Qimple Raises $1.1 Million in Seed Funding
MONCTON – Moncton startup Qimple announced Thursday that they raised $1.1 million in seed funding.
Led by the New Brunswick Innovation Foundation (NBIF) and with participation from Green Century Investment, this round brings the company’s total funding to $1.6 million. The company, whose software aims to humanize online hiring by improving the way employers and job seekers interact, will use the funds to grow its team and further developing its platform.
One of the new developments will be the world’s first Resume Snapshot tool in an applicant tracking system.
“We know that hiring great people comes with its set of challenges, especially lack of time and resources to truly see if candidates are a great fit. The Resume Snapshot tool presents consistent information for all applicants with the most advanced resume parsing technology,” said Qimple co-founder and CEO Yves Boudreau, in a release. “Hiring managers are now able to consume more information in a shorter period of time, and the playing field is leveled out for job seekers.”
Qimple is approaching $1 million in revenue since company inception and has doubled its team to 12 people in the past three months. The product launched in 2015 as a quick and simple hiring solution.
“Our platform boosts job-seeker self-esteem and we’re proud to say that we receive daily positive feedback from job seekers on how rewarding and empowering the application experience is for them,” Boudreau said. “Job seekers who are upbeat and optimistic perform better in interviews, are more likely to receive offers, and enter jobs ready to help their teams succeed. We’re proud of the role we play in that.”