Shortlyster secures AUD$5M in new capital financing

June 25, 2019
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Intelligent hiring optimization platform that aids companies in making stronger hires, Shortlyster, has recently announced the successful conclusion of an AUD$5 million funding round.

The seed round was led by Deepbridge Capital, an investment fund specialist in the technology, life sciences, and renewable energy sectors, with participation from Shark Tank’s Andrew Banks and entrepreneur, Tink Taylor.

Shortlyster uses smart data and science to match organisations with candidates make better fit their job, team, and company culture to create more successful workplaces. The combination of all three elements is a distinguishable difference versus other HR and recruitment tech platforms.

What does this funding mean to Shortlyster?

Shortlyster’s CEO and Co-Founder Rudy Crous said the funding would be used to execute their growth strategy and unlock further market expansion.

“Who you hire can make or break your business and we want to establish a beachhead position for Shortlyster as the essential ‘first step’ tool for hiring decisions. All businesses want to ideally find the right person to hire quickly, and the value in our technology is that we can do this and thus dramatically improve the process of recruitment,” he said.

“Shortlyster standardises the way candidates are reviewed (screened, ranked, and matched), removing the cognitive bias from the hiring process at the start. We help businesses make more objective hiring decisions – with the platform underpinned by organisational psychology and neuroscience principles,” said Crous.

Read more here.

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