Managing director Mike Krupka led the funding on behalf of Bain and will join Hireology’s board of directors as part of the deal.
Hireology uses proprietary data and predictive analytics to guide managers in hiring new recruits using tools such as skills tests, personality assessments and background screening.
The cash from the investment round will be used to bring in more clients for the company and to develop its proprietary analytics and technology.
Krupka said, “In just a few years, Hireology has grown from a promising start-up into a major player in the HR technology field, providing easy-to-use talent management technology to organizations that previously did everything manually.”
Bain Capital Ventures invests in technology and technology-driven companies across all stages of development and has significant experience in HR application companies including Liazon, LinkedIn, SurveyMonkey and Taleo.
The venture capital giant led a $5m Series A funding round for manicure startup Manicube in April this year.
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