Ashby Secures $30 Million in Series C

by Kay Aloha Villamor in June 4th, 2024

Ashby, a San Francisco, CA-based recruiting platform aiming to streamline hiring processes across startups and enterprises, secured $30 million in Series C funding.

Investors  

The round was led by Lachy Groom, with participation from key investors like Elad Gil, F-Prime, Y Combinator, and existing Ashby clients, bringing Ashby's total raised to approximately $70 million.  

Ashby Use of Funds  

The company will use the funds to further accelerate its product development efforts and expand its presence in the enterprise market.  

About Ashby  

Ashby is a recruiting platform that offers solutions designed to streamline the hiring process for businesses, from startups to enterprises. Founded in late 2018 by Benjamin Encz and Abhik Pramanik, Ashby emerged from stealth mode around September 2022. The platform boasts features powered by automation and AI, aiming to enhance efficiency and personalization in talent acquisition.  

Funding Details                            

Company: Ashby, Inc.

Raised: $30.0M                                  

Round: Series C    

Funding Month: June 2024     

Lead Investors: Lachy Groom                                            

Investors: Elad Gil, F-Prime, Y Combinator, existing Ashby clients  

Company Website: https://www.ashbyhq.com/   

Software Category: Recruiting  

Source: https://www.prnewswire.com/news-releases/ashby-announces-30m-series-c-302161967.html 

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