Hunt Club, a recruiting startup for hiring senior talent with the help of AI has just scored a $40 million Series B round co-led by WestCap and Sator Grove.
The investment round follows Hunt Club’s $10 million Series A financing in October 2021, and will fuel the company’s national expansion, technology platform enhancements, and broaden its community of over 20,000 business and leaders who help connect the most innovative companies to the world’s top candidates.
How does it work?
Hunt Club scans its in-house database of over 7 million job seekers for matches when a company launches a candidate search on the platform. It then identifies contacts in the company’s network who know the best-fit candidates. To put opportunities in front of 80 to 100 potential employees, the company’s matching algorithm analyses data points on people and companies.
“We’re reimagining the entire talent process. Top talent leaders are not only hard to find, but they are hard to reach – and traditional recruiting firms aren’t equipped to innovate for their customers,” said Nick Cromydas, Co-Founder and CEO of Hunt Club. “Our technology is bridging that gap, introducing a personalized approach to helping companies change the way they approach talent acquisition.”
Nick Cromydas is the Co-Founder and CEO of Hunt Club. Prior to Hunt Club, Nick founded New Coast Ventures, a Venture studio that started or invested in over 40+ early-stage startups (4 unicorns) with material exits to companies like goPuff, Compass, and more. Nick is a Forbes 30 Under 30 award winner, multiple Inc 5000 lists recipient, and deeply passionate about starting and growing new companies. More co-founders include Sami Ahmed, Nick Cromydas (CEO), Scott Kaycn (CTO) and also Stephanie Tysdal as COO.
Hunt Club also partnered with WestCap, a premier growth equity firm led by a team that has founded, invested in, and operated tech-enabled marketplaces such as Airbnb for over 20 years. The company also announced that Brian Reinken, Partner at WestCap, has joined the company’s board. As one of the founders of Egon Zehnder in the United States, Reinken’s vast experience partnering with founders, CEOs and boards offers Hunt Club an unparalleled perspective on how to connect its network with the fastest-growing companies and investment firms to place world-class talent.
“In recruiting, relationships are everything,” said Brian Reinken, Partner at WestCap. “Hunt Club is reimagining the recruiting industry by leveraging technology to tap into the power of trusted personal relationships at a time when the search for candidates is more competitive than ever. Hunt Club’s approach seamlessly blends people, technology and networks to redefine how companies find hard to reach talent.”