What is Entelo?
Entelo operates a sophisticated talent acquisition platform that harnesses big data, predictive analytics, and social signals to empower recruiting organizations. The Entelo Search functionality provides access to extensive candidate profiles, aggregating data from diverse social and professional platforms such as Github, Dribbble, Quora, and Twitter. Complementing this, Entelo Sonar employs advanced variable analysis to identify optimal moments for candidate engagement, signaling when individuals are most receptive to new career opportunities. This data-driven approach is designed to streamline the process of finding, qualifying, and engaging with in-demand talent.
How much funding has Entelo raised?
Entelo has raised a total of $42.6M across 7 funding rounds:
Other Financing Round
$248K
Series A
$3.5M
Private Equity
$4.9M
Series B
$12M
Series C
$20M
Debt
$1M
Debt
$900K
Other Financing Round (2012): $248K with participation from Battery Ventures
Series A (2013): $3.5M led by Menlo Ventures and Battery Ventures
Private Equity (2014): $4.9M, investors not publicly disclosed
Series B (2016): $12M featuring Battery Ventures and Shasta Ventures
Series C (2017): $20M backed by U.S. Venture Partners, Shasta Ventures, Correlation Ventures, and Battery Ventures
Debt (2020): $1M with participation from PPP
Debt (2021): $900K led by PPP
Key Investors in Entelo
Battery Ventures
Battery Ventures is a global investment firm that partners with exceptional founders to build category-defining businesses across software and services, enterprise infrastructure, and other technology sectors. They support companies at all stages, from seed to buyout.
Shasta Ventures
Shasta Ventures is an early-stage venture capital firm focused on partnering with entrepreneurs building innovative enterprise software solutions. They manage over $1B and have a strong track record in the sector.
U.S. Venture Partners
U.S. Venture Partners (USVP) is a prominent Silicon Valley venture capital firm specializing in early-stage investments across cybersecurity, enterprise software, and healthcare. They actively support entrepreneurs in developing transformative companies.
What's next for Entelo?
The substantial enterprise-level funding Entelo has attracted, particularly the recent strategic investment, indicates a phase of significant scaling and market expansion. This capital infusion is likely to be directed towards enhancing its AI-driven predictive analytics capabilities, broadening its data sourcing, and potentially expanding its global reach. The company's focus on leveraging data to optimize talent acquisition suggests a strategic push to solidify its market leadership and further differentiate itself in the competitive HR technology landscape. Future developments may include deeper integrations with existing HR systems and the introduction of new tools to address evolving recruitment challenges.
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