About Joveo
Joveo is a company based in Redwood City (United States) founded in 2017 by Jahangir Mohammed and Kshitij Jain.. Joveo has raised $5 million across 1 funding round from investors including Nexus Venture Partners. The company has 186 employees as of April 07, 2024. Joveo has completed 1 acquisition, including Ripple. Joveo offers products and services including AI Programmatic Job Advertising, AI Conversational Recruiting, AI Career Sites and CMS, AI Job Application Optimization, and AI Candidate Engagement Platform. Joveo operates in a competitive market with competitors including Jibe, PandoLogic, Genus AI, Appcast and MeVitae, among others.
- Headquarter Redwood City, United States
- Employees 186 as on 07 Apr, 2024
- Founders Jahangir Mohammed, Kshitij Jain
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Joveo Technologies Private Limited
- Date of Incorporation 27 Oct, 2015
- Jurisdiction Rangareddy, Telangana, India
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Annual Revenue
$11.11 M (USD)27.83as on Mar 31, 2023
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Net Profit
$1.01 M (USD)30.09as on Mar 31, 2023
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EBITDA
$1.35 M (USD)21.51as on Mar 31, 2023
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Feb 07, 2018
- Investors
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Employee Count
186
as on Apr 07, 2024
- Investments & Acquisitions
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Products & Services of Joveo
Joveo offers a comprehensive portfolio of products and services, including AI Programmatic Job Advertising, AI Conversational Recruiting, AI Career Sites and CMS, AI Job Application Optimization, and AI Candidate Engagement Platform. 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.
AI platform for targeted job ads and media optimization.
AI for engaging candidates through automated conversations.
Tools for building and personalizing career sites.
AI system to streamline and enhance job applications.
Platform for personalized candidate interactions and messaging.
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Funding Insights of Joveo
Joveo has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in February 2018. 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 1
- Last Round Series A — $5.0M
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First Round
First Round
(07 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2018 | Amount | Series A - Joveo | Valuation | Nexus Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Joveo
Joveo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Nexus Venture Partners. 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 |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Joveo
Joveo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Ripple. 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 |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Job openings are advertised across platforms using Ripple's software solution.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Joveo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Joveo Comparisons
Competitors of Joveo
Joveo 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 Jibe, PandoLogic, Genus AI, Appcast and MeVitae, 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 |
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| domain | founded_year | HQ Location |
SaaS recruiting solutions are provided for talent acquisition teams.
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| domain | founded_year | HQ Location |
Job seekers and employers are connected via AI-based programmatic advertising.
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| domain | founded_year | HQ Location |
Platform offering predictive analytics solutions
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| domain | founded_year | HQ Location |
Programmatic recruitment advertising technology is provided for candidate sourcing.
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| domain | founded_year | HQ Location |
AI platform for automating hiring via cognitive bidding is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Joveo
Frequently Asked Questions about Joveo
When was Joveo founded?
Joveo was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Joveo located?
Joveo is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Who is the current CEO of Joveo?
Kshitij Jain is the current CEO of Joveo. They have also founded this company.
Is Joveo a funded company?
Joveo is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Feb 07, 2018.
How many employees does Joveo have?
As of Apr 07, 2024, the latest employee count at Joveo is 186.
What is the annual revenue of Joveo?
Annual revenue of Joveo is $11.11M as on Mar 31, 2023.
What does Joveo do?
Founded in 2017 and headquartered in Redwood City, United States, Joveo operates in the recruitment technology sector. An AI-powered platform is offered to automate workflows for job advertising, social media campaigns, search advertising, career site development, and candidate engagement. Integration with Applicant Tracking Systems is supported, alongside a centralized dashboard for campaign management. Data-driven insights are utilized to enhance efficiency in hiring processes.
Who are the top competitors of Joveo?
Joveo's top competitors include Jibe, Candidate.ID and Appcast.
What products or services does Joveo offer?
Joveo offers AI Programmatic Job Advertising, AI Conversational Recruiting, AI Career Sites and CMS, AI Job Application Optimization, and AI Candidate Engagement Platform.
How many acquisitions has Joveo made?
Joveo has made 1 acquisition, including Ripple.
Who are Joveo's investors?
Joveo has 1 investor. Key investors include Nexus Venture Partners.
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