SEP provides $56 mln to Criteria Corp

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LOS ANGELES–(BUSINESS WIRE)–Criteria Corp, a market leading SaaS based employment analytics platform, today announced that Sumeru Equity Partners (SEP) has made a $56 million strategic investment to accelerate product innovation and growth. “Criteria’s offerings fundamentally shape the most critical element of any company or organization by using proven employment analytics to help identify, hire, and develop talent. “Criteria’s offerings fundamentally shape the most critical element of any company or organization by using proven employment analytics to help identify, hire, and develop talent. “Companies like Criteria with strong product and domain expertise are attractive investments for us and we are excited about partnering with the founders and management team to help write the next chapter of growth.” Sumeru Equity Partners utilizes extensive operating and investment experience in partnership with management teams to drive company growth and build strategic value.

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