K1 Invests Over $200 Million in Jobvite to Create Market-Leading Talent Acquisition Platform

K1 Invests Over $200 Million in Jobvite to Create Market-Leading Talent Acquisition Platform

K1 Investment Management today announced a majority investment in Jobvite, the industry leader in best-of-breed recruiting software. K1 and Jobvite also announced three major acquisitions: Talemetry, the award-winning recruitment marketing company, RolePoint, the leader in employee referral and internal mobility, and Canvas, the industry’s only text-based conversational recruiting company. For the first time, this combination enables hiring teams to source, engage, hire, onboard, and retain top talent with one end-to-end platform – delivering a unified candidate experience.

HR Technologist | Jobvite Bags Brandon Hall Group’s 2018 Excellence in Technology Awards

Catalyst portfolio company Jobvite earned Brandon Hall Group’s 2018 Excellence in Technology Awards gold category honors. Awarded for its recruiting and candidate management software, the accolades highlight Jobvite’s continued success in developing a full-cycle, candidate-centric recruiting software platform that helps companies engage candidates with meaningful experiences from first look to the first day.

Jobvite awarded for customer service

Catalyst-backed Jobvite won a silver Stevie Award for Innovation in Customer Service. The company was honored for two of its newest product features: Jobvite Usage Index (JUI), a comprehensive list that allows users to track how effectively they are using the Jobvite platform; and Contextualized Help, which provides page-specific assistance articles so users can easily find necessary information where and when they need it most. This is the 9th Stevie awarded to Jobvite to date.

Jobvite surpassed one million jobs filled

Catalyst-backed Jobvite, the industry leader in best-of-breed recruiting software, has surpassed one million jobs filled, with 270,000 hires in 2017 alone. Nearly 54 million jobseekers visited a Jobvite-powered hiring website in the past year, resulting in a 13% increase in new applications since 2016, and an 18% increase in new hires. The company’s database now includes over 62 million unique jobseeker profiles. Additionally, Jobvite welcomed nearly 10,000 new recruiters to the platform in 2017, a 34% increase in total profiles from 2016.

Momentum continues for Catalyst-backed Jobvite

Jobvite, the industry leader in best-of-breed recruiting software, established Jobvite India in Bangalore and shared key indicators of business momentum. In Fiscal Year 2016, Jobvite achieved a record amount of bookings from both new customers and the expansion of current customer usage. The company experienced over 200% year-over-year growth in bookings among large enterprises. Jobvite was also named a leader in Forrester Research’s report, The Forrester Wave™: Talent Acquisition Vendors, Q3 2015, an independent research report often reviewed by large enterprises when considering talent acquisition software.

Jobvite Introduces New Onboarding Solution

A new application within the Jobvite Platform, Jobvite Onboard allows new hires to easily transition into their new roles with a structured and customizable workflow. Recruiters, HR teams, hiring managers, IT and facilities personnel, and new hires can all coordinate, communicate, and complete onboarding activities with ease.

Jobvite’s 8th annual customer conference

Jobvite, the leading recruiting solution for emerging and enterprise companies, will hold its 8th annual customer conference on May 17th and 18th in San Francisco. The conference will feature informative customer sessions, networking with talent acquisition leaders, speeches from Jobvite executives, including Jobvite CEO Dan Finnigan, and a keynote speech from technology entrepreneur and evangelist Guy Kawasaki.