What is Criteria?
Founded in 2006 and headquartered in West Hollywood, California, Criteria Corporation specializes in providing comprehensive web-based pre-employment testing solutions. The company's platform offers a suite of assessments, including employment aptitude tests, employment personality tests, and basic skills tests, designed to help organizations make more informed hiring decisions. Criteria's focus on data-driven insights and efficient candidate evaluation positions it as a key player in the human resources technology market, supporting businesses in optimizing their recruitment processes.
How much funding has Criteria raised?
Criteria has raised a total of $64.3M across 2 funding rounds:
Private Equity
$8.3M
Unspecified
$56M
Private Equity (2015): $8.3M, investors not publicly disclosed
Unspecified (2019): $56M led by Sumeru
Key Investors in Criteria
Sumeru
Sumeru Equity Partners is a technology-focused growth capital firm that invests in companies across software, technology-enabled services, and hardware, typically investing $25-200 million per transaction. They have a longstanding history of investing and partnering with founders and management teams to build growth leaders.
What's next for Criteria?
The recent major strategic investment signals a new phase of expansion and development for Criteria Corporation. This capital infusion is likely to fuel advancements in its assessment technology, broaden its market reach, and enhance its service offerings. As Criteria continues to scale, it is poised to further solidify its leadership in the pre-employment testing industry, potentially exploring new verticals or deepening its existing market penetration through strategic partnerships and product innovation. The company's trajectory suggests a strong emphasis on leveraging technology to address evolving hiring challenges.
See full Criteria company page
