EmployStream, a Cleveland, OH-based provider of onboarding automation to the staffing industry, closed a $7m Series B funding round.
The round was led by Plymouth Growth Partners, with participation from JumpStart, Rev1 Ventures, Ohio Innovation Fund and North Coast Angel Fund. In conjunction with the funding, Evan Ufer, Partner, Plymouth Growth Partners, will also join EmployStream’s board of directors.
The company will use the capital to expand product development and increase its presence in the staffing industry.
Led by Gerald Hetrick, Chief Executive Officer, EmployStream provides a cloud based onboarding and candidate experience platform for the staffing industry, which automates and simplifies critical touch points throughout the hiring process. The company plans to add key leadership roles in Business Development and Marketing and attract top-tier talent to its Product and Engineering teams.
FinSMEs
11/02/2020