What is Alongside?
Alongside, formerly known as Qimple, is a Canadian-based HR tech company founded in 2014. The platform is designed to streamline the hiring process by enabling users to create job advertisements, post and distribute them efficiently with a single click, and manage the entire hiring workflow in one integrated solution. The company operates within the competitive HR technology sector, aiming to simplify and optimize recruitment for businesses.
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 (NBIF) is a key supporter of early-stage startups in New Brunswick, focusing on innovative technologies and venture capital. They aim to enhance the profitability and competitiveness of SMEs.
500 Global
500 Global is a venture capital firm known for investing in early-stage startups across various sectors, providing capital and support to help companies scale.
Sparkland Capital
Sparkland Capital is a Silicon Valley-based venture capital firm that invests in frontier technology and visionary leaders, with a focus on sectors like AI, Blockchain, and Enterprise Services.
What's next for Alongside?
The recent major strategic investment in Alongside signals a pivotal phase for the company, likely focused on scaling operations, expanding its market reach, and further developing its HR technology platform. This infusion of capital, coupled with the company's established presence and previous funding rounds, suggests a strategic push towards solidifying its position in the enterprise HR solutions market. Future initiatives may include enhancing product features, forging new partnerships, and potentially exploring international expansion to capitalize on global demand for efficient recruitment tools.
See full Alongside company page
