Founded in 2015 in Tel Aviv (Israel), Hibob is funded to the tune of $124 million.
SmartRecruiters, based in San Francisco, has received $115 million in funding to date.
Through this new partnership, both companies seek to allow employers to streamline employee management.
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SmartRecruiters, the enterprise-grade talent acquisition suite, has partnered with Hibob, the human capital management platform.
Founded in 2015 in Tel Aviv (Israel), Hibob is funded to the tune of $124 million by 12 investors.
Through this integration, both companies hope to help clients streamline new joiner activities, onboarding, and manage the entire employee lifecycle.
Commenting on the news, Ronni Zehavi, CEO of Hibob, said: “As many businesses begin to reopen their physical workspaces, we are seeing that work from home and hybrid work environments will be the norm, making a strong remote hiring and onboarding experience imperative.
“Hibob’s data shows that two-thirds of new hires consider quitting if they have a poor onboarding experience, so streamlining this process is necessary for retention. We are excited to partner with SmartRecruiters to eliminate the pain points in these processes and help companies make a strong first impression on their newest team members.”
SmartRecruiters, based in San Francisco, has received $115 million in funding to date.
Since it burst onto the market in 2010, the company has made two acquisitions in the space. It bought employee engagement platform Jobpal in November 2020 and recommendation engine Jobspotting in January 2017.
Jerome Ternynck, the founder and CEO of SmartRecruiters, added: “SmartRecruiters’ mission is to connect people to jobs — leveraging tech that teams actually love to use and that provides the best candidate and hiring manager experience throughout all parts of the hiring process. In this new world of remote, companies need innovative HR tech tools that provide the collaboration and efficiency needed to be successful in their jobs.
“Our integration with Hibob helps customers achieve this goal all the way from candidate to new hire onboarding,” concluded the CEO.
The news comes after SmartRecruiters added two new people to its senior leadership team: Keith Remling, vice president of professional services, and Holland McCue, director of hiring success.
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