What is Yello?
Founded in 2008, Yello operates a comprehensive recruitment platform designed to streamline and manage the entire recruiting process for enterprises. Headquartered in Chicago, Illinois, the company offers solutions that assist businesses in optimizing their hiring workflows, from candidate sourcing and engagement to interview scheduling and offer management. Yello's platform aims to enhance efficiency and improve the candidate experience within the competitive HR technology landscape.
How much funding has Yello raised?
Yello has raised a total of $61.2M across 4 funding rounds:
Series A
$6M
Series B
$9.2M
Series C
$31M
Debt
$15M
Series A (2014): $6M with participation from First Analysis and Generations Capital
Series B (2016): $9.2M led by Argentum and First Analysis
Series C (2017): $31M supported by JMI Equity and First Analysis Corporation
Debt (2020): $15M featuring CIBC
Key Investors in Yello
Argentum
Argentum is a New York-based growth equity firm that specializes in scaling B2B software and technology-enabled services companies, typically investing in businesses with revenues between $5 million and $25 million to accelerate growth.
First Analysis
First Analysis Securities is a venture capital firm that provides private equity investments across various sectors including health care, software, and technology, alongside investment banking and trading support services.
JMI Equity
JMI Equity, founded in 1992 and based in Baltimore, Maryland, is a growth equity firm with a dedicated focus on investing in leading software companies.
What's next for Yello?
The recent major strategic investment, coupled with substantial prior enterprise-level funding, positions Yello for accelerated expansion and product development. This infusion of capital is likely to fuel further innovation in its recruitment technology offerings, potentially targeting new market segments or enhancing existing features to address evolving employer needs. The company's trajectory suggests a focus on solidifying its market leadership and exploring strategic partnerships to broaden its reach and impact within the global talent acquisition ecosystem.
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