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Home Business news

Recruiter.com acquires video-based candidate insight platform Scouted.io

February 9, 2021
in Business news
Reading Time: 2min read
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Recruiter.com Group, Inc, an on-demand video-enabled and artificial intelligence hiring platform with the world’s largest network of recruiters, announced that it acquired Scouted.io, a venture capital-backed tech startup focused on unlocking human potential by developing deep insights into candidates using video screening and AI-based scoring algorithms.

Growth

Scouted.io and its innovative predictive-matching algorithm are critical components of Recruiter.com’s growth plan. The acquisition unlocks a prestigious client roster — spanning top global hedge funds, venture capital firms, and tech giants — to accelerate revenue opportunities. Further, Scouted pairs an engaged user base of early- and mid-career professionals with a powerful data set of proprietary metrics and analytics. Scouted’s specialized database contains hundreds of thousands of talented professionals, many of whom identify as first-generation college graduates, BIPOC (Black, Indigenous, and People of Color), and LGBTQ+. These professionals rely on Scouted’s virtual interview platform to go beyond their resumes and present their stories’ full breadth.

Video

“Using video and deep candidate profiling, Scouted understands more about its talent ecosystem than any other system that I have encountered,” said Evan Sohn, CEO of Recruiter.com. “We are excited to add Scouted’s exceptional video-based candidate experience to our recruiting process and help small and large employers connect with Scouted’s incredible talent pool of high-potential early- and mid-career professionals.”

Candidate onboarding

“With Scouted’s automated, video and data-forward approach to candidate onboarding, Recruiter.com can provide a turnkey experience that allows clients to tap more rapidly and more accurately into richly diverse talent pools.” Sohn adds, “In preparation of the closing, Scouted completed the integration with our Video platform, allowing us to focus immediately on driving growth and opportunities’.”

Tags: hr techhr technologyhrtechrecruiter.comrecruiter.com scoutedrecruitingRecruitmentRecruitment TechnologyScouted.iotechnologyvideo

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