JazzHR, the leading recruiting solutions provider for small and medium-sized businesses, recently announced that it has closed a $6.6 million financing round. Volition Capital led the round with participation from existing investors Birchmere Ventures, Rincon Venture Partners, and others. This round brings the company's total funding to $25M since launching in 2009.
The company will use the investment to fuel strategic product development and accelerate continued 'go to market' expansion.
The announcement comes on the heels of a series of prominent awards. Named an Inc. 5000 company for the second consecutive year, JazzHR continues to be recognized for its accelerated growth and human capital management solutions. Along with being named 2017's Best Human Capital - Talent Management Solution in the 32nd annual SIIA CODiE Awards, JazzHR was recently ranked the No. 1 most user-friendly Applicant Tracking Software by Capterra.
"JazzHR's mission is to reduce the time and cost to hire by providing a powerful, easy to use recruiting solution at a price point designed to fit small business budgets," says CEO of JazzHR, Pete Lamson. "We are delighted to partner with word-class investors to help SMBs accelerate and optimize their recruiting results."
JazzHR's best-in-class software creates value for more than 3,000 customers by replacing time-consuming and manual hiring tasks with intuitive tools designed to help recruiters and hiring managers find and hire the right talent, fast. With a focus on small to medium-sized businesses, JazzHR is the first company to bring enterprise-grade recruiting solutions to the small business market with an affordable price tag.
"We are thrilled to continue working with the JazzHR management team," stated Sean Cantwell, Managing Partner at Volition Capital. "SMBs need simple, high performance hiring solutions without the price tag of enterprise tools. JazzHR uniquely fills that void in the marketplace. Our continued investment in the business is a testament to JazzHR's vision, strategy and market leadership, and we look forward to supporting their next phase of growth."