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CareerArc Acquires Recruitment Video Platform Lumina to Transform Social Media Presence for Talent Acquisition

RECENTLY ACQUIREDApr 03, 2024

Acquiring Company

CareerArc

Acquired Company

Lumina

BurbankPortlandSaaSHuman ResourcesSocial MediaSocial Media ManagementInformation TechnologyHuman ResourcesSaaS

Description

CareerArc has acquired Lumina, the #1 SaaS platform for generating visual job postings at scale. This acquisition reflects CareerArc's aggressive investment in automated video creation to alleviate the challenges for talent acquisition teams in their recruitment marketing efforts. The addition of Lumina's automated video creation makes CareerArc a more powerful player for employers looking to attract job seekers and optimize their job postings for sharing on social media.

Quick answer

CareerArc is acquiring Lumina, announced April 3, 2024. CareerArc is based in Burbank, California, United States.

How much did CareerArc pay for Lumina?
The deal value was not disclosed.
What does CareerArc do?
CareerArc boasts over a decade of experience helping brands transform how jobseekers discover their jobs and connect with their employer brand.
Where are CareerArc and Lumina based?
CareerArc is based in Burbank, California, United States. Lumina is based in Portland, Oregon, United States.
Who are the decision-makers at CareerArc?
Fundz holds 1 contact at CareerArc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in SaaS and Human Resources

Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.

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Company Information

Company

CareerArc

Location

Burbank, California, United States

About

CareerArc boasts over a decade of experience helping brands transform how jobseekers discover their jobs and connect with their employer brand. By activating their talent networks, CareerArc empowers employers to earn applicant traffic with technology that enables them to reach, engage, and convert jobseekers.

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Frequently asked

Who acquired Lumina?

Lumina was acquired by CareerArc, based in Burbank. The deal was reported on April 3, 2024. CareerArc boasts over a decade of experience helping brands transform how jobseekers discover their jobs and connect with their employer brand. CareerArc is privately held and operates in SaaS.

When did CareerArc acquire Lumina?

CareerArc's acquisition of Lumina was reported on April 3, 2024. CareerArc has acquired Lumina, the #1 SaaS platform for generating visual job postings at scale. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Lumina do?

Lumina is the #1 SaaS platform for generating visual job postings at scale. It provides automated video creation that helps employers attract job seekers and optimize their job postings for sharing on social media. It is privately held, operating in Information Technology, and is based in Portland.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.