How Much Did Alongside Raise?
Funding & Key Investors

Alongside, an HR technology company, has secured significant enterprise-level funding, with its total funding reaching $7.3M. The company recently announced a major strategic investment of $6.2M, underscoring its growth trajectory in the competitive HR tech landscape. This latest financing round follows earlier capital injections, indicating sustained investor confidence in Alongside's innovative approach to recruitment and talent acquisition.

What is Alongside?

Alongside
SoftwareHuman Resources Software

Alongside, formerly known as Qimple, is a Canadian-based HR tech firm founded in 2014. The company specializes in streamlining the hiring process by offering a unified platform for creating job advertisements, distributing them across multiple channels with a single click, and managing the entire hiring workflow. This integrated solution aims to enhance efficiency for businesses seeking to attract and onboard talent effectively. The company's focus on simplifying complex HR processes positions it as a key player in the evolving digital recruitment market.

How much funding has Alongside raised?

Alongside has raised a total of $7.3M across 2 funding rounds:

2016

Angel/Seed

$1.1M

2022

Unspecified

$6.2M

Angel/Seed (2016): $1.1M with participation from New Brunswick Innovation Foundation

Unspecified (2022): $6.2M led by Sparkland Capital, 500 Global, New Brunswick Innovation Foundation, and Gerry Pond

Key Investors in Alongside

Sparkland Capital

Sparkland Capital is an early-stage venture capital firm based in Silicon Valley that invests in frontier technology and visionary leaders. The firm focuses on sectors such as Cyber Security, Blockchain, VR/AR, AI/Robotics, Enterprise Services, and Next Generation Consumer Products.

500 Global

Undisclosed investor participating in the funding round.

New Brunswick Innovation Foundation

The New Brunswick Innovation Foundation (NBIF) is dedicated to supporting and empowering entrepreneurs in New Brunswick by investing in early-stage startups and partnering with other investors to build venture capital. They focus on innovative technologies, particularly those addressing climate change.

What's next for Alongside?

The recent major strategic investment in Alongside signals a pivotal phase for the company, likely focused on scaling its operations and expanding its market reach. With a total funding amount of $7.3M, the company is well-positioned to enhance its platform capabilities, invest in further technological development, and potentially explore new geographic markets. This infusion of capital is expected to accelerate Alongside's growth, enabling it to further solidify its standing as a comprehensive HR tech solution provider and capitalize on the increasing demand for efficient hiring tools.

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Frequently Asked Questions Regarding Alongside Financial Insights

What are the most recent funding rounds that Alongside has completed, and what were the funding rounds?
Alongside has recently completed 2 funding rounds: Unspecified on Feb 16, 2022, Angel/Seed on Jun 16, 2016.
What is the total amount of funding Alongside has raised to date?
Alongside has raised a total of $7.3M in funding to date.
How many funding rounds has Alongside completed?
Alongside has completed 2 funding rounds.
How much funding did Alongside raise in its most recent funding round?
Alongside raised $6.2M in its most recent funding round.
Who are the lead investors in Alongside's latest funding round?
The lead investor in Alongside's latest funding round was Sparkland Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Alongside's history?
The largest funding round in Alongside's history was $6.2M.
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