About BrightHire
BrightHire provides an interview intelligence platform that records and transcribes interviews to enhance the hiring process. The platform offers tools for training interviewers, promoting fair hiring practices, and improving the candidate experience. It caters to a wide range of clients, from small businesses to large enterprises, and operates on a subscription model with various service tiers. These tiers may include basic features like recording and transcription, as well as advanced analytics and coaching tools. BrightHire differentiates itself by streamlining the interview process and delivering actionable insights, enabling organizations to fill positions more quickly and make informed hiring decisions.
New York City, New YorkHeadquarters
2019Year Founded
$35MTotal Funding
SERIES_BCompany Stage
Data & Analytics, ConsultingIndustries
11-50Employees
Risks
Increased competition from established players like HireVue threatens BrightHire's market share.
Rapid AI advancements in recruitment may outpace BrightHire's current technology offerings.
Economic downturns could impact BrightHire's subscription-based revenue model due to reduced hiring budgets.
Differentiation
BrightHire offers a unique interview intelligence platform with recording and transcription features.
The platform enhances equitable hiring practices through advanced bias detection technology.
BrightHire provides actionable insights for recruiters, improving hiring efficiency and candidate experience.
Upsides
Recent $20.5M Series B funding supports accelerated growth and platform enhancement.
Integration with AI-driven sentiment analysis tools improves real-time feedback on candidate emotions.
Growing demand for virtual interview platforms positions BrightHire well in the remote work era.
Funding
Total raised$35.02 M
Latest valuation$102.50 M
StageSERIES_B
SERIES B
9/30/2021$20
$102.50 M