Paradox Raises $ 200 Million in Series C Funding

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Paradox, a Scottsdale, Arizona-based conversational recruiting platform designed to give every recruiter, hiring manager and talent professional an assistant to get the job done, has raised $ 200 million in Series C funding.

The round was led by Stripes, Sapphire and Thoma Bravo, with participation from Workday Ventures, Indeed, Willoughby Capital, Twilio Ventures, Blue Cloud Ventures, Geodesic, Principia Growth, DLA Piper Venture Fund and current investor Brighton Park Capital. Paul Melchiorre, an operational partner at Stripes, will join the Paradox board of directors.

The investment now values ​​the company at $ 1.5 billion.

Paradox’s vision is embodied by Olivia, the conversational AI assistant who helps companies like Unilever, Nestlé, McDonald’s, CVS Health and General Motors automate tasks like candidate selection, interview scheduling, integration and more with smart, simple, mobile-centric experiences. In just five years, Olivia has helped over 500 clients worldwide save millions of hours of manual labor, freeing up their teams to spend time with people, not software.

Led by Founder and CEO Aaron Matos, Paradox is building a conversational recruiting software platform to drive automation with a human touch. Serving global clients with hiring needs in high-volume, highly skilled professional roles, the company’s conversational assistant, Olivia, does the job that talent teams don’t have time for – streamlining tasks such as selection, interview scheduling and more through mobile interactions first.

In five years, the startup has served employers like Unilever, McDonald’s, CVS Health, Lowe’s, General Motors, and Shaker Recruitment Marketing. The company also acquired Traitify, a personality assessment company, in August 2021.

Based in Scottsdale with offices in Chicago, Baltimore, Tel Aviv, Singapore, and Vietnam, Paradox recruits numerous roles across all parts of the organization, with a focus on Customer Success, Sales, Implementations, product management and product technical roles, talent, marketing, engineering, and more.

FinSME

12/27/2021

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