Talenya

AI-powered Automated Talent Sourcing

Business Software

Acquired (Inactive) by Paycor on Oct 2022 - closed due to acquisition

Company Overview

Snapshot

Founded in January 2017 by Gal Almog and Doron Segal, Talenya operated with 51–200 employees. The company raised a total of $11.7 million across two funding rounds from four investors. In October 2022, Talenya was acquired by Paycor, marking a significant exit for the AI-powered talent sourcing firm.

Business overview

Talenya specializes in leveraging artificial intelligence to automate talent sourcing, aiming to streamline the hiring process for companies globally. Its core technology, Talent AI, collects data from numerous sources to build updated talent profiles and uses AI and machine learning to prioritize candidates and optimize engagement campaigns. Additionally, Talenya offers Diversity AI, designed to eliminate bias and enhance workforce diversity by recommending specific changes to job requirements to generate more inclusive recruiting pipelines. The company primarily serves the enterprise and professional services markets within the Business Software sector, focusing on Human Resources Management.

Strategic signal

In October 2022, Talenya was acquired by Paycor, a move that significantly expanded Paycor's technology platform with AI-driven recruiting capabilities. This acquisition signals a strong market validation for Talenya's AI-powered talent sourcing and diversity solutions, demonstrating the increasing demand for advanced technological tools in human resources to enhance efficiency and address diversity goals. For investors, this highlights the strategic value of AI in HR tech and the potential for successful exits in this growing segment.

Company Intelligence Q&A

What was a significant corporate development for Talenya in 2022?: In October 2022, Talenya was acquired by Paycor, which aimed to extend its industry-leading technology platform with Talenya's AI recruiting capabilities.
When did Talenya launch its automated talent sourcing tool?: Talenya launched its automated talent sourcing tool in September 2021 to help companies increase candidate engagement.
Which investors participated in Talenya's October 2019 funding round?: In October 2019, Talenya completed a funding round with participation from Ibex Investors and lool ventures.
What research did Talenya highlight in February 2021?: In February 2021, Talenya highlighted groundbreaking research on the underrepresentation of skills on resumes from minorities and women compared to majority counterparts.
When did Talenya release Talenya Insights?: In March 2018, Talenya released Talenya Insights, a tool designed to provide employers with data to recruit for any job in under 18 days.

External links

Talenya — full profile (machine-readable)

Talenya uses artificial intelligence to automate talent sourcing, save time, and deliver interviews with qualified and diverse candidates. The company is focused on making the hiring process more efficient for leading companies worldwide and helping talent acquisition teams achieve their hiring goals faster, with higher quality results, and at a fraction of the usual cost. Talenyas proprietary Talent AI collects fresh data from hundreds of sources in order to build rich updated talent profiles. It uses AI and machine learning technologies to eliminate old-school keyword searches and intelligently prioritize candidates by their quality and propensity to change jobs. Talent AI leverages algorithms to run automated and optimized candidate engagement campaigns to boost companies interview pipelines. Talenyas proprietary Diversity AI is designed to eliminate bias and increase workforce diversity. This diversity engine recommends specific changes to job requirements in order to increase diverse talent participation in recruiting pipelines. Within seconds, Talenyas AI can generate many slightly altered versions of current job requirements and find the version that provides the most diverse and inclusive pipeline for the role.

Facts
Name	Talenya
One-liner	AI-powered Automated Talent Sourcing
Type	Startup
Primary sector	Business Software
Founded	2017
Employees	51-200
Employees (exact)	54
HQ / location	Rosh Haayin, HaAvoda 11, Rosh Haayin, Israel, Center District
Product stage	Released
LinkedIn	https://www.linkedin.com/company/17999708
Crunchbase	talenya
IL Registrar	515497337

Facts

Name

Talenya

One-liner

AI-powered Automated Talent Sourcing

Type

Startup

Primary sector

Business Software

Founded

2017

Employees

51-200

Employees (exact)

HQ / location

Rosh Haayin, HaAvoda 11, Rosh Haayin, Israel, Center District

Product stage

Released

https://www.linkedin.com/company/17999708

Crunchbase

talenya

IL Registrar

515497337

Classification
Sectors	Business Software, Operations Solutions, Human Resources Management
Core technology	Artificial Intelligence, Machine Learning
Target customers	Enterprise & Professional Services
Business models	B2B
Tags	enterprise-solutions, hr, enterprise-logistics, job-search, recruitment, web-platform, artificial-intelligence, big-data, saas, machine-learning

Classification

Sectors

Business Software, Operations Solutions, Human Resources Management

Core technology

Artificial Intelligence, Machine Learning

Target customers

Enterprise & Professional Services

Business models

B2B

Date	Round	Amount	Investors
Oct 2019	A Round	$6.5M	Ibex Investors (lead), lool ventures, Gal Ventures
Nov 2017	Seed	$5.2M	lool ventures, Israel Innovation Authority, Gal Ventures

Name	Role	Founder
Gal Almog	Co-Founder & CEO	yes
Doron Segal	Co-Founder, EVP R&D & CTO	yes
Sun Dahan	VP Marketing

Date	Source	Summary
Oct 14, 2022	www.prnewswire.com	Paycor Acquires Talenya to Extend Industry-leading Technology Platform with AI Recruiting
Nov 6, 2021	medium.com	Good Talent Should Not Go to Waste! Here's How AI Can Help Diversify Your Talent Pool
Sep 16, 2021	www.prnewswire.com	Talenya Launches Automated Talent Sourcing Tool To Help Companies Increase Candidate Engagement
Aug 9, 2021	www.fastcompany.com	5 ways to fix your diversity, equity, and inclusion program
Jun 30, 2021	www.hrdive.com	At Fortune 500 companies, women account for a third of workers, firm says
Feb 12, 2021	www.businesswire.com	Groundbreaking Talenya Research Highlights Underrepresentation of Skills on Resumes from Minorities and Women When Compared to Majority Counterparts
Oct 7, 2019	www.prnewswire.com	Talenya - The AI Technology Recruitment Company, Completes $6.5 Million Funding Round Led by Ibex Investors
Mar 1, 2018	www.prnewswire.com	Recruitment Technology Disruptor Talenya releases Talenya Insights™ arming employers with data to recruit for any job in under 18 days
Nov 20, 2017	www.globes.co.il	Israeli headhunting co Talenya raises $3m

Talenya

Company Overview

Snapshot

Business overview

Strategic signal

Company Intelligence Q&A

External links

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