As the premier hiring experience solution more and more recruiters use to streamline the talent acquisition process, GoodTime is committed to saving companies time and money in their search for the best talent available.
By adding $9.5 million to its Series A funding, GoodTime secured the funding needed to bring new innovations forward in the second half of 2021.
Newest Funding Round Will Accelerate Innovation
Led by KTB Ventures, and with Smilegate and Atinum Investment as additional participants, this new round of funding will help GoodTime accelerate go-to-market growth. With the total round of funding now at $16.7 million, the company is poised to work with a wide range of innovative clients, including Box, Shopify, Patreon, Instacart, Slack, and Snap.
By working with these and many other clients, GoodTime continues to make it easier for talent acquisition leaders to locate and hire the best job candidates quickly and efficiently.
“GoodTime uses people data to always put the right people into each meeting, which is an absolute necessity for the future of work. Also, the caliber of customers that GoodTime works with, such as Dropbox, Box, Zoom, Slack, Pinterest, Stripe, Atlassian, Snapchat and more, impressed us as to how much this product is needed in the market.”— Hyesung Kim, Investment Manager, KTB Network
GoodTime Improves The Recruiting Process and Shifts Focus to Excellence
GoodTime offers hiring experience solutions that drastically cut down the time it takes to hire a qualified candidate, in many cases by as much as 50%. What’s more, GoodTime’s approach enables companies to save half a million dollars annually in hiring costs.
GoodTime’s solutions streamline the interviewing and hiring process by:
- Supporting talent acquisition leaders and hiring coordinators
- Streamlining the steps involved in the interview process
- Enabling candidates to self-schedule their appointments
- Automatically syncing recruiters’ and candidates’ availability
- Supporting a more meaningful interviewing experience
- Reducing the burdens associated with administrative tasks
- Increasing engagement with qualified candidates
- Shifting the hiring focus to quality and excellence
What’s more, GoodTime is the only HR tech solution with a means to measure and manage the diversity, equity and inclusion (DEI) process for scheduling interviews. Moving forward, DEI will continue to be an important focus for recruiters.
According to the company’s co-founder and CEO, Ahryun Moon, “GoodTime is the solution that enables companies to personalize the hiring process and improve each candidate’s experience.”
Who Benefits From GoodTime’s Ongoing Development
With this additional funding, GoodTime will be able to keep improving the recruiting process in key ways to further help companies benefit from this platform.
Hyesung Kim, Investment Manager at KTB Network, explains why GoodTime gets his vote of confidence, stating that, “We were excited about the prospect of creating a meeting platform where you have exactly the right people to discuss the right thing to move the needle.”
Kim added, “GoodTime uses people data to always put the right people into each meeting, which is an absolute necessity for the future of work. Also, the caliber of customers that GoodTime works with, such as Dropbox, Box, Zoom, Slack, Pinterest, Stripe, Atlassian, Snapchat and more, impressed us as to how much this product is needed in the market.”
So, the short answer is that with ongoing innovation by GoodTime, both sides benefit: the companies doing the recruiting and hiring, and the candidates searching for meaningful work that meets their interests and makes the best use of their skills.
In a startling statistic, about 63% of job candidates feel that employers don’t communicate adequately throughout the hiring process. Companies that are paying attention are making the shift to using an interviewing platform that empowers their recruiters and interviewers and elevates the hiring experience for everyone involved.
If your company is ready to improve the hiring process by providing your recruiters with better tools and support, significantly shortening the process of locating and hiring qualified candidates, and creating a better interviewing experience for candidates who are hired as well as for those who are declined, we’d like to talk with you.
Our demo shows you the power of GoodTime, which includes these features:
- Automated scheduling
- Hiring analytics and insights
- Interviewer training
- ATS integration
- DEI management
- Configurable workflows
- Matching interviewers to candidates