# TextRecruit

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

- Industry: Software
- Headquarters: San Jose, US
- Website: www.textrecruit.com
- Total disclosed funding: $3M
- Latest round: Series A (Mar 13, 2017)
- Investors on record: 1

## About

TextRecruit, LLC is a technology company focused on transforming the recruitment landscape through AI-powered text messaging solutions, enhancing candidate engagement and streamlining hiring processes for businesses across various industries.TextRecruit, LLC, founded in 2014, is based in San Jose, US. The company specializes in recruitment solutions that leverage AI-driven text messaging to facilitate hiring. In January 2018, iCIMS, a portfolio company of Susquehanna Growth Equity, acquired TextRecruit, with undisclosed financial terms. The latest funding round was a Series A, led by SignalFire, raising USD 3.00 mn, bringing the total amount raised to USD 3.00 mn.TextRecruit offers a suite of recruitment solutions centered around its flagship iCIMS Text Recruiting Software. This enterprise applicant tracking system (ATS) automates sourcing and candidate engagement through AI-driven text messaging, catering to industries such as retail, healthcare, and finance. TextRecruit aims to enhance the hiring experience by streamlining communication and supporting companies in building a strong talent pipeline.TextRecruit generates revenue primarily through a subscription model, where clients pay for access to its recruitment software and services. Clients engage in annual contracts to utilize the iCIMS Text Recruiting Software, alongside other offerings. Additionally, revenue is bolstered through partnerships with major service providers like ADP and Microsoft, which integrate with TextRecruit's solutions to enhance their recruitment capabilities.TextRecruit plans to leverage recent funding to further develop its technology and expand its market presence. The company is focused on launching new products that enhance recruitment processes and aims to enter new geographic markets to broaden its client base. The recent acquisition by iCIMS reinforces TextRecruit's strategic direction, aligning resources for future growth and product innovation.

## Funding rounds

- Series A, Mar 13, 2017, $3M — SignalFire

## Investors

- SignalFire (https://capitalatlas.ai/funds/signalfire) — Series A