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Fountain Raises $85 Million In Funding To Help Companies Hire Hourly Workers

Fountain Raises $85 Million In Funding To Help Companies Hire Hourly Workers

11/04/21, 9:18 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgsan francisco
Money raised
$85 million
Fountain, the world's leading all-in-one applicant tracking system for high volume hiring, today announced $85 million in Series C financing, led by SoftBank Vision Fund 2* with participation from B Capital Group and Mirae Asset Venture Investment, and existing investors DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital and Uncork Capital. This new round follows strong company momentum in 2021 as revenue grew 220% year-over-year. Fountain now has more than 250 customers including Chipotle Mexican Grill, John Lewis & Partners and Just Eat Takeaway. With the Series C, Fountain has now raised $119 million to date

Company Info

Company
Fountain
Location
san francisco, california, united states
Additional Info
Fountain's all-in-one high volume hiring platform empowers the world's leading enterprises to find and hire the right people through smart, fast and seamless recruiting. Candidates can apply anytime, anywhere in minutes, right from their phone. Automated and customizable processes streamline the candidate experience and save time for recruitment teams so they can scale with growing hiring needs. Advanced analytics provide end-to-end process visibility so managers can make swift, data-driven decisions. Throughout the candidate journey the openly integrated platform enables companies to find, qualify and convert more applicants. Fountain's global customers hire over 2 million workers annually in 78 countries. Learn more at www.fountain.com or connect via Twitter, LinkedIn or the Fountain blog. *As of the date of this press release, SoftBank Group Corp. has made capital contributions to allow investments by SoftBank Vision Fund 2 ("SVF 2") in certain portfolio companies. The information included herein is made for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy limited partnership interests in any fund, including SVF 2. SVF 2 has yet to have an external close, and any potential third-party investors shall receive additional information related to any SVF 2 investments prior to closing.