Tech Company Financing Transactions
Searchlight Funding Round
Searchlight, based in San Francisco, secured $2.5 million in funding from Accel Partners, Founders Fund and Soma Capital.
Transaction Overview
Company Name
Announced On
11/26/2019
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
785 Market St.
San Francisco, CA 94013
USA
San Francisco, CA 94013
USA
Phone
Website
Email Address
Overview
After talking to hundreds of people and talent leaders, we learned that 80% of hiring decisions come down to gut instinct and 89% of mis-hires result from a lack of behavioral fit. Soft skills are also the most difficult to assess with existing hiring processes. We need better signals to increase the predictive validity of interview processes.
Management Team
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