Phenom Acquires My Ally

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Phenom, an Ambler, Pa.-based global leader in Talent Experience Management (TXM), acquired My Ally, an AI-based HR technology company.

The amount of the deal was not disclosed.

Known for its expertise in automation, My Ally reinforces Phenom’s ability to deliver an intelligent, omni-channel interview scheduling experience. My Ally automates email-based interview scheduling, which complements Phenom’s corresponding functionality in chatbot, email, and SMS—reducing recruiters’ time spent manually coordinating with candidates and hiring managers.

Led by Deepti Yenireddy, CEO and founder, My Ally automates the scheduling of over 20,000 interviews per month, leading to a significant dataset of interactions and learnings. These insights—along with My Ally’s automation software—will link to billions of interactions in the TXM platform, refining Phenom AI’s precision and efficiency in interview scheduling.

The acquisition comes eight months following Phenom’s $30m Series C funding round.

Led by Mahe Bayireddi, CEO and co-founder, Phenom is a global HR technology company. With an expertise in building AI-powered, scalable solutions, its Phenom Talent Experience Management (TXM) personalizes and automates the talent journey for candidates, recruiters, employees and management with the Career Site, Chatbot, CRM, CMS, SMS and Email Campaigns, University Recruiting and Events, Internal Mobility, Career Pathing, Diversity & Inclusion, Gigs, Referrals and Analytics.

The company has offices in Canada, India, Israel, the Netherlands and the United Kingdom with over 500 employees. More than 300 global employers currently use the Phenom TXM platform.

FinSMEs

01/10/2020

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