Fountain Raises $85M in Series C Funding

Fountain, a San Francisco CA-based all-in-one applicant tracking system provider, raised $85M in Series C funding.

The round was led by SoftBank Vision Fund 2 with participation from B Capital Group and Mirae Asset Venture Investment, and existing investors DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital and Uncork Capital.

The company intends to use the funds to continue to invest in innovation of its hiring platform, as well as to grow its sales and engineering teams and its operations and presence in EMEA and APAC regions.

Led by Sean Behr, CEO, Fountain provides a hiring platform that allows enterprises to find and hire the right people through recruiting. Candidates can apply anytime, anywhere in minutes, right from their phone. Automated and customizable processes streamline the candidate experience and save time for recruitment teams so they can scale with growing hiring needs. Advanced analytics provide end-to-end process visibility so managers can make swift, data-driven decisions. Throughout the candidate journey the openly integrated platform enables companies to find, qualify and convert more applicants.