News

Wizehire Announces Series B Funding Round

Wizehire is excited to announce that we’ve successfully closed our Series B funding round, raising $30 million led by Tiger Global. This significant investment underscores our commitment to transforming small business hiring and empowering our customers with innovative solutions.

Wizehire Secures Series B Funding to Transform Small Business Hiring

We recognize a pressing need. Today’s economic landscape presents unique challenges for small businesses, especially in talent acquisition and retention. Despite a rebound in the broader job market, 90% of small businesses continue to grapple with hiring qualified candidates. That’s why Wizehire is excited to leverage this Series B round of financing to expand our hiring and recruiting features.

Wizehire is your EEO reporting ally

Our platform streamlines your EEO-1 compliance by automatically collecting anonymous demographic data and offering real-time detailed reports. Focus on finding top talent, not data compilation.

What Does This Funding Mean for You?

After securing this significant investment, Wizehire is doubling down on our commitment to empowering small businesses like yours. Here are the key projects and initiatives we’ll be focusing on.

Enhanced Candidate Quality

Through strategic industry partnerships and integrations, we aim to connect you with a pool of highly skilled and qualified candidates, ensuring you make better quality hires that align with your business needs.

Streamlined Hiring Processes

We’re revolutionizing how you conduct interviews, communicate with candidates, and extend offers. Our platform will now offer seamless candidate texting capabilities, making it easier for you to stay in touch and schedule interviews efficiently.

Compliance and Risk Reduction

Wizehire is dedicated to simplifying your HR processes and reducing compliance risks. With legally approved offer letters and recommended background checks, you can rest assured that your hiring practices meet regulatory standards.

Enhanced Employee Experience

A world-class employee experience starts with effective onboarding. We’re enhancing our onboarding processes to cater specifically to your industry’s needs, ensuring a smooth transition for new hires.

More Integrated Solutions

Our commitment to supporting your business extends beyond hiring. We’re vetting and integrating with solutions that streamline payroll automation, tax processes, and other essential business functions, making your operations run smoother than ever.

“We started Wizehire in 2014 because we wanted small businesses to have an incredible hiring experience they could actually afford.”

– Sid Upadhyay, Wizehire CEO & Co-founder

Thank You to Our Valued Customers

To all our amazing customers, we want to express our deepest gratitude for choosing Wizehire. Your trust, inspiration, and partnership mean everything to us. As we step into this exciting new chapter, our mission remains clear: to help you find top talent, simplify your hiring journey, and support your business growth.

Your ongoing support fuels our passion, and we’re thrilled to continue this journey with you for many more years. We’re always rooting for your small business! 

Frequently Asked Questions

How does Wizehire’s Series B funding round impact its product development?

Wizehire’s Series B funding round plays a crucial role in product development, empowering the company to enhance its hiring platform, integrate with leading partners, streamline processes, improve user experience, and introduce new tools and features that benefit both employers and jobseekers. This strategic investment enables Wizehire to accelerate its roadmap, focusing on innovation and delivering tailored solutions that address the evolving needs of the small business hiring landscape.

What are the long-term goals for Wizehire following its Series B funding?

Wizehire’s long-term goals after its Series B funding include deepening industry partnerships, advancing technological capabilities, and enhancing user experience. The company aims to solidify its position as a leading hiring platform for small and growing businesses, offering comprehensive solutions that empower businesses to attract, hire, onboard, and retain top talent effectively.

Author

  • Leighann Emo

    With a rich background in content development, Leighann creates engaging, educational articles that resonate with small and growing businesses. Her role involves ensuring the accuracy and quality of content and collaborating with other board members to assess the accuracy and compliance of content.

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Leighann Emo

With a rich background in content development, Leighann creates engaging, educational articles that resonate with small and growing businesses. Her role involves ensuring the accuracy and quality of content and collaborating with other board members to assess the accuracy and compliance of content.

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