What is Untapt?
Untapt operates as a sophisticated recruiting platform, designed to bridge the gap between job seekers and leading technology and finance firms. The platform provides access to over 40,000 job opportunities, emphasizing efficiency in the hiring process. For recruiters, Untapt offers robust tools for applicant filtering, talent sourcing, and diversity analytics, promoting a more equitable hiring landscape. With a vast talent pool of over 35 million searchable profiles, the company is focused on reducing hiring timelines and bolstering employer brand visibility, with a particular emphasis on connecting underrepresented communities with career prospects.
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, Sand Hill East, and Tsai Capital
Key Investors in Untapt
Tsai Capital Corp
Tsai Capital Corporation is an investment management firm focused on long-term capital growth for families and organizations, specializing in growth equities with a disciplined approach rooted in a rich financial heritage.
SenaHill Partners
SenaHill Partners, LP is a merchant bank that connects global financial institutions with innovators in the financial technology sector, leveraging extensive experience and domain expertise to provide strategic access and insights.
WorldQuant Ventures
WorldQuant Ventures is associated with WorldQuant, a firm that develops and deploys systematic investment strategies across various asset classes and global markets using a proprietary research platform.
What's next for Untapt?
The recent major strategic investment in Untapt signals a strong validation of its business model and market position. This capital infusion is expected to fuel further development of its AI-driven recruiting tools, enhance its data analytics capabilities for diversity hiring, and expand its reach into new markets. As Untapt continues to scale, its focus will likely remain on optimizing the candidate experience and providing enterprise-level solutions that address the evolving needs of the tech and finance industries. The company's commitment to efficiency and equity in hiring positions it for sustained growth and impact.
See full Untapt company page
