Overview

Ashby provides hiring solutions that help companies grow by streamlining their recruitment processes. The platform includes features like applicant tracking, interview scheduling, and analytics, which allow teams to manage their hiring efficiently. Unlike many competitors, Ashby focuses on serving scaling companies and offers a subscription-based service model. The goal of Ashby is to enable organizations to meet their recruitment targets quickly and effectively.

Simplify's Take

What believers are saying

• Ashby raised $30M in Series C funding, boosting its growth potential.
• The rise of remote work increases demand for Ashby's virtual hiring capabilities.
• Growing use of data analytics in recruitment aligns with Ashby's focus on analytics.

What critics are saying

• Emerging startups with innovative features at lower costs threaten Ashby's market share.
• Rapid AI advancements may outpace Ashby's current technology, reducing platform attractiveness.
• Economic downturns could lead to reduced hiring budgets, impacting Ashby's revenue.

What makes Ashby unique

• Ashby offers enterprise-grade recruitment software tailored for high-growth companies.
• The platform includes applicant tracking, interview scheduling, and analytics for efficient hiring.
• Ashby serves notable clients like Opendoor, Reddit, and Notion, enhancing its market credibility.

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Funding

Total Funding

$62.7M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:

Y Combinator

Notable Investors:

Y Combinator

$30,000,000

Series C

Jun 2024

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.

Series C Funding Comparison

Below Average

Industry standards

Ind Avg. $50M

$16M

$30M

$40M

$50M

$62M

$100M

View all funding stages