Woven
Latest round
- Series A
Last raised
- Nov 2012
Total raised
- $16M
Investors
- 1
About Woven
Woven is a technology company that specializes in enhancing the hiring process for engineering roles through its innovative technical interview software and human-powered assessment platform. Woven Teams, founded in 2017 and headquartered in Indianapolis, US, provides a platform designed for technical assessments in hiring. The company was founded by Matt Goebel, Renee Cobb, Ryan Ketchum, and Wes Winler, with Wes Winler currently serving as the CEO.Woven, Inc. from Accel. Financial terms of the transaction were not disclosed. Woven Teams offers a specialized technical interview software designed to enhance the hiring process for engineering roles. Their core product is a human-powered technical assessment platform that simulates real engineering work, ensuring that hiring decisions are based on actual coding skills rather than AI-generated answers. The platform includes features such as async proctoring and built-in AI and plagiarism detection to maintain the integrity of the assessments, allowing companies to identify genuine talent efficiently. Woven's assessments are tailored to specific skills like code review, debugging, and system design, providing an engaging candidate experience that reduces the dropout rate during the interview process.Woven Teams generates revenue through a subscription-based model for its technical assessment platform, targeting B2B clients such as tech firms and engineering departments. Customers engage in a streamlined transaction structure where they can access role-specific assessments from a library of scenarios, enabling them to evaluate candidates effectively. The pricing structure typically includes different tiers of service, allowing clients to choose plans that fit their needs based on the volume of assessments or specific features used. While specific pricing details are not disclosed, the service is designed to deliver a measurable impact by reducing hiring time and improving candidate quality, contributing to a more efficient hiring process for their clients. The acquisition aims to strengthen its ability to assess and match AI-focused engineering talent.
Who invested in Woven
1 investor across 1 round
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Funding rounds
Series A
Nov 21, 2012
Amount
$16M
Investors
Questions about Woven
Who invested in Woven?
Woven has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Woven raised?
Woven has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Woven last raise money?
Woven's most recent round on record is a Series A, in Nov 2012.
What does Woven do?
Woven is a technology company that specializes in enhancing the hiring process for engineering roles through its innovative technical interview software and human-powered assessment platform.
Where is Woven headquartered?
Woven is headquartered in Indianapolis, US.
Which VCs invest in companies like Woven?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Woven's stage. Their profiles are linked below.
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