TextRecruit

San Jose, United States Founded: 2014 • Age: 12 yrs Acquired By iCIMS
Web-based platform used by recruiters to manage candidate text communications.
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About TextRecruit

TextRecruit is a company based in San Jose (United States) founded in 2014 was acquired by iCIMS in January 2018.. TextRecruit has raised $3.5 million across 2 funding rounds from investors including iCIMS and SignalFire. TextRecruit offers products and services including iCIMS Hire, iCIMS Engage, and iCIMS Employer Branding. TextRecruit operates in a competitive market with competitors including Bullhorn, Avionte Software, Erecruit, ROXX and Firefish Software, among others.

  • Headquarter San Jose, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $3.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.5 M (USD), Series A

    Mar 13, 2017

  • Investors
    iCIMS

    & 1 more

  • Employee Count
    Employee Count
  • Acquired by
    iCIMS

    (Jan 08, 2018)

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Products & Services of TextRecruit

TextRecruit offers a comprehensive portfolio of products and services, including iCIMS Hire, iCIMS Engage, and iCIMS Employer Branding. 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.

Primary

Streamlines hiring with configurable ATS for enterprise recruitment processes.

Builds automated campaigns for sourcing and nurturing candidates effectively.

Enhances employer reputation through career sites and digital assistants.

Funding Insights of TextRecruit

TextRecruit has successfully raised a total of $3.5M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $3.5 million completed in March 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.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $3.5M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2017 Amount Series A - TextRecruit Valuation SignalFire
Jan, 2014 Amount Seed - TextRecruit 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 TextRecruit

TextRecruit has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include iCIMS and SignalFire. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Seed and early-stage startups are funded by SignalFire.
Founded Year Domain Location
Talent acquisition software is provided by iCIMS since 2000.
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 TextRecruit

Investments
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

Financial Statements - TextRecruit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Textrecruit Comparisons

Employees
+
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Competitors of TextRecruit

TextRecruit 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, Erecruit, ROXX and Firefish Software, 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
Enterprise staffing software, VMS, and onboarding solutions are offered.
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 Textrecruit

Frequently Asked Questions about TextRecruit

When was TextRecruit founded?

TextRecruit was founded in 2014.

Where is TextRecruit located?

TextRecruit is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

Is TextRecruit a funded company?

TextRecruit is a funded company, having raised a total of $3.5M across 2 funding rounds to date.

What does TextRecruit do?

Web-based, mobile-enabled recruiting software that allows recruiters to send, manage, and track text communication with candidates. Recruiters can access TextRecruit via a web browser or the mobile app. It allows recruiters to add candidate details from an applicant tracking system, a CSV or Excel file, or even manually. TextRecruit can be used a stand-alone system or integrated into a clients ATS, other HR systems, or Salesforce. TextRecruit ensures compliance with all regulators and provides a dashboard to track the effectiveness of text campaigns. Monetizes through subscription-based pricing plans.

Who are the top competitors of TextRecruit?

TextRecruit's top competitors include Bullhorn, Avionte Software and ROXX.

What products or services does TextRecruit offer?

TextRecruit offers iCIMS Hire, iCIMS Engage, and iCIMS Employer Branding.

Who are TextRecruit's investors?

TextRecruit has 2 investors. Key investors include iCIMS, and SignalFire.

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