About Search Light
Search Light is a company based in San Francisco (United States) founded in 2018 by Anna Wang and Kerry Wang was acquired by Multiverse in April 2024.. Search Light has raised $19.5 million across 2 funding rounds from investors including Multiverse, Accel and Founders Fund. The company has 27 employees as of December 31, 2021. Search Light offers products and services including Applicant Screening, Assessments, Reference Checks, and Quality of Hire. Search Light operates in a competitive market with competitors including Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, among others.
- Headquarter San Francisco, United States
- Employees 27 as on 31 Dec, 2021
- Founders Anna Wang, Kerry Wang
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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 Ashby, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.5 M (USD)
in 2 rounds
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Latest Funding Round
$17 M (USD), Series A
Dec 20, 2021
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Investors
Multiverse
& 13 more
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Employee Count
27
as on Dec 31, 2021
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Acquired by
Multiverse
(Apr 08, 2024)
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Products & Services of Search Light
Search Light offers a comprehensive portfolio of products and services, including Applicant Screening, Assessments, Reference Checks, and Quality of Hire. 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 system for quickly filtering job applications based on skills.
Surveys to assess skills and culture fit for potential hires.
Automated process for gathering and analyzing references.
Metrics to measure and improve hiring outcomes over time.
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Software Development Team
13 people
Leadership Team
10 people
Finance and Accounting
5 people
Human Resources and Administration
5 people
Operations Team
4 people
Data Analysis and Operations Team
2 people
Workforce Team
1 people
English Team
1 people
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Funding Insights of Search Light
Search Light has successfully raised a total of $19.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $17 million completed in December 2021. 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 2
- Last Round Series A — $17.0M
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First Round
First Round
(22 Nov 2019)
- Investors Count 13
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2021 | Amount | Series A - Search Light | Valuation | Founders Fund | |
| Nov, 2019 | Amount | Seed - Search Light | Valuation | Accel |
| 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 Search Light
Search Light has secured backing from 14 investors, including venture fund and angel investors. Prominent investors backing the company include Multiverse, Accel and Founders Fund. 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 investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Venture capital firm investing in early stage startups
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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 Search Light
| 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 |
Financial Statements - Search Light
| 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 |
Search Light Comparisons
Competitors of Search Light
Search Light 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 Phenom, Eightfold, SmartRecruiters, iCIMS and HireVue, 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 |
Talent experience management platforms are provided for engagement and recruitment.
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| domain | founded_year | HQ Location |
An AI platform is provided for talent acquisition and management.
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| domain | founded_year | HQ Location |
Cloud-based ATS and hiring platform services are provided.
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| domain | founded_year | HQ Location |
Talent acquisition software is provided by iCIMS since 2000.
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| domain | founded_year | HQ Location |
A video interview platform is operated by HireVue since 2004.
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| domain | founded_year | HQ Location |
Cloud-based applicant tracking solutions are offered for candidate hiring.
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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 Search Light
Frequently Asked Questions about Search Light
When was Search Light founded?
Search Light was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Search Light located?
Search Light is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Search Light a funded company?
Search Light is a funded company, having raised a total of $19.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Nov 22, 2019.
How many employees does Search Light have?
As of Dec 31, 2021, the latest employee count at Search Light is 27.
What does Search Light do?
SaaS-based suite solutions for applicant tracking. It utilizes a bias-free AI system to screen candidates based on relevant work experience, hard skills, and soft skills.The software provides recruiters with past performance data of the candidates for better hiring decisions and early reference checking. The platform offers customizable assessments that predict candidate performance, validated by industrial-organizational psychology principles. The features include adding custom position requirements, sorting candidates by reference results, and viewing aggregated answers.
Who are the top competitors of Search Light?
Search Light's top competitors include Phenom, Eightfold and Greenhouse.
What products or services does Search Light offer?
Search Light offers Applicant Screening, Assessments, Reference Checks, and Quality of Hire.
Who are Search Light's investors?
Search Light has 14 investors. Key investors include Multiverse, Accel, Founders Fund, Shasta Ventures, and Kapor Capital.