DriverReach, an Indianapolis, IN-based recruiting and compliance management system, closed a $7.5M Series A funding round.
The round was led by Fulcrum Equity Partners, with participation from CreativeCo Capital.
The company intends to use the funds for research and product development of its software platform to expand its offering to enable more compliance and reporting functionality and more integration capabilities with job boards and other lead generation partners and to add approximately 60 individuals over the next 3 years to its remote workforce. A major hiring focus will be on bolstering its sales and marketing efforts, adding to the existing leadership, and expanding the product development department.
Founded in 2016 by CEO Jeremy Reymer, DriverReach provides a modern recruiting and compliance management system that improves speed-to-hire. A mobile-first DOT application experience feeds directly into a full-service ATS with email and text functionality, streamlining the process of qualifying drivers so companies can hire faster.