Interviewing platform Vervoe today announced a funding round of $US3.5 million ($AU4.6 million), led by Seek which is contributing $US2 million.
Additional investors include Jesse Hertzberg, former COO of Etsy and Squarespace, Zachary Lewy, founder of Arrow Global, and Ruslan Kogan and David Shafer of Kogan.com.
Vervoe and SEEK are also in discussions surrounding a strategic partnership.
Vervoe, co-founded by Omer Molad and David Weinberg, helps employers and recruiters test the technical and personal skills candidates using simulations written by experts in their respective fields.
It also allows candidates to complete work samples and on-the-job tasks, reducing the need for résumé screening.
The funding will be used to develop machine learning technologies, which will rank candidates based on how they perform in online simulations against an employer’s hiring requirements.
Using machine learning, employers and recruiters will also receive thorough insight into each candidate’s character.
It will also be used to build Vervoe’s global sales team and further expand its customer base, as well as developing new and existing features.
Off the back of the investment, Vervoe will add to its senior leadership team and expand its board of directors.
Daniel Benor will join as Head of Product in the coming months to further drive the company’s product innovation and user adoption.
Benor joins Vervoe after over two years as HoneyBook’s Director of User Experience.
Dr Orin Davis has also joined the company as Head of Behavioral Science to curate tailored assessments for Vervoe’s larger customers.
Spencer Greene and David Shafer, Vervoe’s first investor, will join the board.
“We are pleased to support Vervoe in their growth ambitions,” SEEK Managing Director of Corporate Development, Ronnie Fink said.
“We know candidates are looking for ways to demonstrate relevant job skills and employers and recruiters are seeking confidence and efficiencies in the short-listing process. Vervoe is making great inroads leveraging technology to address these problems.”
Vervoe has been used by over 4,000 companies, including Uber, F45 and AKQA.
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