Woofound

Woofound, Inc.Founded in 2011 in Baltimore, US, Woofound, Inc. specializes in developing innovative assessment solutions. The company was acquired by Paradox, Inc. Daniel Sines, the founder, previously engaged in other business ventures prior to establishing Woofound.Traitify by Paradox primarily offers a visual-based pre-employment assessment tool designed to enhance the candidate experience and streamline the hiring process. The core product facilitates rapid personality assessments using images, enabling users to complete evaluations in just 90 seconds with a 96% completion rate. This innovative approach addresses challenges faced by traditional word-based assessments, which often result in low engagement rates. Traitify's assessments are utilized by organizations to prioritize applicant fit based on personality traits that align with successful performance in specific roles. The platform caters to a diverse clientele, including HR professionals and companies looking to improve their talent acquisition strategies.Traitify's revenue model is structured around subscriptions and partnerships with businesses seeking to integrate their assessment tools into existing talent acquisition frameworks. Clients can utilize Traitify's personality API or the hosted SaaS platform to implement assessments directly into their applicant tracking systems (ATS) or career sites, enhancing their recruitment processes. Pricing plans are tailored to the needs of organizations, with a focus on delivering value through a streamlined hiring experience. By offering customized solutions, Traitify supports businesses in reducing time-to-hire and turnover rates, which can translate into significant cost savings.Woofound, Inc. The company aims to expand its market presence in North America and Europe, focusing on sectors that demand efficient hiring solutions, with specific plans to launch additional features and tools within the next 12 months.

1. Series B

   Feb 20, 2020

   Amount

   $12M

   Investors

   Locked