About Ideal Candidate
Ideal Candidate is a company based in Toronto (Canada) founded in 2014 was acquired by Ceridian in April 2021. Ideal Candidate has raised $5.5 million across 2 funding rounds from investors including Ceridian, Richard Hyatt and Michael Hyatt. Ideal Candidate operates in a competitive market with competitors including Harver, Spotted Zebra, Goshaba, Skillist and Previsor, among others.
- Headquarter Toronto, Canada
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Technology
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People of Ideal Candidate
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Funding Insights of Ideal Candidate
Ideal Candidate has successfully raised a total of $5.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in August 2017. 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.
Investors in Ideal Candidate
Ideal Candidate has secured backing from 4 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Ceridian, Richard Hyatt and Michael Hyatt.
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MaRS Discovery District is focused on supporting startups and fostering innovation.
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Cloud-based human capital management software is provided for enterprises.
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Richard Hyatt |
Indian angel investor focusing on early-stage tech startups and innovation.
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Investor details for Ideal Candidate
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Investments & Acquisitions by Ideal Candidate
Investment portfolio details for Ideal Candidate
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Financial Statements - Ideal Candidate
Detailed financials for Ideal Candidate
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Ideal Candidate Comparisons
Peer comparison for Ideal Candidate
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Competitors of Ideal Candidate
Ideal Candidate 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 Harver, Spotted Zebra, Goshaba, Skillist and Previsor, among others.
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Recruitment cycles are aided by a predictive hiring application.
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Skill-based talent assessment platform
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Candidate shortlisting solutions are offered through screening and gaming tools.
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Skill-based hiring platform
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Cloud-based pre-employment assessment software is offered to enterprises.
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Detailed competitors of Ideal Candidate
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Latest news on Ideal Candidate
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Frequently Asked Questions about Ideal Candidate
Ideal Candidate was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Ideal Candidate is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Ideal Candidate is a funded company, having raised a total of $5.5M across 2 funding rounds to date.
The company was founded in 2014 in Toronto, Canada, and operates in the HR technology sector. An AI-driven platform is provided for shortlisting candidates, where required job skills are input by employers to rank a database via a proprietary algorithm. Accuracy is enhanced through machine learning applications. Integration with existing ATS and HRIS systems is facilitated to support recruitment processes.
Ideal Candidate's top competitors include Unique AI, Harver and Skillful.ly.
Ideal Candidate has 4 investors. Key investors include Ceridian, Richard Hyatt, Michael Hyatt, and MaRS Discovery District.