pain points in the recruitment lifecycle, including sourcing candidates, onboarding new employees, and tracking hiring performance to identify bottlenecks. The company's clientele includes over 10,000 businesses primarily located in the United States, but they also cater to clients in international markets, providing tailored solutions that meet diverse industry needs.Hireology generates revenue through a subscription-based model, allowing businesses to access their suite of recruitment and HR tools. Clients typically engage with the platform via annual or monthly subscription plans, which grant them access to various services such as applicant tracking, onboarding, payroll management, and employee engagement solutions. The company’s flagship offerings include features that optimize hiring metrics and streamline HR functions, creating a valuable proposition for multi-location businesses. Transactions are designed to facilitate direct business-to-business interactions, with clients benefiting from comprehensive support and automated processes that enhance recruitment efficiency. Pricing plans are structured to accommodate varying business sizes and needs, ensuring that organizations can select the options that best align with their operational goals.In April 2019, Hireology, Inc. raised USD 12.00 mn in Series D funding led by Blue Cloud Ventures, with participation from Silicon Valley Bank, Bain Capital Ventures, and Baird Capital Partners. The company aims to utilize this funding to enhance its platform and develop new products that cater to expanding market needs. Future growth strategies include entering new geographic regions and targeting industries beyond its current sectors, with plans to launch innovative solutions designed to improve client engagement and recruitment efficiency.

## Funding rounds

- Series D, Apr 5, 2019, $12M — Baird Capital Partners, Bain Capital, Silicon Valley Bank, Blue Cloud Ventures
- Series C, Jun 9, 2016, $13M — Baird Capital Partners, Bain Capital, Lightbank
- Series A, Jul 10, 2012, $1M — FireStarter Fund

## Investors

- FireStarter Fund (https://capitalatlas.ai/funds/firestarter-fund) — Series A
- Baird Capital Partners (https://capitalatlas.ai/funds/baird-capital-partners) — Series C, Series D
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series C, Series D
- Lightbank (https://capitalatlas.ai/funds/lightbank) — Series C
- Silicon Valley Bank — Series D
- Blue Cloud Ventures (https://capitalatlas.ai/funds/blue-cloud-ventures) — Series D