What is Yello?
Founded in 2008 and headquartered in Chicago, Illinois, Yello offers a comprehensive recruitment platform designed to streamline and manage corporate recruiting processes. The company's technology aims to enhance efficiency for businesses seeking to attract and hire talent. Yello's market presence is bolstered by its focus on enterprise clients, providing solutions that integrate with existing HR systems and workflows.
How much funding has Yello raised?
Yello has raised a total of $61.2M across 4 funding rounds:
Series A
$6M
Series B
$9.2M
Series C
$31M
Debt
$15M
Series A (2014): $6M with participation from First Analysis and Generations Capital
Series B (2016): $9.2M led by First Analysis and Argentum
Series C (2017): $31M supported by JMI Equity and First Analysis Corporation
Debt (2020): $15M featuring CIBC
Key Investors in Yello
JMI Equity
JMI Equity, founded in 1992 and headquartered in Baltimore, Maryland, is a growth equity firm specializing in investments within leading software companies, aligning with Yello's technology focus.
CIBC
CIBC, established in 1961 and based in Canada, offers a broad spectrum of financial services, including corporate banking and investment banking, indicating a strategic financial backing for Yello's expansion.
First Analysis Corporation
First Analysis Securities operates as a venture capital firm, providing private equity investments in technology companies, suggesting a focus on Yello's software and platform development.
What's next for Yello?
The recent major strategic investment signals a new phase of expansion for Yello, likely focusing on scaling its operations, enhancing its platform capabilities, and potentially exploring new market segments. This capital infusion is expected to fuel further innovation in recruitment technology and solidify Yello's competitive edge. The company's trajectory suggests a move towards further market penetration and the development of advanced recruitment analytics and AI-driven hiring solutions.
See full Yello company page
