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 and streamline the job recruitment screening process. The company's core technology enables businesses to create custom-made, branded tests for candidates, which are automatically evaluated. These assessments include various question types such as code, SQL, Excel, video, multiple-choice, and open-text questions. Canditech serves the HR and recruitment markets, operating within the Business Software sector, specifically focusing on Human Resources Management solutions for SMBs and enterprises.
Strategic signal
In June 2022, Canditech successfully raised a $9 million Seed round from Insight Partners and StageOne Ventures. This significant funding indicates strong investor confidence in Canditech's AI-powered assessment platform and its vision to transform the recruitment landscape by moving beyond traditional resumes. The investment positions Canditech for accelerated growth and further development of its technology, signaling its potential to become a key player in the HR tech market.
Log in to access full profile ›Company Intelligence Q&A
- When was Canditech founded?
- Canditech was founded in October 2019 by Guy Barel, Nir Dovrat, and Knaan Braz.
- 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, automatically checked tests for candidates.
- How much capital has Canditech raised to date?
- Canditech has raised a total of $10 million in funding.
- Which investors participated in Canditech's June 2022 funding round?
- In June 2022, Canditech secured a seed round from Insight Partners and StageOne Ventures.
- What is the employee count for Canditech?
- Canditech currently has 11–50 employees.