Fountain Raises $85 Million in Series C  

by Kay Aloha Villamor in November 8th, 2021

Fountain, a San Francisco, California-based world's leading all-in-one applicant tracking system for high volume hiring, raised $85 million in Series C financing. Fountain has now raised $119 million to date.

The round was led by SoftBank Vision Fund 2, with participation from B Capital Group and Mirae Asset Venture Investment, and existing investors DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital, and Uncork Capital. 

Fountain will use the new funding to continue to invest in innovation of its hiring platform, as well as to grow its sales and engineering teams and its operations and presence in EMEA and APAC regions.

Company: OnboardIQ, Inc.

Raised: $85.0M

Round: Series C

Funding Month: November 2021

Lead Investors: SoftBank Vision Fund 2

Additional Investors: B Capital Group, Mirae Asset Venture Investment, DCM, Origin Ventures, Commerce Ventures, SemperVirens Venture Capital, and Uncork Capital

Company Website: https://get.fountain.com/

Software Category: Talent platform

About the Company: Fountain's all-in-one high-volume hiring platform empowers the world's leading enterprises to find and hire the right people through smart, fast, and seamless recruiting. Candidates can apply anytime, anywhere in minutes, right from their phone. Automated and customizable processes streamline the candidate experience and save time for recruitment teams so they can scale with growing hiring needs. Advanced analytics provide end-to-end process visibility so managers can make swift, data-driven decisions. Throughout the candidate journey, the openly integrated platform enables companies to find, qualify and convert more applicants. Fountain's global customers hire over 2 million workers annually in 78 countries. Fountain’s now has more than 250 customers including Chipotle Mexican Grill, John Lewis & Partners and Just Eat Takeaway. 

Source: https://www.prnewswire.com/news-releases/fountain-raises-85-million-in-funding-to-help-companies-hire-hourly-workers-301416631.html

 


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