untapt

untapt
Founded Ed Donner, Geoff Massam, Max Kantelia
Headquarters New York, U.S.A.
Key people
Ed Donner, Co-founder and CEO[1]
Geoff Massam, Co-founder
Max Kantelia, Co-founder
Services FinTech Recruiting
Website www.untapt.com

untapt is a global recruiting platform[2] that automates the hiring process in the FinTech and financial services industry.[3] It uses an algorithm to match candidates with companies looking for employees.[4] untapt focuses on sourcing technology employees for banks, consulting firms, FinTech startups, and hedge funds.[5] In February 2015, the company became the first automated recruiting platform for FinTech after it officially launched from a successful beta.[6]

untapt was founded by Ed Donner, Geoff Massam, and Max Kantelia. Donner is a former managing director at JP Morgan, Massam is a former CIO at Deutsche Bank, and Kantelia is an entrepreneur in recruitment and FinTech.[5] The company was founded to automate the recruiting process to reduce the cost for companies looking to hire tech employees.[5] Candidates sign up on the site for free and employers post as many jobs as they want for free. Employers are only charged after they successfully hire a candidate.[5]

untapt uses a proprietary algorithm to match employers with candidates and then connects them directly.[4] The algorithm analyzes factors that include skills, experience and education to match candidates.[4] In April 2015, untapt obtained $3 million in funding from Series A Preferred Stock financing which was led by Tsai Capital.[7][8]

References

  1. Fallon, Nicole (27 March 2015). "The Best Answers to 6 Common Job Interview Questions". Business News Daily. Retrieved 12 April 2015.
  2. Davies, Anna (16 March 2015). "The hiring process is longer than ever - here's how to survive". The New York Post. Retrieved 27 April 2015.
  3. Calvey, Mark (24 February 2015). "Trulia layoffs trigger talent hunt by Bay Area tech employers". San Francisco Business Journals. Retrieved 12 April 2015.
  4. 1 2 3 Finberg, Ron (11 February 2015). "Fintech Hiring Gets Algorithmic with Launch of Untapt’s Automated Jobs Boar". Finance Magnates. Retrieved 12 April 2015.
  5. 1 2 3 4 Probasco, Jim (25 February 2015). "Untapt CEO Wants To Fully Automate Fintech Job Placement". Benzinga via Yahoo! Finance. Retrieved 12 April 2015.
  6. "Fintech veterans launch tech recruitment platform". Fin Extra. 10 February 2015. Retrieved 12 April 2015.
  7. "Untapt Closes $3M In Series A Financing". FinSMEs. 21 April 2015. Retrieved 22 April 2015.
  8. Primack, Dan (22 April 2015). "Term Sheet -- Wednesday, April 22". Fortune Magazine. Retrieved 27 April 2015.

External links


This article is issued from Wikipedia - version of the Thursday, June 11, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.