20 Fast-Growing Recruiting Companies & Startups
This list includes the fastest growing startups in the recruitment space.
In 2023, the global recruiting and staffing industry was valued at $515.8 billion. This figure is expected to grow to 590.9 billion by 2030 at a 9.6% CAGR.
And with advances in AI recruitment tools and the growth of the gig economy, recruiters and staffing agencies are finding new ways to fill open positions and recruit talent more efficiently.
With that, here’s our list of 20 recruiting startups worth keeping an eye on in 2024 and beyond.
1. TestGorilla
5-year search growth: 9,400%
Search growth status: Exploding
Year founded: 2018
Location: Amsterdam, The Netherlands
Funding: $81.2M (Series A)
What they do: TestGorilla takes a unique approach to recruiting by providing HR teams with pre-employment tests that assess a candidate's skills and job fit. Currently, the TestGorilla library offers more than 400 tests for personality, cognitive ability, and job-specific skill assessment. The company has more than 10,400 customers, including Sony, PepsiCo, Revolut, Oracle, and H&M.
2. Eightfold.ai
5-year search growth: 8,700%
Search growth status: Regular
Year founded: 2015
Location: Santa Clara, California
Funding: $424M (Series E)
What they do: Eightfold uses AI to help organizations find and recruit talent and increase employee retention through relevant training. The startup's Talent Intelligence Platform can accurately analyze candidate profiles, provide personalized hiring recommendations, and match employees with open internal company projects based on their skills and preferences.
In 2023, Eightfold was included in the Forbes AI 50, a list of the top 50 startups in artificial intelligence.
3. Gigpro
5-year search growth: 8,100%
Search growth status: Regular
Year founded: 2019
Location: Charleston, South Carolina
Funding: $5.3M (Undisclosed)
What they do: Gigpro is an on-demand gig economy platform that helps hospitality businesses recruit independent contractors for short-term and long-term jobs. The platform is available in 25+ US cities, including Austin, Atlanta, Chicago, Charleston, etc. More than 1,500 businesses are using Gigpro and over 150,000 shifts have been filled using the platform.
4. HireEZ
5-year search growth: 6,200%
Search growth status: Regular
Year founded: 2015
Location: Mountain View, California
Funding: $45.5M (Series B)
What they do: HireEZ is a GPT-powered recruitment CRM with a talent pipeline of over 800 million candidates. The company collects candidate data from 45 open web platforms, including LinkedIn, GitHub, Angel List, Stack Overflow, Kaggle, etc.
HireEZ’s AI can craft outreach messages, build automated multi-channel campaigns, and provide applicant match insights to improve recruiter workflows. According to Steven Jiang, the company's co-founder and CEO, they support 600+ enterprise clients and 175,000+ total users.
5. iMocha
5-year search growth: 400%
Search growth status: Regular
Year founded: 2015
Location: Claymont, Delaware
Funding: $14.7M (Series A)
What they do: iMocha is an AI-powered skills assessment startup used by companies to hire new candidates and train existing employees. Unlike most assessment platforms, iMocha uses automated video proctoring to prevent cheating by recording candidates' screen feeds. In 2024, the startup has more than 500 enterprise customers including Vanguard, Microsoft, and Deloitte.
6. RepVue
5-year search growth: 5,300%
Search growth status: Regular
Year founded: 2018
Location: Chapel Hill, North Carolina
Funding: $6M (Seed)
What they do: RepVue is a sales organization database where professionals can look up company ratings, open positions, and salary data. Employers can create a company profile with open sales job listings, employee testimonials, and company benefits to attract top-performing reps. Each company gets a “RepVue Score” based on various category ratings to indicate the likelihood of quota attainment for a new hire.
RepVue generates revenue by selling services to employers for recruiting, talent acquisition, and competitive benchmarking. They also sell data to hedge funds, private equity firms, and other financial entities that want to understand how sales teams are run for potential investment opportunities.
7. Teamtailor
5-year search growth: 340%
Search growth status: Exploding
Year founded: 2012
Location: Stockholm, Sweden
Funding: $15.9M (Undisclosed)
What they do: Teamtailor is a recruitment software that helps companies find and manage candidates in one place. Key Teamtailor features include a branded career site builder, CRM, applicant tracking system, and analytics dashboard. Over 125,000 recruiters and 8,500 companies have used the platform to make 845,000 successful hires.
8. SignalHire
5-year search growth: 957%
Search growth status: Exploding
Year founded: 2011
Location: Warsaw, Poland
Funding: Bootstrapped
What they do: SignalHire is a cloud-based recruiting software offering hiring analytics and benchmarking for HR departments and recruiting agencies. The company's database includes 400+ million candidates and 8+ million companies in 200 industries. All information in candidate profiles on SignalHire comes from publicly available web data on platforms like LinkedIn, Facebook, etc.
9. Workable
5-year search growth: 14%
Search growth status: Regular
Year founded: 2012
Location: Boston, Massachusetts
Funding: $84.2M (Series C)
What they do: Workable is an HR and recruiting platform where businesses can find, assess, and hire new candidates. Users get access to a suite of tools for candidate sourcing, screening processes, interview scheduling, automating candidate follow-ups, and making data-driven candidate decisions.
Since its inception, over 27,000 organizations have hired 1.5 million candidates using the Workable platform.
10. Flexiple
5-year search growth: 36%
Search growth status: Regular
Year founded: 2016
Location: Delaware, Ohio
Funding: Undisclosed
What they do: Flexiple is a gig economy recruitment platform for companies looking to hire top-rated designers and developers. Unlike other job marketplaces, Flexiple requires freelancers to complete an initial screening and live coding test to provide companies with the best talent. The company has generated $6 million in talent payments for over 100,000 vetted engineers.
11. HackerRank
5-year search growth: 30%
Search growth status: Regular
Year founded: 2009
Location: Mountain View, California
Funding: $102.9M (Series D)
What they do: HackerRank is a recruiting tool for tech companies looking to hire talented developers. Companies can use the platform to post coding challenges, create customizable hiring assessments, and conduct technical interviews for open engineering roles. Over 2,500 companies use the platform to hire from a talent pool of 24 million developers.
12. Disprz
5-year search growth: 9,500%
Search growth status: Exploding
Year founded: 2014
Location: Chennai, India
Funding: $52.4M (Series C)
What they do: Disprz is an AI-driven learning platform for new hires and existing employees. With Disprz, recruiters and HR departments can reduce employee churn and new hires costs by creating an effective onboarding process. Unlike other company learning platforms, Disprz offers more personalized learning experiences that can be used to onboard, upskill, and train new employees. Currently, the startup supports over 300 customers and 3 million total users.
13. Askable
5-year search growth: 378%
Search growth status: Exploding
Year founded: 2016
Location: Brisbane, Australia
Funding: Bootstrapped
What they do: Recruiting can be used in various industries besides sourcing and hiring a candidate for a vacant job. Askable is a recruiting platform for researchers in need of market research participants. The platform provides access to over 130,000 participants for users to choose from, including face-to-face interviews, remote interviews, digital surveys, and more.
In 2023, Askable reached 500 total customers and $3.1 million in revenue.
14. Recruit CRM
5-year search growth: 250%
Search growth status: Peaked
Year founded: 2016
Location: Norwood, New Jersey
Funding: Undisclosed
What they do: Recruit CRM is an applicant tracking and CRM system for recruitment agencies and HR teams. Users can automate resume parsing, candidate matching, email sequencing, and candidate background checks in one place. Currently, the startup supports recruitment firms in more than 100 countries.
15. Inhire
5-year search growth: 8,800%
Search growth status: Exploding
Year founded: 2015
Location: Warsaw, Poland
Funding: Undisclosed
What they do: Inhire is an AI-powered job-matching platform in the tech industry. Companies can post open positions on their career marketplace to reach a network of 35,000 verified tech candidates. Relevant jobs are delivered directly to candidates who match the job's criteria within 24 hours.
16. Glints
5-year search growth: 593%
Search growth status: Exploding
Year founded: 2013
Location: Singapore, Singapore
Funding: $82.2M (Series D)
What they do: Glints is an online talent marketplace that matches job seekers with businesses searching for talent. Employers can post job listings and manage applications in one place. Unlike many recruiting platforms, Glints only charges companies when they find a candidate to fill their open position. The startup operates in Southeast Asia and currently supports more than 5 million users and 50,000 businesses.
17. StaffingGo
5-year search growth: 99x+
Search growth status: Exploding
Year founded: 2019
Location: Bangalore, India
Funding: Undisclosed
What they do: StaffingGo is a recruitment and workforce management platform for staffing companies. The startup's app allows users to manage candidate applications, onboarding, payroll, and existing staff timesheets in one place. As of today, StaffingGo processes over 150,000 payrolls each month.
18. StaffAny
5-year search growth: 5%
Search growth status: Regular
Year founded: 2017
Location: Singapore, Singapore
Funding: $4.1M (Non-Equity Assistance)
What they do: Utilized as an HR tool and hiring tool, StaffAny helps businesses manage their existing workforce and efficiently manage recruiting processes in one place. Users can access various employee scheduling and payroll management features and an advanced applicant tracking system. Unlike general HR software, StaffAny focuses on shift work teams to manage hourly worker tasks like scheduling, time tracking, and interviewing.
19. Qwick
5-year search growth: 600%
Search growth status: Exploding
Year founded: 2016
Location: Phoenix, Arizona
Funding: $59.1M (Series B)
What they do: Qwick is a staffing platform for hospitality gig workers. To join the Qwick platform, workers must complete a screening process that includes multiple interviews and a series of background checks. Both workers and employers are rated at the end of each shift and given a QwickScore between 1-5 stars. Workers need to maintain a rating above 3.5 stars to continue receiving shifts.
The startup currently has more than 130,000 vetted food and beverage freelancers in 23 US cities, including Phoenix, Miami, Los Angeles, New York, and more.
20. Personio
5-year search growth: 274%
Search growth status: Exploding
Year founded: 2015
Location: Munich, Germany
Funding: $724.3M (Series E)
What they do: Personio is a recruiting and HR management platform for small and medium-sized companies. Businesses can use this software at every stage of the hiring funnel, including sourcing candidates, tracking applications, making offers, and onboarding new hires. Currently, Personio supports more than 10,000 HR teams across Europe.
Conclusion
That wraps up our list of growing recruiting startups.
Companies in the recruiting and staffing industry are tackling various problems. From niche gig economy platforms to candidate assessment tools, companies in this space are making it easier for organizations to fill open positions.
Recruiters are also implementing AI more into their workflows to automate tasks. We expect this trend to continue in 2024 and beyond. If you liked these startups and want to learn more about where the industry is headed, check out these related topics: HR Companies & Startups and Top HR Trends.
