Modernloop, a San Mateo, California-based company that offers a recruiting tool that automates interview scheduling and training, announced that it raised $9 million in Series A funding.
The round was led by Accel, with participation from Webb Investment and Quiet Capital, as well as enterprise technology visionaries like Slack CEO Stewart Butterfield and Zoom CEO Eric Yuan.
The latest round of funding will enable Modernloop to make its first go-to-market hires in areas such as sales and marketing while continuing to invest in building the industry's best technical team.
Company: Modernloop, Inc.
Round: Series A
Funding Month: Aug 2022
Lead Investors: Accel
Additional Investors: Webb Investment, Quiet Capital, Stewart Butterfield, and Eric Yuan
Company Website: https://www.modernloop.io/
Software Category: Online Interview Scheduling
About the Company: Co-founded by Lydia Han and Christopher Triolo, Modernloop is a developer of an online interview scheduling platform intended to be the recruiting infrastructure that powers recruiting operations. The company's platform schedules interviews, resolves interview meeting conflicts, sends day-of reminders, and coordinates interviewers so that the company can deliver a quality candidate experience, enabling clients to automate and streamline recruiting operations and boost their productivity. Modernloop's mission is to help companies deliver the best candidate experience by automating and streamlining recruiting operations