How Much Did iHire Raise?
Funding & Key Investors

iHire, a prominent player in the recruitment technology sector, has secured $350K in total funding, with its most recent capital infusion amounting to $350K in a major strategic investment. This significant backing underscores the company's established position and its ongoing trajectory in the competitive talent acquisition market.

What is iHire?

iHire
Business ServicesHuman Resources Management Systems (HRMS)

Headquartered in Frederick, Maryland, iHire operates as a specialized recruitment platform, managing a network of 57 industry-specific talent acquisition solutions. Since its inception in 1999, the company has leveraged advanced AI-driven job matching technology and deep recruitment expertise to connect job seekers with employers across diverse sectors such as sports, veterinary, dental, construction, culinary, healthcare, and technology. iHire's proprietary matching engine analyzes over 110,000 variables to ensure precise alignment between candidates and opportunities. For employers, iHire offers a comprehensive suite of tools including AI-powered matching, ATS integrations, job posting, resume search, recruitment marketing, HR consulting, and outsourced recruitment services. Its flagship product, iHire360, provides SMBs with enterprise-grade talent acquisition capabilities. For job seekers, the platform offers access to verified job openings, aggregated listings, resume building tools, career advisory services, and extensive job search resources, emphasizing a candidate-centric, data-driven approach to efficient and effective recruitment.

How much funding has iHire raised?

iHire has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for iHire?

With its substantial late-stage funding context, iHire is strategically positioned for significant scaling and further innovation in its AI-powered recruitment solutions. The company's focus on specialized talent networks and its robust platform, iHire360, indicate a clear path toward enhancing its market penetration and expanding its service offerings. Future developments are likely to involve deeper integration of AI for predictive hiring analytics, broader industry network expansion, and enhanced employer solutions to streamline the recruitment lifecycle. This strategic investment will likely fuel product development, market outreach, and potential acquisitions, solidifying iHire's role as a leader in specialized recruitment technology.

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Frequently Asked Questions Regarding iHire Financial Insights

What are the most recent funding rounds that iHire has completed, and what were the funding rounds?
iHire has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding iHire has raised to date?
iHire has raised a total of $350K in funding to date.
How many funding rounds has iHire completed?
iHire has completed 1 funding rounds.
How much funding did iHire raise in its most recent funding round?
iHire raised $350K in its most recent funding round.
Who are the lead investors in iHire's latest funding round?
The lead investor in iHire's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in iHire's history?
The largest funding round in iHire's history was $350K.
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