SmartRecruiters, a San Francisco-based provider of recruiting solutions, just announced the acquisition of the Berlin-based HR startup Jobspotting. Financial details of the deal have not been disclosed. Active in 10 countries, Jobspotting is a recommendation engine driven by big data and artificial intelligence. To date, it has matched three million users with relevant jobs.
Jobspotting is a data-driven job board that matches users with relevant career opportunities. Using data science and machine learning, it offers recommendations based on personal preferences and improves over time through user feedback. Jobspotting was founded in 2013 by a team that combined many years of experience at Google, Axel Springer and successful startups.
SmartRecruiters was founded in 2010 with the mission to help organizations succeed through great hires. The company has 700+ customers and offices across Europe and North America. Investors include Mayfield, Salesforce Ventures and Insight Venture Partners.
By combining Jobspotting’s advanced matching technologies with SmartRecruiters’ internationally-recognized Talent Acquisition Suite, a new global player in data-driven recruiting has been established. The Jobspotting team will continue to operate out of Berlin and to develop data-driven products to be incorporated into SmartRecruiters’ existing suite of recruiting tools.
Jerome Ternynck, SmartRecruiters Founder and CEO stated: “Jobspotting is a pioneer in the recruiting market, having built a compelling business based on big data and machine learning technology. Hiring success rests on three groups of people: candidates, hiring managers and recruiters. By successfully harnessing existing data, we can make the hiring process work for everybody, helping companies find the best talent for their teams. Technology can unify the components of the hiring process, and that is why we believe that Jobspotting is the perfect partner to accelerate the process of delivering hiring success to our customers.”
Robin Haak, co-founder and COO at Jobspotting said: “We share a common vision with SmartRecruiters, which is to solve unemployment worldwide. Both companies have been working on this from different perspectives, and our partnership brings together the best of both worlds.“