Restless Bandit
You already have great candidates in your talent universe, hiding in plain sight. Often they’ve applied to your company previously—up to 40% of them have submitted their resumes before—and you may even have hired some of them. Candidates who’ve applied to your company before are up to 14 times more likely to respond to you than new candidates you reach out to cold. Restless Bandit uses complex Talent Rediscovery algorithms and artificial intelligence to continually search the resumes you already have—automatically and proactively matching them to the positions you’re hiring for now—and sends you emails to alert you of current matches. So you only spend the time and money to recruit those candidates once. Even with older resumes, we’ve got you covered—we’ll search for each candidate’s latest social profile data and continually update their resume in your database. So your in-house resume pool isn’t decaying, it’s a living resource—and you always have the most current information, and can tap the best-matched latent candidates in your talent universe. See how Restless Bandit can save you time and money with Talent Rediscovery: https://www.restlessbandit.com
Restless Bandit
You already have great candidates in your talent universe, hiding in plain sight. Often they’ve applied to your company previously—up to 40% of them have submitted their resumes before—and you may even have hired some of them. Candidates who’ve applied to your company before are up to 14 times more likely to respond to you than new candidates you reach out to cold. Restless Bandit uses complex Talent Rediscovery algorithms and artificial intelligence to continually search the resumes you already have—automatically and proactively matching them to the positions you’re hiring for now—and sends you emails to alert you of current matches. So you only spend the time and money to recruit those candidates once. Even with older resumes, we’ve got you covered—we’ll search for each candidate’s latest social profile data and continually update their resume in your database. So your in-house resume pool isn’t decaying, it’s a living resource—and you always have the most current information, and can tap the best-matched latent candidates in your talent universe. See how Restless Bandit can save you time and money with Talent Rediscovery: https://www.restlessbandit.com
TL;DR
What they do: Talent rediscovery platform that uses AI/statistical models to resurface and re-engage past applicants from employers' resume databases
Headquarters: San Francisco, California, United States
Founders: Steve Goodman and Anton Dam
Funding (reported): Approximately $10M total (including an $8M Series A in Oct 2016)
Company Overview
Problem Domain
Recruiting / HR technology — candidate rediscovery and workforce analytics
Founded
2014
Industry
Recruiting / HR Tech
Funding Track Record
$8,000,000.00
Reported Series A financing
$2,000,000.00
Reported prior seed funding bringing reported total to approximately $10M
Investor Signal
“Investors include GGV Capital and Toba Capital”