HCM Talent Technology Roundup February 11, 2022

Talroo introduced enhanced job ads to surface features such as bonuses, healthcare and flexibility in its job search results. In addition, companies already using conversational AI platforms to screen and schedule interviews will be able to take advantage of updated calls to action.  

Recruitment and onboarding SaaS platform Manatal received $5.1 million in seed funding from Sequoia India’s Surge and several angel investors. The company says it placed close to 100,000 people since 2019 and is used in over 130 countries. The new investment will be used for engineering as the company seeks to enhance its product and AI-recommendation engine.

Seven out of 10 small and mid-sized organizations plan to increase the size of their workforces, with 64% indicating they’ll be hiring extensively over the next year. This is compared to nearly half of large organizations (46%) that plan to increase their headcount in 2022, according to Leena AI’s 2022 State of Employee Onboarding in the U.S. report. Entry and mid-level roles will make up nearly three-quarters of open positions. Manufacturing and retail are expected to emerge as the busiest sectors, followed by technology and healthcare, which will continue building momentum from last year.

Some 88% of employees would stay at a job longer if there were career development opportunities, according to a survey by Lighthouse Research and Advisory. The survey also found that high-performing companies are 30% more likely to emphasize the importance of talent mobility so that everyone takes an active role in career development responsibilities.

SeekOut raised $115 million in Series C funding in a round led by Tiger Global Management. The investment values SeekOut at more than $1.2 billion, reflecting a 2.6x increase in valuation since the company closed its Series B round in March 2021. Over the last year, SeekOut said, the company has doubled its customer count to more than 1,000 enterprises, including six of the 10 most highly valued U.S. companies. Co-Founder and CEO Anoop Gupta said the company will use the round for “investing deeply in innovations that extend our leadership position in talent acquisition, and power new solutions for internal mobility, employee retention, career pathing and learning and development.”

Triller, a garden technology platform, and Job.com announced a partnership to allow Triller users to identify and apply for open positions with a video resume. Using video transcription and AI matching, the integration will provide users with job-matching functionality to connect them to relevant jobs based on factors such as interests, professional skills and desired roles. Triller users will be able to create video resumes in their account and have the content automatically matched to job opportunities. 

Checkr acquired ModoHR Technologies Inc. a Canadian-based background check company. CEO Daniel Yanisse called the acquisition, “a strategic step toward international expansion.” The acquisition will give Checkr customers greater access to Canadian background data, the company said.

Authors

Mark Feffer

Mark Feffer is executive editor of RecruitingDaily and the HCM Technology Report. He’s written for TechTarget, HR Magazine, SHRM, Dice Insights, TLNT.com and TalentCulture, as well as Dow Jones, Bloomberg and Staffing Industry Analysts. He likes schnauzers, sailing and Kentucky-distilled beverages.