ERIN, a Pittsburgh, PA-based employee referral platform powered by Smart Referral AI to supercharge recruitment at your business, announced that it closed $5 million in funding.
Reformation Partners led the round, with participation from BlueTree VC, Grouse Ridge Capital, Yoshimi Iyadomi, and existing investor LabCo NYC.
The company intends to use the funds to expand its business reach, drive innovative new features, and continue to provide support to its customers.
“Growth over the last year has been incredible. ERIN is now the employee referral platform for over 1.5 million employees in 100 countries,” said Mike Stafiej, CEO. “This round of funding will allow us to keep up with market demand, drive innovative new features, and continue to provide world-class support to our customers.”
ERIN offers an advanced feature set that allows customers to completely automate employee referrals from the point of referral through bonus payment. The mobile app is packed with gamification and tracking features that keep employees active with their company’s talent acquisition initiatives, driving more referrals overall and significantly increasing the number of converted referral hires.
Company: ERIN Technologies, Inc.
Raised: $5.0M
Round: Unknown
Funding Month: October 2022
Lead Investors: Reformation Partners
Additional Investors: BlueTree VC, Grouse Ridge Capital, Yoshimi Iyadomi, and LabCo NYC
Company Website: https://erinapp.com/
Software Category: Employee Referral platform
About the Company: Founded in 2018, ERIN (Employee Referral Invitation Network) is an employee referral platform that supports millions of employees making referrals in over 100 different countries. ERIN’s platform enables businesses to automate employee referrals and provides an engaging experience, allowing employees to make referrals in less than 30 seconds using the mobile app or web browser. Its platform will enable employees to see who in their network would be a good fit for open positions, helping businesses recruit higher-quality employees that stay at their business longer in a fraction of the time compared to traditional recruitment. Its mission is to empower employees to help their company, friends, and themselves achieve their employment goals.
Source: https://www.prweb.com/releases/erin_announces_5m_funding_round_to_expand_use_of_its_employee_referral_recruiting_platform_in_enterprises/prweb18937688.htm