WizeHire Raises $30M in Series B Funding

WizeHire, a Houston, Texas-based hiring platform helping Main Street businesses find and hire skilled workers, raised $30 million in Series B funding.

The round, which brings total funding to $37.5 million and its valuation to $250 million, was led by Tiger Global with participation from prior investors Amplo and Mercury.

The company intends to use the funds to expand operations and its business reach, as well as its development efforts.

Led by Sid Upadhyay, CEO, WizeHire provides a platform that enables small businesses to attract talent via features including an applicant tracking system, expert advice from dedicated hiring coaches, and recruiting resources like job ad templates and personality assessments to pre-screen candidates. Over 15,000 employers use WizeHire as the advisor to help grow their business.

The platform plans to introduce new offerings like tax, payroll, and insurance advice. WizeHire has also recently launched a mobile app for iOS and Android that allows business owners to manage their hiring process on the go, connect them to the services they need to scale and put valuable hiring advice at their fingertips. 

The team plans to further expand hiring resources into industries like automotive, hospitality, insurance, and home services as well as add features like recommended background checks, and legally-approved offer letters.

FinSMEs

11/05/2022