Cruit - Cruit announces a successful funding round led by Slingshot Ventures
Summary
Their investment will help us continue to innovate and improve our platform, making it even easier for companies to find the best candidates through employee and community referrals. With their amazing network and knowledge, we can accelerate our sales and product development.Cruit has already seen significant success, with many companies reporting improved hiring outcomes and increased employee engagement as a result of using the platform. Cruit centralizes, optimizes, and expands referral programs due to super high mobile-only engagement - with an enormous decrease in cost-per-hire as a result.Cruit helps employers tap into a vast pool of job seekers and significantly improve their hiring process by incentivizing employees and community members to refer qualified candidates.Cruit recently launched its Public app. By turning literally everyone with a network into a Cruiter, the platform allows for quicker, higher quality and better-retaining hires".Amsterdam-based Slingshot Ventures is a VC fund focused on investing in the future of digital consumer life, from pre-Seed up to Series A and beyond. The firm invests in the next generation of successful entrepreneurs, who are building companies with strong brands, happy customers and healthy margins.