What is CodeSignal?
Founded in 2015, CodeSignal has established itself as a leader in objective skills-based assessment platforms, aiming to revolutionize technical hiring by moving beyond traditional resume-based evaluations. The company offers automated and live technical interviewing solutions designed to help organizations identify top talent more effectively. CodeSignal's platform addresses the critical need for reliable and scalable methods to assess the technical capabilities of candidates, thereby enabling companies to #GoBeyondResumes and build stronger engineering teams.
How much funding has CodeSignal raised?
CodeSignal has raised a total of $87.4M across 4 funding rounds:
Angel/Seed
$2.4M
Series A
$10M
Series B
$25M
Series C
$50M
Angel/Seed (2015): $2.4M with participation from Sutter Hill Ventures, Auren Hoffman, Felicis Ventures, Tom Fallows, Raffi Krikorian, and Adam D’Angelo
Series A (2017): $10M led by SV Angel, A Capital, e.ventures, Granatus Ventures, and Felicis Ventures
Series B (2020): $25M supported by CM Ventures, TripHammer Ventures, Menlo Ventures, Human Capital, and Capital One Ventures
Series C (2021): $50M featuring Index Ventures, Menlo Ventures, Headline, and ACapital Ventures
Key Investors in CodeSignal
Index Ventures
Index Ventures is a venture firm investing in the next generation of entrepreneurs from seed to IPO. They partner with founders with bold dreams that challenge the status quo to build enduring companies.
Menlo Ventures
Menlo Ventures is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer internet, fintech, infrastructure, and frontier tech, typically taking board roles and partnering with founders through multiple stages of scale.
ACapital Ventures
A.Capital Ventures is a venture capital and private equity company. It focuses on seed investment. The company was founded in 2014 and is based in San Mateo, California.
What's next for CodeSignal?
The recent major strategic investment signals CodeSignal's transition into a more mature phase of enterprise-level growth. This capital infusion is expected to fuel further innovation in its assessment technology, expand its market reach, and enhance its suite of technical interviewing solutions. With a strong foundation in skills-based hiring, CodeSignal is well-positioned to capitalize on the evolving demands of the global talent acquisition landscape, potentially exploring new verticals or deepening its existing product offerings to maintain its competitive edge.
See full CodeSignal company page
