Chequed.com, Inc., a Saratoga Springs, NY-based provider of cloud-based Predictive Talent Selection (TM) solutions, secured $2m in a second funding.
The round was led by Cayuga Venture Fund, with participation from Rand Capital, among other existing private and public investors. In conjunction with the funding, Cayuga Venture Fund Managing Partner Zachary Shulman joined Chequed.com’s Board of Directors.
The company intends to use the funds to expand its sales and marketing efforts and further build out its global technology solutions.
Led by CEO, Chequed.com provides a suite of cloud-based talent selection solutions built to predict a new hire’s future performance. The company’s Predictive Talent SelectionTM Suite includes different modules with both reference checking and behavioral assessment, which aim to reduce cost per hire, increase quality of hire and improve organizational productivity.