Overview

Entelo automates the hiring process for businesses by combining technology with managed services to streamline talent acquisition. Their platform helps hiring managers engage with potential candidates proactively, reducing manual efforts in recruitment. Unlike competitors that rely solely on AI, Entelo focuses on delivering tangible results and effective candidate engagement. The company's goal is to enhance the hiring experience by removing common obstacles and making it easier to connect with passive talent.

Simplify's Take

What believers are saying

• Growing demand for diversity hiring tools aligns with Entelo's focus on diverse candidate engagement.
• Increased need for virtual recruitment solutions supports Entelo's platform capabilities.
• Rising trend of data analytics in recruitment enhances Entelo's predictive hiring features.

What critics are saying

• Emerging platforms with similar AI solutions at lower costs threaten Entelo's market share.
• Rapid AI advancements may require Entelo to invest heavily in R&D.
• Data privacy regulations could limit Entelo's ability to utilize candidate data.

What makes Entelo unique

• Entelo combines AI with human insights for effective candidate engagement.
• The platform offers proactive engagement with passive talent, reducing manual recruitment efforts.
• Entelo provides a comprehensive suite of tools for seamless HR system integration.

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Funding

Total Funding

$40.7M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:

Battery Ventures

Notable Investors:

Battery Ventures

$20,020,000

Series C

Jun 2017

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

$20M

$40M

$50M

$62M

$100M

View all funding stages