EmployStream secures $7 million to future-proof onboarding software and guide ideas inspired by its rapidly growing consumer base.
FREMONT, CA: The leading provider of onboarding automation to the staffing industry, EmployStream, has raised $7 million Series B funding round. This round of investment was led by Plymouth Growth Partners, along with Rev1 Ventures, JumpStart, Ohio Innovation Fund, and North Coast Angel Fund. EmployStream will use the raised capital to expand product development, enhance its footprint in the staffing industry, and fuel innovation of ideas spurred by its rapidly increasing consumer base.
When it comes down to employee onboarding, there is an enormous opportunity for intuitive tools. Staffing agencies and other high-volume hirers are progressively looking for rich candidate experience and workflow automation. The company provides a complete solution in these areas and plans to enhance its solution suite with this new capital significantly. For the staffing industry, EmployStream team has created a robust, easy-to-use, and candidate-centric onboarding platform, delivering more value to its faithful customers and continue its accelerated growth. The company intends to add key leadership positions in business marketing and development and leverage its reputation as a high-growth, modern SaaS organization to draw top-tier talent to its Product and Engineering teams.
EmployStream offers the most excellent onboarding and candidate experience platform in the staffing industry. Its cloud-based, mobile-first platform makes hiring, qualifying, and engaging candidates easy for anyone involved. EmployStream is built to automate and streamline critical touchpoints throughout the hiring process, reducing costly mistakes and delays. The company's onboarding and candidate engagement platform eliminates the typical pain of the employment process with new, easy-to-use, mobile-friendly software. Built for the staffing industry by the staffing industry experts, EmployStream streamlines a business's workload, eliminates manual processes, and assists organizations find, hire, and retain great talents.