About Modern Hire
Modern Hire is a company based in Delafield (United States) founded in 2011 was acquired by HireVue in May 2023.. The company has 95 employees as of December 31, 2022. Modern Hire has completed 2 acquisitions, including GreenJobInterview and Sonru. Modern Hire operates in a competitive market with competitors including Talview, WePow, Harqen, RIVS Digital Interviews and Spark Hire, among others.
- Headquarter Delafield, United States
- Employees 95 as on 31 Dec, 2022
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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
*********
- Legal Name Montage Talent, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
HireVue
& 1 more
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Employee Count
95
as on Dec 31, 2022
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Investments & Acquisitions
GreenJobInterview
& 1 more
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Acquired by
HireVue
(May 09, 2023)
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Funding Insights of Modern Hire
- Total Funding Total Funding
- Total Rounds 2
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Series A - Modern Hire | Valuation |
investors |
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| Oct, 2017 | Amount | Private Equity Round - Modern Hire | Valuation |
investors |
| 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 Modern Hire
Modern Hire has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include HireVue and The Riverside Company. 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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Private equity and debt are provided to middle market companies.
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Founded Year | Domain | Location | |
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A video interview platform is operated by HireVue since 2004.
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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 Modern Hire
Modern Hire has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include GreenJobInterview and Sonru. 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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Cloud-based live recorded virtual interviewing platform
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2009 | ||||
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Luxury resort real estate ownership and rentals are offered.
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2009 |
| 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 - Modern Hire
| 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 |
Modern Hire Comparisons
Competitors of Modern Hire
Modern Hire 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 Talview, WePow, Harqen, RIVS Digital Interviews and Spark Hire, 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 |
AI-powered platform for enterprise interviewing and proctoring is provided.
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| domain | founded_year | HQ Location |
Video and mobile recruitment platforms are provided for interviewing.
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| domain | founded_year | HQ Location |
Cloud-based assessment platform for interview
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| domain | founded_year | HQ Location |
Cloud-based video interviewing platform for enterprise
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| domain | founded_year | HQ Location |
Applicant tracking is enabled via cloud-based video interviews.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Modern Hire
Frequently Asked Questions about Modern Hire
When was Modern Hire founded?
Modern Hire was founded in 2011 and raised its 1st funding round 6 years after it was founded.
Where is Modern Hire located?
Modern Hire is headquartered in Delafield, United States. It is registered at Delafield, Wisconsin, United States.
How many employees does Modern Hire have?
As of Dec 31, 2022, the latest employee count at Modern Hire is 95.
What does Modern Hire do?
Modern Hire was established in 2011 in Delafield, United States, within the HR technology sector. A virtual interviewing platform is provided, incorporating modules such as text interviewing, phone screening, interview scheduling, video interviewing, and predictive analytics. Operations focus on streamlining recruitment processes for enterprise clients including Amazon, Boeing, Walmart, and Siemens. The software supports efficient hiring workflows across various industries.
Who are the top competitors of Modern Hire?
How many acquisitions has Modern Hire made?
Modern Hire has made 2 acquisitions, including GreenJobInterview, and Sonru.
Who are Modern Hire's investors?
Modern Hire has 2 investors. Key investors include HireVue, and The Riverside Company.
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