What is Untapt?
Untapt operates as a sophisticated recruiting platform designed to streamline the connection between job seekers and leading technology and finance firms. The platform offers access to over 40,000 job opportunities, emphasizing efficiency in the hiring process. For recruiters, Untapt provides robust tools for applicant filtering, talent sourcing, and diversity analytics, aiming to foster a more equitable hiring landscape. With a substantial talent pool of over 35 million searchable profiles, the company focuses on reducing hiring timelines and enhancing employer brand visibility, particularly benefiting underrepresented communities by facilitating stronger connections with potential employers.
How much funding has Untapt raised?
Untapt has raised a total of $8.1M across 4 funding rounds:
Debt
$793K
Series A
$3.1M
Debt
$2.2M
Private Equity
$2M
Debt (2014): $793K, investors not publicly disclosed
Series A (2015): $3.1M led by Tsai Capital Corp
Debt (2016): $2.2M supported by Tsai Capital Corp
Private Equity (2016): $2M featuring SenaHill Partners, WorldQuant Ventures, Bluff Point Associates, Mathers Associates, Tsai Capital, and Sand Hill East
Key Investors in Untapt
SenaHill Partners
SenaHill Partners is a merchant bank specializing in connecting global financial institutions with innovators in the financial technology sector, providing strategic access and insights.
WorldQuant Ventures
WorldQuant Ventures, associated with WorldQuant's systematic investment strategy development, likely focuses on ventures that align with quantitative finance and technological innovation in the investment space.
Bluff Point Associates
Bluff Point Associates is a private equity firm with a focus on healthcare information services and financial services technology, indicating an interest in data-driven solutions within these sectors.
What's next for Untapt?
The substantial enterprise-level funding Untapt has garnered, including its recent strategic investment, positions the company for significant scaling and further development of its recruitment technology. This capital infusion is likely to fuel enhancements in its AI-driven analytics, expand its reach into new markets, and deepen its partnerships with major corporations. The company's focus on diversity and inclusion within its platform suggests a strategic direction towards addressing critical talent acquisition challenges faced by modern enterprises, potentially leading to further innovation in equitable hiring practices and employer branding solutions.
See full Untapt company page
