Sprockets Raises $10 Million To Fix A Hiring Process Plagued By Inefficiencies And Bias
PRIVATEMar 28, 2022
Amount Raised
$10 Million
Round Type
Funding Round
Charleston
Description
Today, Sprockets announced the closing of a $10 million Series A financing round, which enables the company to accelerate the transformation of a hiring process that's fundamentally failing the nation's hourly workforce. The round was led by Forte Ventures with participation from Healthy Ventures, Thayer Ventures, Lytical Ventures, Blu Ventures, and VentureSouth.
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Company Information
Company
Sprockets
Location
Charleston, West Virginia, United States
About
Sprockets is a hiring platform that helps businesses improve employee retention by finding the common thread between top-performing employees and incoming applicants. Their solution reveals what makes a location's best workers successful and identifies which potential hires possess the same attributes, empowering owners and operators to hire the ideal applicants every time. It's trusted by top brands to help them build strong, cohesive teams that will stay long-term.
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Fundz sees it the moment Sprockets raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Charleston