Paradox Raises $200M in Series C Funding

Paradox

Paradox, a Scottsdale, Ariz.-based conversational recruiting platform built to give every recruiter, hiring manager, and talent professional an assistant to get work done, raised $200M in Series C funding.

The round was led by Stripes, Sapphire, and Thoma Bravo, with participation from Workday Ventures, Indeed, Willoughby Capital, Twilio Ventures, Blue Cloud Ventures, Geodesic, Principia Growth, DLA Piper Venture Fund and current investor Brighton Park Capital. Paul Melchiorre, an Operating Partner at Stripes, will be joining the Paradox Board of Directors.

The investment now values the company at $1.5 billion.

Paradox’s vision is embodied by Olivia — the conversational AI assistant helping companies like Unilever, Nestle, McDonald’s, CVS Health, and General Motors automate tasks like candidate screening, interview scheduling, onboarding, and more through smart, simple, mobile-first experiences. In just five years, Olivia has helped 500+ global clients save millions of hours of manual work — freeing their teams up to spend time with people, not software. 

Led by founder and CEO Aaron Matos, Paradox is building a conversational recruiting software platform to drive automation with a human touch. Serving global clients with hiring needs across high-volume hourly and high-skilled professional roles, the company’s conversational assistant Olivia does the work talent teams don’t have time for — streamlining tasks like screening, interview scheduling, and more through mobile-first interactions.

In five years, the startup has served such employers as Unilever, McDonald’s, CVS Health, Lowe’s, General Motors, and Shaker Recruitment Marketing. The company also acquired Traitify, a personality assessment company, in August 2021. 

Headquartered in Scottsdale with offices in Chicago, Baltimore, Tel Aviv, Singapore, and Vietnam, Paradox is hiring numerous roles across all parts of the organization, with focus on client success, sales, implementations, product management and technical product roles, talent, marketing, engineering, and more.

FinSMEs

27/12/2021

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