Employment tech startup Shortlist lands USD 1 M for seed round
Founder: Simon Desjardins, Paul Breloff and Matt Schnuck
Founded in: 2016
Financing status: USD 1 million for seed round in 2017
Mumbai-based online talent recruitment startup Shortlist has secured USD 1 million in a seed funding round from the US-based University Ventures and Indian angel investor Samir Shah of Sattva Capital.
Early-stage fund Zephyr Acorn, Stanford alumni-backed Farm Ventures, and the US-based Bodley Group also participated in the round.
Shortlist was founded in 2016 by Simon Desjardins, Paul Breloff, and Matt Schnuck in India and Kenya. Breloff, a Yale alumni, previously founded Accion Venture Lab, a global nonprofit organization. Desjardins, a London Business School alumni, was the portfolio director of Shell Foundation, an independent charity established by the Shell Group. Earlier, Schnuck founded HowToMedia Inc., an education technology company that creates and publishes educational websites.
Shortlist is an India and Africa-focused online talent management and recruitment startup. It operates in India and East Africa to help growing enterprises hire talent based on skills and potential. The Shortlist platform screens candidates using chatbot-based interviews on location, salary and experience, as well as online competency-based assessments. It specializes in early and mid-career roles, including analytics and research, marketing, business development, and more. It claims to have over 80 employers on its platform including companies like Ather Energy, M-KOPA, MicroEnsure, and Xynteo. The startup has offices in Mumbai, Hyderabad, Nairobi, and Palo Alto.
Shortlist will use the newly raised capital to enhance its data-driven talent screening product.
Other players in the recruitment area in India include Belong.co, Naukri.com and Shine.com.
(Top photo from Shortlist website)