Crosschq Secures $16.5 Million in Series A Expansion  

by Kay Aloha Villamor in September 22nd, 2021

Crosschq, a San Francisco, California-based pioneer of the Talent Intelligence Cloud™ powering a revolution in data-driven hiring and people analytics, announced an extension to its Series A financing bringing the total round to $30 million.

Led by Tiger Global, this $16.5 million expansion included returning investors GGV Capital, Bessemer Venture Partners, SAP.iO, rocketship.vc, and new investors including Jack Altman, current CEO of Lattice.

Crosschq will use the new capital to turbocharge product development with a focus on ML/AI, expanding its engineering team from 18 to 50 over the next six months. The company will also double down on its Go-To-Market investments and strategic partnerships by continuing to grow sales, marketing, and customer success teams.

Company: Crosschq, Inc.

Raised: $16.5M

Round: Series A

Funding Month: September 2021

Lead Investors: Tiger Global

Additional Investors: GGV Capital, Bessemer Venture Partners, SAP.iO, rocketship.vc, and Jack Altman

Company Website: https://crosschq.com/

Software Category: Data-driven hiring and people analytics

About the Company: Crosschq is powering a revolution in data-driven hiring and people analytics to help companies better recruit and retain talent. Crosschq’s Talent Intelligence Cloud™ provides solutions across the new hire lifecycle to help enhance sourcing, screening, and onboarding new hires while providing a single source of truth for customers to accurately measure Quality of Hire. The company’s AI-driven cloud-based SaaS solutions were built with a talent-first approach prioritizing trust and transparency, minimizing bias, and protecting privacy. Leading innovative companies like Snowflake, Hubspot, Allegis, and Dish Networks trust Crosschq to help build diverse, winning teams.

Source: https://www.globenewswire.com/news-release/2021/09/21/2300320/0/en/Crosschq-Secures-30M-in-Tiger-Global-Led-Series-A-Financing-To-Expand-and-Scale-AI-Powered-Talent-Intelligence-Cloud.html

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