RippleMatch Raises $45M in Series B Funding


RippleMatch, a New York-based provider of a recruitment automation platform, raised $45M in Series B funding.

The round was led by the Growth Equity business within Goldman Sachs Asset Management. Stephen Kerns, managing director at Goldman Sachs, will take a board seat as part of the investment.

The company intends to use the funds to continue its growth and to triple the number of candidates who find a job through the platform this year. They will double the size of their internal team and continue to invest in developing new technology to drive value for customers and job seekers.

RippleMatch is a recruitment automation platform replacing job boards with matching and automation to bring opportunities directly to candidates at over 1500 schools. Customers include Amazon, eBay, Teach For America SAP, and General Mills.