About Erecruit
Erecruit is a company based in Boston (United States) founded in 2009 was acquired by Bullhorn in October 2019.. Erecruit has raised $51.12 million across 6 funding rounds from investors including Bullhorn, North Bridge Venture Partners and Guidepost Growth Equity. The company has 95 employees as of December 31, 2022. Erecruit has completed 1 acquisition, including eStaff365. Erecruit offers products and services including Bullhorn Platform, ATS/CRM, Automation & AI, Reporting & Analytics, and Onboarding. Erecruit operates in a competitive market with competitors including Bullhorn, Avionte Software, ROXX, Firefish Software and Loxo, among others.
- Headquarter Boston, United States
- Employees 95 as on 31 Dec, 2022
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Erecruit Holdings, Llc
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Erecruit
Erecruit offers a comprehensive portfolio of products and services, including Bullhorn Platform, ATS/CRM, Automation & AI, Reporting & Analytics, and Onboarding. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based system with open APIs for staffing processes.
Tool for managing applicants and customer relationships.
AI-driven solutions for enhancing recruitment workflows.
Software for tracking staffing trends and performance.
Platform for streamlining employee integration processes.
Funding Insights of Erecruit
Erecruit has successfully raised a total of $51.12M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in April 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series B — $10.0M
-
First Round
First Round
(13 Jun 2012)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2016 | Amount | Series B - Erecruit | Valuation | North Bridge Venture Partners |
|
| Dec, 2015 | Amount | Series B - Erecruit | Valuation |
investors |
|
| Jan, 2015 | Amount | Series B - Erecruit | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Erecruit
Erecruit has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Bullhorn, North Bridge Venture Partners and Guidepost Growth Equity. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
US focused seed to growth stage VC firm
|
Founded Year | Domain | Location | |
|
Growth-stage companies are targeted for investment by Guidepost Growth Equity.
|
Founded Year | Domain | Location | |
|
Cloud-based ATS and CRM systems are offered for staffing agencies.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Erecruit
Erecruit has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include eStaff365. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud-based HRMS platform is used for employee onboarding processes.
|
2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Erecruit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Erecruit Comparisons
Competitors of Erecruit
Erecruit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bullhorn, Avionte Software, ROXX, Firefish Software and Loxo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
|
|
| domain | founded_year | HQ Location |
Provider of an end-to-end staffing software platform
|
|
| domain | founded_year | HQ Location |
Online recruitment marketplace agency
|
|
| domain | founded_year | HQ Location |
Cloud-based recruitment platform is offered for IT staffing firms.
|
|
| domain | founded_year | HQ Location |
Recruiting automation tools are offered for staffing agencies.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Erecruit
Frequently Asked Questions about Erecruit
When was Erecruit founded?
Erecruit was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Where is Erecruit located?
Erecruit is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Erecruit a funded company?
Erecruit is a funded company, having raised a total of $51.12M across 6 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Jun 13, 2012.
How many employees does Erecruit have?
As of Dec 31, 2022, the latest employee count at Erecruit is 95.
What does Erecruit do?
Founded in 2009 and based in Boston, United States, Erecruit operates in the recruitment and staffing sector. Solutions encompass configuration tools for sales and CRM, along with contact management and sales pipeline features tailored to staffing processes. Workflows and automation are included, as well as time and expense tracking. Self-service tools for clients and candidates are provided, complemented by invoicing and front- and back-office analytics for margin insights.
Who are the top competitors of Erecruit?
Erecruit's top competitors include Bullhorn, Avionte Software and ROXX.
What products or services does Erecruit offer?
Erecruit offers Bullhorn Platform, ATS/CRM, Automation & AI, Reporting & Analytics, and Onboarding.
How many acquisitions has Erecruit made?
Erecruit has made 1 acquisition, including eStaff365.
Who are Erecruit's investors?
Erecruit has 3 investors. Key investors include Bullhorn, North Bridge Venture Partners, and Guidepost Growth Equity.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.