Sense raised a $16 million Series C round of venture capital for its candidate text app to engage candidates in recruiting. This brings its total raised to $40 million.
Will Sense be pivoting to a recruiting platform play? In its funding announcement a new board member gave the nod to a product roadmap targeting recruiting platforms.
I believe our investments in new products will allow Sense to go from a robust system of engagement to a truly distinctive network/platform play for the future.
Nishant Rao, Sense Board Member
That’s a bold statement for a tech provider offering an app that is dependent on integrating into the very platforms they plan to compete with. Integration and partnership is paramount for success in the recruiting tech market.
$2.7 billion was invested globally in work tech during 2021 Q1 alone. Get WorkTech’s free report and analysis here.
Source: Sense Secures $16 Million in New Funding to Drive Talent Acquisition as Labor Market Rebounds