Zao.com

Employee Referral and Social Recruiting Platform

Business Software
Acquired (Inactive) by Amris on Aug 2014 - closed due to acquisition
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Company Overview

Snapshot

Founded in January 2011, Zao.com operated with 1–10 employees and raised $1.3 million across one funding round from two investors. The company was acquired by Amris in August 2014.

Business overview

Zao.com developed a social referral platform designed to streamline and automate employee referrals and social media recruiting. Its core technology focused on best practice automation, smart matching between requisitions and employee contacts, gamification, and extending referral rewards to trusted business networks. The platform also supported mobile devices for on-the-go referrals and applicant engagement. Zao.com operated within the Business Software sector, specifically targeting Human Resources Management and Enterprises with its web and mobile-based platforms.

Strategic signal

In August 2014, Zao.com was acquired by Amris, marking a significant exit for the social recruitment platform. This acquisition highlights the strategic value placed on innovative solutions in the HR technology space, particularly those enhancing employee referral and social recruiting processes. For investors, this signals a successful validation of Zao.com's technology and market approach, demonstrating the potential for M&A activity in the specialized business software sector.

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Company Intelligence Q&A

What is Zao.com's primary business?
Zao.com provides an employee referral and social recruiting platform that automates and gamifies the process of leveraging employee networks for talent acquisition.
When was Zao.com founded?
Zao.com was founded in January 2011.
What was a significant milestone for Zao.com?
Zao.com was acquired by Amris in August 2014, leading to its inactive status. This acquisition marked a significant exit for the social recruitment platform.
How much capital did Zao.com raise?
Zao.com raised a total of $1.3 million in a single funding round in June 2012.
Which investors participated in Zao.com's funding round?
In June 2012, Zao.com received $1.3 million in funding from Oren Zeev and Group 11.
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