Yello, a Chicago, IL-based talent acquisition software company, closed a $31m series C funding.
The round was led by JMI Equity with participation from previous investor First Analysis. In conjunction with the funding, Peter Arrowsmith, general partner from JMI Equity, will join Yello’s Board of Directors.
The company will use the new funds to accelerate the growth of its talent acquisition platform.
Led by Jason Weingarten, co-founder and CEO, and Dan Bartfield, co-founder and President, Yello provides a platform that allows organizations, including Fortune 500 companies and many high-growth businesses, to complete all recruitment marketing and operations activities with a single solution to attract, engage, and nurture top candidates. The product suite, which includes Talent Relationship Management, Interview Scheduling, Campus Recruiting, Event Management, Evaluation Management, Video Interviewing, Mobile Apps, and Referrals, converts candidates to employees while providing insights and metrics to optimize recruiting operations.