INSUBCONTINENT EXCLUSIVE:
GoodTime, the algorithmically enhanced interview process management platform, has raised $5 million in a new round of funding led by Bullpen
Capital.The company uses natural language processing to link interview candidates with the right interviewers inside an organization
The idea is to make the hiring process run more smoothly for large organizations and give overworked human resources staffers a new
organizational tool in their toolbox to build better staffing processes.To do this, Ahryun Moon, Jasper Sone and Peter Lee, the co-founders
ofGoodTime, have built a tool that uses the calendar as its organizing principle
The idea is that the sooner interviews can be booked with the right people, the better it is for an organization.Staffing is about more than
just setting up an interview, though, so GoodTime also factors in relevant information about both an applicant and an interviewer, including
data like gender, ethnicity and relevant university and previous work-history information.Recruiting coordinators can manage the entire
process and make it as frictionless as possible for companies — and in this competitive hiring environment, companies may run the risk of
losing out if they can&t pull the trigger on a potential applicant quickly enough.It a problem that GoodTime chief executive, Moon, knows
As a former recruiting coordinator at MuleSoft, Airbnb and Dropbox, Moon is well-versed in the problems of recruiting professionals.She even
managed to convince her former employers at Airbnb and Dropbox to adopt the new platform
Those companies have seen their applicants confirm interviews within three hours by using the platform and have seen their time-to-hire
rates reduced by 40 percent, according to a statement from the company.GoodTime, which was seed-funded last year with a $2 million
investment from Walden Ventures and Big Basin Capital, managed to attract the education and staffing-focused investment firms GSV
AccelerateandArray.vcto its latest round
GoodTime is also a graduate of the Alchemist Accelerator program.GoodTime nabs $2M to match job applicants with interviewers to save time
and build rapportBased in San Francisco, GoodTime currently has 18 employees on staff and has reached profitability on the strength of its
