Human resources tech firm Clovers has fresh capital from one of the biggest names in tech.
The Nashville-based company has received an investment form Zoom Video Communications Inc., according to a news release, via Zoom’s $100 million Zoom Apps Fund. The specific amount of the investment was not disclosed.
As part of the investment, Clovers will be available in the Zoom App Marketplace.
Clovers' flagship platform is designed to make interviews more effective by providing real-time questions for interviewers during the interview, as well as post-interview applicant insights and post-interview coaching. The company, which also has an office in Los Angeles, was co-founded in Dec. 2020 by former Cornerstone OnDemand CEO Adam Miller, Comparably co-founder and CEO Jason Nazar, Clovers CEO Doug Leonard and Clovers Chief Technology Officer Cihan Ucar.
As of September, the company had 30 employees total, with three in Nashville, including Leonard.
“It’s a tremendous vote of confidence to have Zoom, one of the world’s largest video communication platforms, view us as a desired investment. This serves as further validation of everything we’re doing to deliver quality interviews that are more inclusive,” Leonard said in the release. “Clovers is a human-first platform built for the modern way of work. Through our presence on the Zoom App Marketplace, we’re dramatically increasing our exposure to a wide range of businesses and industries, all of which can benefit from Clovers.”
The Zoom investment comes less than three months after Clovers raised a $15 million round of funding, led by venture capital firms Greycroft and Alpha Edison.
Clovers was one of a “handful” of businesses selected for the latest round of investments from the Zoom Apps Fund, according to the release.
Zoom is one of the nation’s largest tech companies with $2.65 billion in revenue for fiscal year 2021, up 326% from the year prior, and a market cap of $56.3 billion.
