RippleMatch, a New York-based provider of a recruitment automation platform, raised $45Million in Series B funding.
The round was led by the Growth Equity business within Goldman Sachs Asset Management. Stephen Kerns, managing director at Goldman Sachs, will take a board seat as part of the investment.
The company intends to use the funds to continue its growth and to triple the number of candidates who find a job through the platform this year. They will double the size of their internal team and continue to invest in developing new technology to drive value for customers and job seekers
Company: RippleMatch Inc.
Raised: $45.0M
Round: Series B
Funding Month: June 2022
Lead Investors: Growth Equity business, Goldman Sachs Asset Management
Additional Investors: Stephen Kerns
Company Website: https://ripplematch.com/
Software Category: Recruitment Automation platform
About the Company: RippleMatch is the recruitment automation platform changing how Gen Z finds work. By replacing job boards with matching and automation, RippleMatch eliminates the most time-intensive parts of the recruitment process for both employers and job seekers. Leading employers such as Amazon, eBay, and Teach For America leverage RippleMatch to build diverse, high-performing teams, and Gen Z job seekers across the country trust RippleMatch to launch and grow their careers.
Source: https://www.finsmes.com/2022/06/ripplematch-raises-45m-in-series-b-funding.html