Venture Capital
The news: Seattle-area startup SeekOut just landed an additional $115 million to propel its valuation past $1 billion, earning it the coveted unicorn label. The tech: SeekOut’s software is used by more than 1,000 companies such as UiPath and Experian to help with recruiting. It pulls data on more than 700 million potential candidates from a myriad of sources, including GitHub and published papers. The software also features built-in diversity filters at a time when companies are looking to accelerate DEI efforts. The global HR and recruitment market is expected to reach $772 billion this year.