Tech Company Financing Transactions
Canditech Funding Round
Canditech, operating out of Tel Aviv, secured $9 million from Insight Venture Partners and StageOne Ventures.
Transaction Overview
Company Name
Announced On
6/16/2022
Transaction Type
Venture Equity
Amount
$9,000,000
Round
Seed
Investors
Insight Venture Partners (Lead Investor) (Liad Agmon)
StageOne Ventures (Lead Investor)
Proceeds Purpose
The funding will fuel Canditech's expansion into new markets and help more companies streamline their hiring processes in a bias-free manner.
Company Information
Company Status
Private & Independent
Industry
HRTech
Mailing Address
HaNatsiv Street 13
Tel Aviv, 6701803
Israel
Tel Aviv, 6701803
Israel
Phone
Website
Email Address
Overview
Canditech takes the guesswork out of the screening process and allow companies in all sizes to hire people based on how they'll actually do the job, not resume and statements. Canditech is an AI-powered assessment platform that allows companies to automate the screening process and engage candidates with beautiful, branded tests that are 100% custom made for their needs. The tests are checked automatically and contain variety of question and answer types: Code, SQL, Excel, Video, multiple choice questions, open text questions and more.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Guy Barel
Co-Founder
Knaan Braz
Co-Founder
Nir Dovrat
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are derived from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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