Vervoe, a NYC based advanced interviewing platform, raised USD $3.5m in venture capital funding.
The round was led by SEEK (ASX: SEK), who will contribute USD $2m with participation from Jesse Hertzberg, former COO of Etsy, Zachary Lewy, Founder of Arrow Global Limited, and RusIan Kogan and David Shafer of Kogan.com.
The company intends to use the funds to develop machine learning technologies that rank candidates based on how they perform, build its global sales team and further expand its customer base.
Co-founded by entrepreneurs Omer Molad and David Weinberg, Vervoe provides a machine learning interviewing platform technologies, which ranks candidates based on how they perform in online simulations against an employer’s hiring requirements.
It has been used by over 4,000 companies to hire using online simulations, customized tasks, and work samples to evaluate tens of thousands of candidates in 75 countries worldwide.
Daniel Benor, former HoneyBook executive, will join Vervoe as Head of Product in the coming months to drive the company’s product innovation and user adoption. The Board of Directors has expanded to include Spencer Greene and David Shafer.