Airec - About the company
Airec is a deadpooled company based in Malmo (Sweden), founded in 2005. It operates as a Cloud-based platform for applicant tracking. Airec has raised $7.1M in funding from Innogy Venture Capital. The company has 8435 active competitors, including 348 funded and 305 that have exited. Its top competitors include companies like LinkedIn, Jobandtalent and Glassdoor.
Company Details
Cloud-based platform for applicant tracking. The platform provides a recruitment tool to help organizations make informed hiring decisions. It allows users to monitor, compare, and analyze the recruitment process. It utilizes artificial intelligence and machine learning to automate manual processes, create talent pipelines, and streamline recruitment cycles.
Key Metrics
Founded Year
2005
Location
Malmo, Sweden
Stage
Deadpooled
Total Funding
$7.1M in 4 rounds
Latest Funding Round
Investors
Ranked
760th among 8435 active competitors
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Airec's funding and investors
Airec has raised a total funding of $7.1M over 4 rounds. Its first funding round was on Mar 17, 2011. Its latest funding round was a Series A round on Mar 21, 2019 for $*****. 1 investor participated in its latest round. Airec has 5 institutional investors.
Here is the list of recent funding rounds of Airec:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 21, 2019 | 2975055 | Series A | 9349703 | 5556813 | 4242249 | 3134577 |
Dec 31, 2017 | 7379045 | Grant (prize money) | 4649054 | 3063911 | 5061256 | |
Jan 29, 2015 | 2949111 | Series A | 5518018 | 4260037 | 7020095 |
View details of Airec's funding rounds and investors
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Airec's Competitors and alternates
Top competitors of Airec include LinkedIn, Jobandtalent and Glassdoor. Here is the list of Top 10 competitors of Airec, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | LinkedIn 2002, Sunnyvale (United States), Acquired | Network of resources for professional networking, job searching, and skill development | $144M | 87/100 | |
2nd | Jobandtalent 2008, Madrid (Spain), Series F | Provider of an AI-powered platform connecting companies with frontline workers | $1B | 79/100 | |
3rd | Glassdoor 2007, San Francisco (United States), Acquired | Anonymous employee reviews and job search portal | $202M | 77/100 | |
4th | Provider of AI‑powered professional networking and job search platform | $194M | 76/100 | ||
5th | Indeed 2004, Austin (United States), Acqui-Hired | Online job board platform for the multi industry | $5M | 76/100 | |
6th | Job Board in Europe | $22M | 76/100 | ||
7th | SmartRecruiters 2010, San Francisco (United States), Acquired | Cloud-based ATS and Hiring Platform | $225M | 74/100 | |
8th | Greenhouse 2012, New York City (United States), Acquired | Provider of a platform for applicant tracking and talent acquisition | $110M | 74/100 | |
9th | Fountain 2014, San Francisco (United States), Acquired | Provider of a platform for streamlining and automating high volume hiring | $185M | 73/100 | |
10th | Social recruiting platform for professionals | - | 72/100 | ||
760th | Cloud-based platform for applicant tracking | $7.1M | 30/100 |
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Airec's Investments and acquisitions
Airec has made no investments or acquisitions yet.
Reports related to Airec
Here is the latest report on Airec's sector:
News related to Airec
•
Innogy finds exit hatch at AirecGlobal Corporate Venturing•Mar 21, 2019•innogy.ventures, airec.in, Airec, Innogy Venture Capital
•
Alfa Laval Acquires Technology to Further Drive Sustainable Energy SolutionsPR Newswire•Dec 18, 2018•Alfa Laval, Airec, Airec
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