Wedge, the modern recruiting platform turning video screening into a competitive advantage, announced $1.6M in additional funding with participation from new and existing investors.
Recruit and hire workers quickly
The funding is well-timed as industry analysts predict that the U.S. is entering one of the hottest job markets in a decade. With projections already well ahead of Dow Jones estimates, the competition for talent is escalating as certain sectors experience extreme shortages, making the ability to source, recruit and hire workers quickly a critical differentiator.
Growth
Wedge co-founder and CEO Matt Baxter: “By helping meet the challenges of remote hiring, Wedge has become an essential solution for many companies. Since our initial raise, we’ve seen rapid momentum, including 600 percent growth year over year, and with this infusion, we plan to build on that, adding to our own team and introducing additional product enhancements while supporting the recruiting needs of today’s leading employers.”
Demands
Investor Steve Lowisz, CEO of Qualigence International: “Traditional hiring methods simply don’t meet the demands of modern recruiting. Wedge understands the pain points on all sides, and provides a solution that streamlines the process, increases communication and strengthens the experience. As a result, Wedge is redefining what video interviewing is and how it gets used.”
About Wedge
Wedge is a one-way video interview platform built for the demands of modern recruiting. Recruiters can build their perfect interview, invite candidates, and watch their inbox fill up with interviews of qualified candidates.
