RippleMatch nabs $6M for a diversity-focused graduate recruitment platform powered by AI
LinkedIn, with 645 million users in 200 countries, is the undisputed leader when it comes to being the world’s biggest network of professionals, a position that it uses to leverage products in areas like recruitment and e-learning. But in achieving that size, it hasn’t really developed products for a more targeted approach for specific verticals or audiences. And that has opened the field to a wide variety of startups to fill in the gaps and compete with it. Today, one of these hopefuls — a startup called RippleMatch that has built a recruitment platform to help organizations specifically to connect with recent graduates from more diverse backgrounds that match their needs — is announcing a Series A of $6 million to do just that.
The funding, which will be used to expand the platform, as well as for business development, is being led by G20 Ventures, with Work-Bench, and previous investors Accomplice, Bullpen Capital, and AlleyCorp. also participating.
The company is not disclosing its valuation, but from what I understand it’s a “material step up,” as it has been on a steady growth curve and counts companies like Pfizer, TripAdvisor, and Qualtrics among its customer base. This is also the
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