SquarePeg

SquarePeg

AI-driven job matching via assessments

Overview

SquarePeg runs an AI-powered job matching platform for job seekers and employers. It uses quick, data-driven assessments to build a candidate profile that goes beyond resumes, capturing workplace personality and unique traits. An algorithm analyzes hundreds of attributes to match candidates with suitable roles and companies, then delivers personalized JobFit reports to highlight where success is likely. Compared to traditional recruiting, SquarePeg differentiates itself by focusing on trait-based profiles and providing pre-screened, high-quality candidates, helping employers save time and improve hire quality. The goal is to improve hiring outcomes by increasing compatibility between candidates and roles, reducing time-to-fill for employers.

Significant Headcount Growth

About SquarePeg

Simplify's Rating
Why SquarePeg is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

AI & Machine Learning

Company Size

11-50

Company Stage

Seed

Total Funding

$6.4M

Headquarters

Salt Lake City, Utah

Founded

2017

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Simplify's Take

What believers are saying

  • SquarePeg closed a $3.5 million seed round led by Next Frontier Capital in January 2025.
  • By August 2026, SquarePeg marketed hundreds of team users and 95-plus ATS integrations.
  • AI screening demand remains hot as SquarePeg tests products with customers and maintains a waiting list.

What critics are saying

  • Greenhouse launched Voice AI, candidate matching, and MCP in June 2026, compressing SquarePeg's moat.
  • LinkedIn and ATS-native products reduce reliance on SquarePeg's standalone candidate matching workflow.
  • If mid-market recruiters standardize on Greenhouse or Workday, SquarePeg becomes an interchangeable point solution.

What makes SquarePeg unique

  • SquarePeg layers ATS intelligence onto existing systems, including fraud detection and glass-box scoring.
  • Its 600+ million-candidate search and ATS integrations differentiate it from resume-only screeners.
  • Claire McTaggart repositioned SquarePeg in 2026 from startup ATS to recruiting agents.

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Funding

Total Funding

$6.4M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Meet Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$3.5M
SquarePeg

Benefits

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

5%
SquarePeg
Feb 5th, 2025
SquarePeg Announces Funding to Deliver New Candidate Evaluation Platform Built for the Modern Recruiter

$3.5M seed round to bring AI screening tools to lean recruiting teams

AIM Group
Feb 4th, 2025
SquarePeg secures $3.5M for AI tool

SquarePeg, a Utah-based talent acquisition company, has raised $3.5M in seed funding to develop AI candidate screening tools for recruiters. The funding will help build a product for mid-market companies, using LLM technology to score, evaluate, and process applicants quickly. The seed round was led by Next Frontier Capital, with participation from Acadian Ventures, Bread & Butter Ventures, and Silicon Road Ventures, along with existing investors. SquarePeg is testing the product with customers.

Sifted
Sep 11th, 2024
The DeepMind founder factory: Meet 13 employees-turned-founders

Almost all of DeepMind's founder alumni have — unsurprisingly — launched startups in the AI space since leaving the company.

Intelligence360 News
Jul 12th, 2022
Dallas Texas Based Squarepeg Is Raising $2,944,997.00 In New Equity Investment.

Dallas, TX – According to filings with the U.S. Securities and Exchange Commission, SquarePeg is raising $2,944,997.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Claire Mctaggart played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development. About SquarePeg

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