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Overview
Grayscale helps companies hire more people faster by providing a high-volume hiring platform. It connects to existing applicant tracking systems (AT S) like Greenhouse, Lever, Workday, and SAP SuccessFactors, and lets recruiters text candidates directly inside the ATS. The platform supports bulk messaging, drip email/SMS campaigns, and automation of routine tasks, enabling recruiters to manage large candidate pools efficiently. It also offers mobile apps for recruiting on the go. What sets Grayscale apart is its explicit focus on scale: seamless ATS integration, in-ATS messaging, and workflow automation designed to move many candidates through the funnel quickly, which helps shorten time-to-fill and improve interview sit rates. The company’s goal is to streamline recruitment at scale, reducing manual work for recruiters while speeding up hiring outcomes across a diverse set of clients.
About Grayscale
Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Series A
Total Funding
$14.9M
Headquarters
Atlanta, Georgia
Founded
2017
Simplify's Take
What believers are saying
- Grayscale converted GBTC to ETF in early 2024 boosting accessibility.
- Grayscale provides institutional-grade custody via Coinbase Custody.
- Grayscale publishes in-depth digital asset market research reports.
What critics are saying
- Grayscale faces regulatory hurdles delaying new crypto products.
- Grayscale outflows hit GBTC post-ETF conversion in 2024.
- Digital Currency Group ties expose Grayscale to DCG volatility.
What makes Grayscale unique
- Grayscale pioneered Bitcoin Investment Trust in 2013 for institutional crypto access.
- Grayscale manages $35 billion in digital assets as largest platform.
- Grayscale offers broadest U.S. suite of crypto ETFs and trusts.
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Funding
Total Funding
$14.9M
Below
Industry Average
Funded Over
4 Rounds
Industry standards
Benefits
Professional Development Budget
Growth & Insights and Company News
6 month growth
↑ 3%1 year growth
↑ 5%2 year growth
↑ 3%Paylocity, a provider of HCM, Finance and IT solutions, has acquired Grayscale Labs, an AI-powered recruiting automation company specialising in high-volume hiring. Financial terms were not disclosed. Grayscale's platform uses AI to accelerate recruiting workflows whilst keeping hiring decisions with recruiters and managers. The technology helps organisations manage time-sensitive hiring processes for high-volume, high-turnover workforces by improving candidate engagement and response times. The acquisition aligns with Paylocity's strategy to embed AI across its platform, extending automated capabilities into talent acquisition. Paylocity stated the deal will not materially impact its fourth quarter or fiscal 2026 financial results. The company will provide updated financial guidance with its third quarter fiscal 2026 earnings release.
Grayscale is a high-volume hiring platform, leveraged by brands like Amazon, DICK's Sporting Goods, and DoorDash, to streamline and accelerate hourly hiring through an SMS-first, automated hiring experience.
Ty Abernethy has spent the last decade using tech to address the inefficient process of hiring new talent.
Grayscale is thrilled to announce that Grayscale has raised a $3.25M Seed round.
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About Grayscale
Industries
Data & Analytics
Enterprise Software
Company Size
51-200
Company Stage
Series A
Total Funding
$14.9M
Headquarters
Atlanta, Georgia
Founded
2017
There are no jobs for Grayscale right now.
Find jobs on Simplify and start your career today