# TalentBin

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

- Industry: Internet
- Headquarters: San Mateo, US
- Website: www.honestly.com
- Total disclosed funding: $3.2M
- Latest round: Series A (Jul 16, 2013)
- Investors on record: 7

## About

TalentBin is a data-driven employee survey platform that enhances workplace engagement and organizational performance through scientifically validated survey tools and analytics.TalentBin, founded in 2009 and headquartered in San Mateo, US, operates a platform that focuses on improving employee engagement. Notably, in February 2014, it was acquired by Monster Worldwide, Inc., although the financial specifics of the deal were not disclosed. The company has received a total of 2.000 mn USD in funding, primarily through its SERIES A round led by Lightbank, alongside investors such as First Round Capital, Foundation Capital, FundersClub, and New Enterprise Associates. TalentBin has successfully completed 6 deals since its inception.Honestly offers a comprehensive employee survey platform designed to enhance workplace engagement and drive organizational performance. The platform features scientifically validated survey tools that help organizations measure and improve various aspects of the employee lifecycle, including onboarding, employee satisfaction, and leadership effectiveness. By utilizing customizable surveys, clients can gather insights from their employees on issues such as workload, communication, and company culture. The company primarily serves businesses across diverse sectors, including HR leaders and organizational managers, aiming to improve employee engagement and retention. Honestly's products are marketed and utilized in various geographical markets, including Germany, Austria, and Switzerland, where they cater to a broad client base that values data-driven insights for strategic decision-making.Honestly generates revenue through a subscription-based model, where clients pay for access to its suite of survey tools and analytics features. This transactional structure typically involves B2B engagements, where organizations subscribe to the platform to facilitate regular employee feedback and gain actionable insights. The company provides different tiers of service, allowing clients to select options based on their specific needs, which include annual and pulse surveys, onboarding and exit surveys, as well as leadership assessments. By leveraging its technological capabilities, Honestly maintains partnerships with companies seeking to foster a more engaged and productive workforce. Specific pricing plans for these services are tailored to the requirements of the clients, ensuring that they receive relevant solutions to address their employee engagement challenges effectively.Following the acquisition by Monster Worldwide, Inc. in February 2014, TalentBin aims to leverage its resources to enhance its product offerings. While specific new products are not detailed, the company plans to expand into new geographic markets to further its reach and impact. The utilization of the recent funding will support these initiatives and is expected to enhance its technological capabilities and market presence.

## Funding rounds

- Series A, Jul 16, 2013, $2M — New Enterprise Associates, Foundation Capital, First Round Capital, Lightbank, FundersClub
- Seed, Oct 19, 2010, $1.2M — CRV, First Round Capital, SV Angel
- Seed, May 21, 2010 — First Round Capital, SV Angel

## Investors

- First Round Capital (https://capitalatlas.ai/funds/first-round-capital) — Seed, Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- CRV (https://capitalatlas.ai/funds/crv) — Seed
- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series A
- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Series A
- Lightbank (https://capitalatlas.ai/funds/lightbank) — Series A
- FundersClub (https://capitalatlas.ai/funds/fundersclub) — Series A