# ModernLoop

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

- Industry: Business Support Services
- Headquarters: San Francisco, US
- Website: www.modernloop.io
- Total disclosed funding: $12M
- Latest round: Series A (Aug 23, 2022)
- Investors on record: 5

## About

ModernLoop, Inc. provides automated interview scheduling solutions to streamline recruitment processes for organizations, enhancing efficiency and improving user experiences in hiring.Founded in 2020, ModernLoop, Inc. operates from San Francisco, US, and focuses on automated scheduling for interviews. The company was co-founded by Christopher Triolo and Lydia Han, who serves as the CEO. In August 2022, ModernLoop raised USD 9.000 mn in Series A funding led by Accel, with participation from Quiet Capital and Web Investment, bringing the total amount raised to USD 9.000 mn.ModernLoop specializes in automated interview scheduling solutions designed to streamline the recruitment process for organizations. The core offering includes a platform that automates the scheduling of interviews by syncing calendars, comparing workloads, and suggesting suitable interviewers based on candidate profiles. This service aims to enhance recruiter efficiency and improve the candidate experience by eliminating delays and reducing the time-to-schedule interviews. ModernLoop's solutions cater primarily to businesses across various sectors, including technology and retail, with a significant client base comprising recruiting teams and human resources departments in North America and Europe. Their product is particularly valuable for companies experiencing rapid growth, allowing them to maintain a high standard of hiring practices while managing increased interview volumes.ModernLoop generates revenue through subscription-based models, providing tiered pricing plans for its interview scheduling platform. Clients typically engage with the service through annual or monthly subscriptions that grant access to its features, which include automated interview requests, customizable training programs for interviewers, and insightful analytics for recruitment efficiency. The pricing structure is designed to accommodate businesses of varying sizes, enabling organizations to scale their hiring processes without incurring excessive costs. Revenue is also likely bolstered through partnerships with applicant tracking systems (ATS) and other integrated software solutions, facilitating a seamless experience for users and further embedding ModernLoop's utility in clients' recruitment workflows.In August 2022, ModernLoop, Inc. raised USD 9.000 mn in Series A funding, which will be utilized to expand its business reach. The company plans to introduce new products aimed at enhancing its interview scheduling capabilities and is targeting expansion into new geographic markets, including Europe and Asia, by 2024.

## Funding rounds

- Series A, Aug 23, 2022, $9M — Accel, Quiet Capital, Web Investment
- Seed, Oct 5, 2021, $3.3M — Accel, Webb Investment Network
- Seed, Mar 24, 2021 — Y Combinator

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series A
- Webb Investment Network (https://capitalatlas.ai/funds/webb-investment-network) — Seed
- Quiet Capital (https://capitalatlas.ai/funds/quiet-capital) — Series A
- Web Investment — Series A