Helping with talent acquisition, the company says it will use the fresh flow of funds for product development of its recruiting software and enhance its HR related solutions. It also eyes geographical expansion into the United Sates with the proceeds.
It uses scalable data-mining and machine learning algorithms to automate relationship tracking for recruiters with the right talent and determines if the prospect is interested working for a particular employer and if yes, under what circumstances?
It believes in candidate relationship management (CRM) system for job seekers and creating a network of talent pool for mangers, interestingly even before the potential candidates apply for the job. Its software for CRM enables companies to approach hiring with modes like outbound prospecting and pipeline building to assure engagement, claims the company.
Co-founded in 2014 by Abakar Saidov, Sultan Saidov and Michael Paterson, Beamery is an AngelPad backed firm. It captures contact information, social profiles and skills of prospects to talent pools and sync emails to create a complete candidate profile and aid companies in making an informed choice.
Abakar Saidov, CEO, Beamery, in his statement said:
“This (offering) gives companies a huge competitive advantage, providing a complete talent intelligence hub and helping companies build relationships with candidates that are not applying.”
Every relationship begins with multiple touch-points and we are trying to be the system that brings it all together,” Saidov added.
According to the ‘CRM for recruiting’ company, it serves its intelligence to employers like Facebook, VMWare, Criteo, Instacart etc. It also has the attention of employers from sectors like hospitality, retail and financial services.
