Recruiting Brief

Talemetry Acquired by Leading Investment Firm, K1 Investment Management, as Part of USD $200M Deal to Transform Enterprise Recruitment

 Talemetry joins Jobvite, RolePoint, and Canvas to become the industry’s only end-to-end 
candidate-centric software platform

Talemetry, the leading enterprise recruitment marketing platform, announced that it, along with three of the recruitment industry’s most innovative companies, has been acquired in a USD $200M deal with K1 Investment Management, a leading U.S. investment firm focused on global high-growth enterprise companies. Talemetry joins Jobvite, an industry-leader in best-of-breed recruiting software, RolePoint, the first enterprise-ready employee referral platform, and Canvas, the industry’s only text-based conversational recruiting company. This new combination enables hiring teams, for the first time, to source, engage, hire, onboard, and retain top talent with one end-to-end platform.

“We are incredibly excited to join this group of companies, and are thrilled for what this means for our employees, our platform, and most of all, our customers,” said Jade Bourelle, CEO of Talemetry. “Not only will we continue to provide an outstanding enterprise recruitment marketing platform, but we can also realize our company's vision and potential at a larger scale, and increase our ability to enable global organizations to find, attract and nurture candidates across the talent journey.” Jade-Bourelle-CEO-Talemetryjpg

With the global shortage of talent as a top risk factor facing organizations today, hiring teams must continue to optimize their recruitment strategies, processes and technologies in order to navigate the complex hiring landscape. The strategic value of recruiting is growing rapidly, which is why Talemetry is focused on getting the right people to apply for the right jobs by delivering results-based recruiting strategies and extending the reach for talent.

Leading organizations depend on Talemetry to provide a solution that manages the marketing of their open jobs through all channels. Currently, Talemetry serves hundreds of clients, including Air Canada and seven of the Fortune 100, supporting nearly 10,000 users, managing 35 million annual career site visitors, with more than 550,000 jobs marketed annually. The company collaborates with major industry technology partners like Google Cloud Talent Solution, Indeed, and an entire partner ecosystem to provide companies with the latest integrated solutions, resources and technologies.

The merger of these companies, brings together 400+ employees, and more than 2,000 customers, including many enterprise companies within the Fortune 500. This newly announced merger accelerates the development and integration of customer offerings across each of the companies. Talemetry will continue to expand customer capabilities, service customers to the highest levels, and extend the reach of operations globally.

Dan Finnigan, Jobvite CEO, will lead the combined company. “Our focus is to help leading companies win top talent and build the best teams with an award-winning candidate experience,” said Finnigan. “K1 provides unparalleled SaaS expertise and vast resources that, in combination with Talemetry, Canvas, and RolePoint, will offer our combined customers the most comprehensive solutions, knowledge, and services available in the market.”

As a Vancouver-based tech company, Talemetry will continue to heavily invest in its teams based in Vancouver and Kitchener/Waterloo, with plans to grow by 40% in 2019. “We will continue to hire the very best and the brightest talent in our communities and invest in our combined organization for the future,” added Bourelle. “This really is an exciting time to be part of Talemetry.”