What is Alongside?
Founded in 2014, Alongside provides an integrated software-as-a-service solution designed to simplify the complexities of the hiring process. The platform enables organizations to create, distribute, and manage job postings through a centralized interface, effectively reducing the administrative burden associated with multi-channel recruitment. By consolidating these disparate tasks into a single, cohesive environment, Alongside addresses the growing demand for efficiency in enterprise-level human capital management. The company's market position is bolstered by its ability to serve as a foundational tool for businesses aiming to scale their workforce operations with precision and speed.
The company's growth has been supported by a diverse group of investors, ranging from regional innovation foundations to global venture capital firms. This mix of backing reflects confidence in the platform's scalability and its potential to disrupt traditional recruitment methodologies through automation and data-driven insights.
How much funding has Alongside raised?
Alongside has raised a total of $7.3M across 2 funding rounds:
Angel/Seed
$1.1M
Unspecified
$6.2M
Angel/Seed (2016): $1.1M with participation from New Brunswick Innovation Foundation
Unspecified (2022): $6.2M led by 500 Global, Sparkland Capital, New Brunswick Innovation Foundation, and Gerry Pond
Key Investors in Alongside
New Brunswick Innovation Foundation
The New Brunswick Innovation Foundation is dedicated to supporting and empowering entrepreneurs by investing in early-stage startups and partnering with other investors to build venture capital.
Sparkland Capital
Sparkland Capital is an early-stage venture capital firm based in Silicon Valley that invests in frontier technology and visionary leaders across sectors like AI, robotics, and enterprise services.
500 Global
500 Global is a venture capital firm that invests in founders building fast-growing technology companies, with a focus on markets worldwide.
What's next for Alongside?
With the infusion of $6.2M, Alongside is well-positioned to accelerate its product development roadmap and expand its market footprint. The strategic focus will likely center on enhancing the platform's automation capabilities and deepening its integration with existing enterprise resource planning systems. As the HR tech landscape continues to consolidate, the company's ability to leverage its recent capital will be pivotal in maintaining its competitive edge. Future initiatives are expected to prioritize user experience improvements and the expansion of its service offerings to meet the evolving needs of global talent acquisition teams, ensuring that the firm remains at the forefront of the digital recruitment revolution.
See full Alongside company page