Teamable™ Raises $5 Million to Help Companies Scale and Optimize Referral Hiring and Diversity Initiatives

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Teamable’s Referral Recruiting Engine Provides Companies Like Lyft, Stripe and Quantcast With a Platform for Sourcing and Hiring Top Talent From Their Employees’ Networks 

Teamable Founders 
TeamableFounders

 

Left to right: Vazgen Hakobjanyan, VP of Engineering and co-founder, Hovhannes Nurijanyan PhD, Chief Architect and co-founder, Laura Bilazarian, CEO and co-founder, Meruzhan Danielyan, VP of Product and co-founder.

 

SAN FRANCISCO, April 12, 2017 (GLOBE NEWSWIRE) -- Teamable, a pioneering HR referral recruiting platform, today announced that it has closed $5 million in Series A funding led by venture capital firm True Ventures with participation from the SaaStr Fund. Teamable will use the funding to accelerate growth and deepen its relationships with clients like Lyft, Stripe, and Quantcast.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/6c3ab313-6f56-438e-81fd-d40e0e9d09be.

Employee referrals are the most effective way to hire top-quality talent for companies large and small, but to date the workflows and processes have not been supported by HR tools. Teamable gives recruiters and hiring managers the ability to easily source candidates and receive warm introductions from their employees’ social networks.

Excerpt courtesy of GlobalNewsWire. Read full article.

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