Canditech

Company Overview

Snapshot

Founded in October 2019 by Guy Barel, Nir Dovrat, and Knaan Braz, Canditech operates with 11–50 employees. The company has raised $10M across two funding rounds from two investors. In June 2022, Canditech secured a seed round from Insight Partners and StageOne Ventures.

Business overview

Canditech provides an AI-powered assessment platform designed to automate the job recruitment screening process. The platform enables companies to engage candidates with custom-made, branded tests that are automatically checked. These assessments support a variety of question and answer types, including code, SQL, Excel, video, multiple-choice, and open text. Canditech operates within the Human Resources Management sector, leveraging artificial intelligence and machine learning to serve enterprises and SMBs.

Strategic signal

In June 2022, Canditech raised a $9 million seed round from Insight Partners. This funding validates the company's vision to revolutionize candidate screening by moving beyond traditional resumes, indicating a strategic shift towards more objective and skills-based hiring processes in the HR tech market.

Company Intelligence Q&A

What is Canditech's primary business?

Canditech provides an AI-powered assessment platform that automates the job recruitment screening process, allowing companies to create custom tests for candidates.

When was Canditech founded and by whom?

Canditech was founded in October 2019 by Guy Barel, Nir Dovrat, and Knaan Braz.

How much capital has Canditech raised to date?

Canditech has raised a total of $10 million in funding.

When did Canditech last raise a funding round?

In June 2022, Canditech raised a seed round from Insight Partners and StageOne Ventures.

What technology does Canditech utilize in its platform?

Canditech's platform leverages artificial intelligence and machine learning to facilitate automated and comprehensive candidate assessments.