Fountain, a San Francisco, CA-based applicant tracking system (ATS) for high volume hiring, raised extension of its November 2021 Series C round by $100M, bringing the total to $185M.
The extension was led by B Capital Group, joined by SoftBank, Mirae Asset Venture Investment, DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital, Uncork Capital and others.
The company intends to use the funds to further accelerate growth by expanding internationally to additional European and Asian countries, offering the platform in multiple languages, and widening its platform’s capabilities to offer more insights and analytics.
Led by Sean Behr, CEO, Fountain provides a platform that enables companies to find qualified candidates and move them from application to onboarding quicker, reducing time to hire to days—or hours.
Today hundreds of companies worldwide, including sweetgreen, Stitch Fix, Flink and Just Eat Takeaway, are using the company’s sourcing and hiring solutions to open opportunities for the global hourly workforce. To date, Fountain has processed over 68M applications and helped to hire more than 9.2M workers in more than 75 countries worldwide. The company has a team of more than 230 people working across the globe, including the US, UK, Spain, India and New Zealand.
FinSMEs
15/06/2022