Overview

Entelo automates the hiring process for businesses by combining advanced technology with managed services to streamline talent acquisition. Their platform offers a suite of tools that help hiring managers and recruiting teams collaborate effectively, facilitating proactive engagement with potential candidates. Unlike many competitors that rely solely on artificial intelligence, Entelo focuses on delivering tangible results and improving candidate engagement. The company operates on a subscription model, providing clients access to its technology and services to identify and hire top talent efficiently. Entelo's unique approach addresses common hiring obstacles, such as blind spots and excessive data entry, making it easier for companies to connect with passive talent—those not actively seeking jobs but open to new opportunities. Their goal is to enhance the talent acquisition process, making it more actionable and efficient for businesses.

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

$39.6M

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