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Crosschq Receives New Round of Investment from Tiger Global and Rocketship

By HR Tech Outlook | Thursday, July 23, 2020

Crosschq brings efficiency, speed, transparency, accuracy, and accountability to the manual process of vetting new job candidates. The new investment took place as Crosschq crosses the 100 customer milestone with customers, including Dish, NBA, Snowflake, Upwork, NerdWallet, and Glassdoor, using the platform to improve recruiting and make better hires.

FREMONT, CA: Crosschq, pioneer of a new software category for the recruiting industry called Human Intelligence Hiring, declared a new round of financing led by Tigner Global Management and Rocketship.vc. This latest round comes immediately after a strategic financing from Slack and SAP.iO in June, which also included re-investment from GGV Capital and Bessemer Ventures.

"We are proud to be partnering with these two great firms as we enter the next phase of our growth. If we have learned anything from the last several months, it is that the future of work is ripe for disruption. Our use of human intelligence is becoming a foundational element of modern company building," said Mike Fitzsimmons, CEO of Crosschq.

Crosschq brings efficiency, speed, transparency, accuracy, and accountability to the manual process of vetting new job candidates. The new investment took place as Crosschq crosses the 100 customer milestone with customers, including Dish, NBA, Snowflake, Upwork, NerdWallet, and Glassdoor, using the platform to improve recruiting and make better hires.

"SAP strongly believes that the future of work is inclusive and diverse, and that starts with removing biases in the candidate experience. Crosschq will bring increased objectivity and consistency to the candidate reference checking process, thereby improving outcomes for both candidates and SAP customers," said Ram Jambunathan, SAP senior vice president at and managing director of SAP.iO.

Crosschq will use the capital to grow its team, expand partnerships, strengthen its core product, and focus on building additional data and analytics capabilities.

"The team at Rocketship got excited when we realized how insightful Crosschq's data is in predicting new hire success. Over time, this data-driven approach to hiring has the ability to fundamentally transform the $74B recruiting industry," added Anand Rajaraman, co-founder and partner Rocketship.vc and a pioneer in data science.

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