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


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