What is Brazen?
Brazen provides employers with a comprehensive suite of virtual recruiting tools designed to enhance the hiring process in an increasingly remote environment. Their platform offers features such as virtual hiring events, virtual career fairs, text, audio, and video chat capabilities, and live video broadcasts. By enabling more diverse candidate connection points beyond traditional application methods, Brazen aims to convert candidate interest into quality hires more efficiently, reportedly at twice the industry standard and in half the time. The company's virtual hiring event platform is utilized by prominent global organizations, including CVS Health, Starbucks, and KPMG, establishing Brazen as a leading provider in the virtual hiring event software sector since 2013.
How much funding has Brazen raised?
Brazen has raised a total of $10.1M across 7 funding rounds:
Debt
$992K
Debt
$750K
Other Financing Round
$100K
Private Equity
$1.2M
Private Equity
$4.7M
Private Equity
$1.8M
Debt
$625K
Debt (2009): $992K, investors not publicly disclosed
Debt (2010): $750K, investors not publicly disclosed
Other Financing Round (2012): $100K supported by CIT GAP Funds
Private Equity (2013): $1.2M, investors not publicly disclosed
Private Equity (2015): $4.7M backed by Randstad Innovation Fund, Militello Capital, Osage Partners, and Kegonsa Capital Partners, LLC
Private Equity (2016): $1.8M, investors not publicly disclosed
Debt (2017): $625K, investors not publicly disclosed
Key Investors in Brazen
Randstad Innovation Fund
Randstad Innovation Fund is part of Randstad, a global human resources services company specializing in comprehensive workforce solutions. They focus on investing in innovations that shape the future of work and talent acquisition.
Osage Partners
Osage Partners is a venture capital firm that invests in early-stage B2B software companies, with a particular interest in the future of work and education sectors.
CIT GAP Funds
CIT GAP Funds, part of the Center for Innovative Technology, provides crucial early-stage funding to technology companies, aiming to bridge gaps in the innovation continuum and foster economic development.
What's next for Brazen?
The substantial enterprise-level funding and recent strategic investment signal a period of accelerated growth and market penetration for Brazen. This capital infusion is likely to be directed towards enhancing its existing virtual recruiting technologies, expanding its market reach, and potentially developing new solutions to address the dynamic needs of talent acquisition. The company's focus on improving candidate engagement and conversion rates positions it well to capitalize on the ongoing shift towards digital and remote recruitment strategies, further solidifying its leadership in the HR technology space.
See full Brazen company page
