DriverReach, an Indianapolis, IN-based recruiting and compliance management system, closed a $7.5 million in Series A funding round led by Fulcrum Equity Partners, with participation from CreativeCo Capital.
The company intends to use the funds for research and product development of its software platform to expand its offering to enable more compliance and reporting functionality and more integration capabilities with job boards and other lead generation partners and to add approximately 60 individuals over the next 3 years to its remote workforce.
Company: DriverReach, LLC.
Raised: $7.5M
Round: Series A
Funding Month: January 2022
Lead Investors: Fulcrum Equity Partners
Additional Investors: CreativeCo Capital
Company Website: https://www.driverreach.com/
Software Category: Modern recruiting management solutions
About the Company: Founded in 2016 by CEO Jeremy Reymer, DriverReach is the Recruiting and Retention Management System that helps driver recruiters convert leads, hire faster, build relationships, and be more productive. DriverReach provides a modern recruiting and compliance management system that improves speed-to-hire. A mobile-first DOT application experience feeds directly into a full-service ATS with email and text functionality, streamlining the process of qualifying drivers so companies can hire faster. DriverReach helps you tackle the driver shortage head-on and thrive in this environment.
Source: https://www.finsmes.com/2022/01/driverreach-raises-7-5m-in-series-a-funding.html