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Findem
AI-powered talent acquisition and management platform enabling companies to identify, attract, and engage top talent

Funding

$105.00M

2025

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Details
Headquarters
San Francisco, CA
CEO
Hari Kolam
Website
Milestones
FOUNDING YEAR
2019
Listed In

Valuation

Findem closed a $51 million Series C in October 2025 led by Silver Lake Waterman. The round included approximately $36 million in equity financing plus $15 million in growth debt from J.P. Morgan.

The company previously raised a $30 million Series B in March 2022 led by Wing Venture Capital, following its $7.3 million Series A in October 2020 when it emerged from stealth mode. Other investors include Harmony Capital and Four Rivers Group.

Findem has raised $105 million in total funding across all rounds.

Product

Findem's Talent Data Cloud sits on top of existing applicant tracking systems and HR information systems to automate pre-interview workflows. The platform ingests 1.6 trillion data points from over 100,000 public sources, including GitHub, patents, publications, press mentions, and social profiles, plus customers' internal ATS and CRM data.

For each person in its database, Findem creates multi-dimensional attribute profiles that extend beyond resume keywords. These profiles include time-series signals such as career moves, accomplishments, company growth during tenure, and diversity indicators, refreshed every few weeks to maintain data accuracy.

The workflow starts when a recruiter opens a job requisition in Findem, or the system automatically pulls it from the ATS. The platform's Copilot for Sourcing parses the job description, maps it to attribute search logic, and runs a multi-channel search across inbound applicants, past candidates, employee referrals, alumni networks, and LinkedIn-style public data.

It returns a ranked shortlist based on fit and reachability scores. Recruiters can drill into any profile to see why the match scored highly via attribute explainability features.

Users can send shortlisted candidates to hiring managers, launch personalized email and LinkedIn campaigns, or add prospects to always-on talent pools. The platform includes integrations with Greenhouse, Workday, Lever, SuccessFactors, Outlook, and Slack.

Business Model

Findem sells its Talent Data Cloud as a B2B SaaS platform rather than separate point solutions. Subscriptions bundle sourcing, CRM, and analytics, letting customers consolidate multiple recruiting tools under one contract.

Revenue comes from enterprise subscription tiers with role-based permissions, enabling talent acquisition operations to configure distinct views for hiring managers and recruiters. Pricing appears seat-based rather than usage-based, and the company offers both self-service and white-glove implementation.

Findem's go-to-market targets mid-market to enterprise customers, with recent expansion into large enterprise accounts through partnerships like its SAP Store listing. This provides access to over 9,000 SAP HCM customers globally across manufacturing, retail, and energy sectors.

Switching costs rise after integration with existing ATS, HRIS, and email systems. Continuous data refresh cycles and always-on talent pools create ongoing engagement that contributes to retention and expansion within accounts.

Revenue expansion comes from adding seats, extending to additional departments or geographies within existing customers, and upselling advanced features like market intelligence dashboards and diversity analytics.

Competition

AI-first talent platforms

Eightfold AI is Findem's most direct competitor with over $350 million in funding and a focus on global enterprise customers. Eightfold's 2025 Agentic AI release automates matching, interviewing, and internal mobility using digital-twin LLM technology to leverage proprietary employee data.

SeekOut is a unicorn valued at $1.2 billion and conducted two rounds of layoffs in 2024. The company is pivoting from pure sourcing to hybrid agentic services with conversational search capabilities.

Beamery offers a skills intelligence overlay for existing HCM systems like Workday and SAP, targeting regulated multinationals through deep integrations and explainable AI features.

Sourcing-focused platforms

hireEZ competes on cost with its EZ Agent agentic AI and all-in-one pricing that undercuts LinkedIn Recruiter. The platform has adoption among mid-market tech companies and staffing agencies through lower pricing.

Gem offers an AI-first recruiting CRM with 650 million profiles and integrated scheduling and analytics, marketing consolidation savings of 30-50% versus multi-tool stacks. The company focuses primarily on tech SMB and upper mid-market segments.

HCM incumbents

LinkedIn has 1.2 billion profiles and continues embedding AI into existing workflows through LinkedIn Recruiter and Talent Insights. The platform's reach and integrated approach create structural competition.

Workday and SAP are indirect competitors as they expand their HCM platforms to include more sophisticated talent acquisition capabilities, potentially reducing demand for third-party solutions like Findem among their existing customer bases.

TAM Expansion

New products

Findem's 2025 launch of AI copilots and agentic workflows automates multi-channel search, shortlist creation, and outreach processes, allowing the company to upsell higher-margin automation capabilities to existing sourcing customers. These products cut recruitment cycles from weeks to hours.

The next-generation Talent CRM transforms Findem from a point solution into an always-on relationship platform, opening access to a CRM-plus-engagement market that analysts size at $6-7 billion by 2028. The product enables usage-based pricing models rather than just per-seat licensing.

Internal mobility and skills intelligence represent adjacent expansion opportunities since Findem's 3D profiles cover both external and internal talent. The company can layer skills graphs to power internal marketplaces and workforce planning dashboards in a segment forecast to grow over 20% annually.

Customer base expansion

Partnerships like RecruitMilitary allow Findem to package pre-labeled datasets for government, defense, and industrial employers that historically relied on staffing agencies. These sectors represent significant untapped markets for AI-powered recruiting tools.

The SAP Store listing and native SuccessFactors integration provides exposure to over 9,000 large SAP HCM customers worldwide, many operating in manufacturing, retail, and energy sectors that remain under-penetrated by AI sourcing platforms.

Geographic expansion

Series C funding targets continued global growth, with SAP's global marketplace and low-latency cloud hosting removing localization barriers for EU markets governed by GDPR and fast-growing India and Southeast Asia tech hubs.

European and APAC expansion represents significant opportunities as these regions adopt AI-powered recruiting tools at accelerating rates, while Findem's compliance capabilities position it well for regulated international markets.

Risks

Data dependency: Findem depends on continuously scraping and stitching together data from over 100,000 public sources, creating vulnerability if major platforms such as LinkedIn or GitHub restrict API access or implement anti-scraping measures that could degrade data quality and coverage.

Market consolidation: Large HCM incumbents including Workday, SAP, and LinkedIn are embedding AI capabilities into their existing platforms, which may reduce demand for third-party solutions if customers prioritize integrated workflows over best-of-breed point solutions.

Economic sensitivity: Recruiting technology spending typically faces cuts during economic downturns as companies reduce hiring and talent acquisition budgets, exposing Findem to macroeconomic cycles that could compress both new customer acquisition and expansion within the existing customer base.

News

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