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GoodTime nabs $9.5M for its AI-based hiring experience solution

The Series A extension was closed in 4Q of 2020

Yessi Bello-Perez

Technologist

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Photo by Joonyeop Baek on Unsplash

Unleash Your Diversity, Equity, and Inclusion GoodTime claims to reduce time-to-hire by as much as 50%, helping companies save up to $500,000 per year in talent acquisition costs.

San Francisco-based GoodTime, an AI-based interview scheduling, and hiring experience solution, has added $9.5 million to its Series A funding, bringing the total round to $16.7 million.

The new round was led by KTB Ventures and drew support from Smilegate and Atinum Investment. GoodTime, which claims to serve Shopify, Zoom, and Box, will use the cash to accelerate its go-to-market growth.

GoodTime claims to reduce time-to-hire by as much as 50%, helping companies save up to $500,000 per year in talent acquisition costs.

The company also enables customers to measure and manage the diversity, equity and inclusion (DE&I) process for interview scheduling.

Ahryun Moon, the co-founder and CEO, stated: “A meeting is a way for people to get together, collaborate with each other, and forge valuable relationships that last. GoodTime is the solution that enables companies to personalize the hiring process and improve each candidate’s experience.”

“We were excited about the prospect of creating a meeting platform where you have exactly the right people to discuss the right thing to move the needle. Meeting coordination has been unintelligent and focused on calendar tetrizing at best,” states Hyesung Kim, investment manager at KTB Network.

“GoodTime uses people data to always put the right people into each meeting which is an absolute necessity for the future of work. Also, the caliber of customers that GoodTime works with, such as Dropbox, Box, Zoom, Slack, Pinterest, Stripe, Atlassian, Snapchat, and more, impressed us as to how much this product is needed in the market,” the investor adds.

The Series A extension was closed in 4Q of 2020. This follows on from a $5 million Series A funding that closed in 4Q 2018 and the $2M Seed fund closed in 2017.

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