Built In acquires $22M towards its tech-recruiting platform expansion

July 20, 2019
Share this Post: 

Chicago-based tech-recruitment platform Built In has recently announced a successful $22 million funding round that will be put towards both talent and location expansions.

The tech company announced Tuesday that it raised $22 million in a Series C round led by Updata Partners, a venture capital firm in Washington, D.C. Chicago-based MATH Venture Partners also participated in the round, as it has been a consistent investor in Built In since 2015.

As part of the deal, Updata’s General Partner Carter Griffin is joining Built In’s Board of Directors.

“The market opportunity ahead of Built In is incredibly exciting, based in part on a set of favorable business and macroeconomic trends,” Griffin said in a statement. “In addition to low unemployment and the continued growth of the tech sector, more companies than ever are undergoing digital transformations to stay competitive.”

With this latest financing, Built In has now raised nearly $30 million in total, according to data from Crunchbase. And according to Pitchbook, Built In’s Series C round is the second-largest round of funding raised by a Chicago tech company led by a woman CEO.

Read more here.

Join us November 12-15 for the Property Portal Watch Conference Madrid 2019.

899 Limited Tickets

Read more

July 20, 2019

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

New Jersey Governor and NJEDA team up to launch job portal

Read More
Shutterstock 2738268051 1
CMP has a plan to answer unemployment numbers due to COVID-19

Recruitment, coaching and outplacement firm, CMP, is providing over a thousand people free access to their career portal to make...

Read More
Searchie 1
According to AI recruiter Searchie, COVID-19 has actually inflated global hiring numbers

COVID-19 has had one major impact on HRtech: artificial intelligence has found its time to truly shine. Sahiqa Bennett, Co-founder...

Read More
Coronavirus Covid Work Employment Jobs Economy 1
Ex-SocialRank founders premiere new job board to combat coronavirus layoffs

Employment numbers have been in near free-fall since the coronavirus pandemic, and hardly any industry can hide from it. But...

Read More

Editor's Pick