Humanly.io is the winner in the Software and Hardware category of the Sacramento Region Innovation Awards. CREtelligent Inc. is the runner-up.
Humanly.io has developed artificial intelligence software that helps companies get beyond bias in screening job candidates.
The company’s software also helps automate screening and scheduling of hiring for companies and recruiters, but the special sauce is a suite of software that helps recruiters and hiring managers be more efficient during job candidate interviews and virtual interviews over teleconferencing. In essence, the software helps the interviewer get out of the way of the interviewee.
Humanly.io is headquartered in Seattle and Sacramento, and it raised a $4.2 million seed funding round in September from investors including Moneta Ventures of Folsom and Growth Factory Capital in Rocklin.
Humanly.io was the first funding announced from Rocklin entrepreneur and investor Mark Haney’s Growth Factory Capital fund. Humanly.io is also in the first cohort of companies in the 16-week Growth Factory accelerator program that started in September.
The September funding was led by Zeal Capital Partners in Washington, D.C., and also included Spark Growth Ventures, Basecamp Fund and Y Combinator. According to venture capital tracking website Crunchbase, Humanly.io has raised a total of $5.3 million since its launch in 2019.
“We will use the money to scale up the team and the product,” co-founder and Chief Operating Officer Andrew Gardner told the Business Journal. The company currently has 11 employees, most of whom work remotely, though the company has small offices in Seattle and Sacramento. The company started adding to its staff just before the funding, and it is currently in the process of adding developer and customer success positions, Gardner said.
The company started in the summer of 2019 when its co-founders went full-time with the company, and it received a $10,000 cash prize from winning the Sacramento Kings Capitalize contest in 2020. The company also went through the Mountain View-based Y Combinator accelerator that same year. The pandemic has changed how most companies recruit new talent, Gardner said, adding that Humanly.io is helping its clients “navigate this crazy recruiting time.”
Gardner declined to disclose the company's annual revenue.
The Essentials
Humanly.io
What it does: Develops artificial intelligence software used in job recruiting and interviews
Headquarters: Sacramento and Seattle
CEO: Prem Kumar
Employees: 11
Revenue: Not disclosed
Runner-up: CREtelligent Inc.
Innovation: The Radius commercial real estate due diligence platform. Radius generates risk reports on commercial properties, enabling commercial real estate buyers, investors, lenders, sellers and developers to make informed decisions faster.
CREtelligent's automatically generated reports include information on environmental risk, valuation and flood zone data. They replace more labor-intensive and time-consuming local research efforts and site visits conducted by thousands of independent consulting firms all over the country.
Headquarters: Gold River
Top executive: CEO Anthony Romano
Employees: 71; 37 in the Sacramento area
Revenue: Declined to disclose
