TopFunnel is an AI-powered recruiting startup, recently announced the acquisition of Teamable, an employee referral platform that transforms social networks into high-quality performance talent pools. This acquisition will offer an end-to-end sourcing platform and supercharge referral-based recruiting.
Justin Palmer, founder, and CEO of TopFunnel said: “We’ve long admired what Teamable has made possible for employee-based recruiting. And in talking with the team, it was immediately clear that we share an aligned worldview when it comes to taking the work out of recruiting so that companies can focus on building great products and strong teams. Teamable’s technology is complementary, enhances our ability to deliver on our promise to customers, so we’re excited to join forces to take our platform to the next level.”
The combination of both of the platforms from TopFunnel and Teamable will help deliver enhanced recruiting recommendations, and each product will also continue to be available on a separate basis. The artificial intelligence (AI)-driven approach of TopFunnel can automate the recruiting process and help find the right candidates for the right roles and send them the right message. The same goes for Teamable’s referral software that collects employees’ contacts from their social and professional networks to provide a group of potential candidates to recruiters.
According to Meruzh Danielyan, the founder of Teamable and the new COO of TopFunnel, “As joined forces, we can offer solutions that no one else can offer in the market. Teamable will continue its mission of connecting people to work they love. Now we can extend beyond referrals and helping companies manage everything from outbound efforts to inbounds and scheduling. Moreover, our professional services team will be able to help with planning, sourcing, and even candidate screening if necessary. We couldn’t be more thrilled.”