Humanly, a hiring tech company with dual headquarters in Seattle and Sacramento, California, has acquired competitor Teamable, which is headquartered in San Francisco.
The companies announced the deal Tuesday but didn't disclose financial terms. A Humanly spokesperson said Teamable had 22 employees, "a limited number" of whom are joining Humanly, which has just under 50 employees with the acquisition.
“Our acquisition of Teamable marks a significant milestone in our journey to empower talent acquisition teams," Prem Kumar, co-founder and CEO of Humanly, said in a news release.
Teamable CEO Matthew Raymond is joining Humanly as vice president of product. The Humanly spokesperson said some Teamable engineering leaders are also joining Humanly, but the company can't disclose exactly how many employees are joining due to confidentiality agreements.
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Humanly has roughly tripled the size of its team over the past year, according to the spokesperson, and the company will be bringing over the Teamable brand. Humanly "will be evolving our collective brand presence over the next year," the spokesperson added.
Humanly was founded in 2019. The company uses artificial intelligence to handle screening, scheduling and re-engaging with job candidates. Humanly aims to automate mundane tasks for human resources personnel so they can focus on building deeper connections with candidates.
Humanly also provides automated notes, follow-up emails and insights for interviews. Its clients include Microsoft and accounting firm Moss Adams. Humanly raised a $12 million Series A round in June. The company is backed by Drive Capital, whose portfolio includes publicly traded companies like the car insurance company Root and the language training company Duolingo.
Teamable, meanwhile, was founded in 2017. The company uses AI to help clients find qualified job candidates, and it sends customized messages to candidates. The company also offers analytics. According to Teamable, more than 1,000 companies have used its services, including Twitch and AllTrails.
Alex Morgan, longtime star of the U.S. women's national soccer team, is listed as Teamable's chief inspiration officer. Longtime NFL defensive lineman Arik Armstead is an adviser with Humanly.
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