Comments on: The “iTunes” of Recruiting Gets $5 Million

By: Ovation’s the Latest Low-Cost System for Managing Candidates - ERE.net

Ovation’s the Latest Low-Cost System for Managing Candidates - ERE.net — Mon, 23 Jul 2012 21:29:47 +0000

[...] in the genre of SmartRecruiters, the Resumator, and FindHire, comes Ovation. It’s a system for not only managing applicants, [...]

By: The Platform and Recruiting | SmartRecruiting

The Platform and Recruiting | SmartRecruiting — Wed, 08 Feb 2012 19:39:42 +0000

[...] and pick-and-choose options. Whether they’ve compiled like an application marketplace (think iTunes App Store for recruiting software), or by offering an open API, the various complicated processes run in recruiting and HR can find [...]

By: SmartRecruiters получила 5 млн долларов на разработку бесплатной программы для рекрутмента | Пульс кадровой индустрии

Sun, 29 Jan 2012 23:09:30 +0000

[...] компании: SmartRecruiters.comИспользованы материалы: ERE.netПоделиться ссылкой / В закладки! wpa2a.script_load(); : Новости : [...]

By: Exciting News: SmartRecruiters Series A | SmartRecruiting

Exciting News: SmartRecruiters Series A | SmartRecruiting — Tue, 24 Jan 2012 22:42:09 +0000

[...] The iTunes of Recruiting Gets $5 Million [...]

By: Gareth Jenkins

Gareth Jenkins — Mon, 23 Jan 2012 09:18:15 +0000

Ok, thanks for the clarification there Steven. Definitely an interesting business model. I do wonder if Lucas is right though, and whether that kind of model is indeed a long term way to good profits. However, that aside, this service has given access to robust recruiting technology to many who may otherwise still be using emails and spreadsheets, so it’s definitely great to see them moving it forwards again.

By: Steven Rothberg

Steven Rothberg — Mon, 23 Jan 2012 01:26:31 +0000

It isn’t a freemium model, Gareth. They give away the ATS software hoping that you’ll find it easier to buy related services through SmartRecruiters rather than directly from their partnerss.

For example, you can post jobs through the ATS to job boards like Monster, Careerbuilder, CollegeRecruiter.com, and others. The job boards pay SmartRecruiters a commission so the cost of the posting is the same to you and the ATS is free. The job board makes a little less per posting but likely sells a lot more postings.

By: lucas martinez

lucas martinez — Fri, 20 Jan 2012 01:53:49 +0000

This sounds very good but these guys are certainly not profitable and I believe wont be for a long time. They don’t charge recruitment services, don’t make money out of advertising because of they b2b model and their ATS is free and clearly aimed to small enterprises. Correct me if I’m wrong but additional services won’t give enough cash (just saw the video) to keep their shareholders happy… Anyway, I’m sure they will be smart enough to come up with something! Good luck to them

By: Does SmartRecruiters Funding Point to the Future of the ATS?

Does SmartRecruiters Funding Point to the Future of the ATS? — Thu, 19 Jan 2012 15:57:49 +0000

[...] Leveraging a cloud platform, customers are able to improve the recruiting experience by purchasing third-party recruiting services – everything from job posting to RPO to video interviewing. Think iTunes for recruiting. [...]

By: Gareth Jenkins

Gareth Jenkins — Thu, 19 Jan 2012 15:47:33 +0000

I’ve always been very impressed by what Jerome and his team have created here. However I’m not convinced that this doesn’t qualify as a Freemium business model, since to my understanding they make their money from charged value-add extra features which to me would just qualify as a more complex take on a usual basic/premium model. Great to see them getting further recognition and investment nevertheless though!

By: Steven Rothberg

Steven Rothberg — Thu, 19 Jan 2012 14:51:15 +0000

We’re very happy with our partnership with SmartRecruiters. They’re excellent communicators and very long-term focused.