Whether you’re looking for a new job or trying to hire new talent, everyone is a bit frustrated these days. Workers are burnt out and companies need to fill roles that are critical for their operations. Finding the right candidates is a perennial issue that has become even more pressing as businesses try to recover from the pandemic.
Exacerbating the problem is the so-called Great Resignation. According to polling from Gallup, around half of all workers are at least contemplating looking for a new job, a trend that speaks to an underlying dissatisfaction with the status quo as people reevaluate their priorities and personal goals.
Amid these dynamics, San Francisco HR platform Crosschq is trying to help businesses find and retain their best workers with a suite of cloud-based tools that leverage machine learning and AI systems for everything from reference checks to recruitment. The 3-year-old startup also offers analytics to predict retention rates to get an overview of patterns and how to change them.
Its mission has been aided by a recent expanded $30 million Series A round led by Tiger Global that brought its total funding to more the $40 million. Other investors include GGV Capital, Bessemer, SAP.iO, Rocketship.vc, NBA star Klay Thompson and Lattice CEO Jack Altman.