CloudAptitude is a social media managing tool that flags and alerts its users of previous detrimental comments, posts, and tweets.
Business Model:
Revenue: $3.3M
Employees: 11-50
Address: 331 Alexander St
City: Memphis
State: TN
Zip: 38111
Country: US
Each year companies hire 500,000 temporary employees for seasonal work. The problem is rapidly filtering these applicants and fitting them into appropriate roles. Companies don’t want a highly educated person as a greeter because they will easily cost the company money out of boredom just the same as the costs of someone who would misrepresent the company brand. The costs of turnover incurred by U.S. companies each year are staggeringly; $300 billion by some estimates. CloudAptitude is a pre-screening service that uses publicly available social media data to scientifically determine an applicant&s;s intelligence, personality, and vulgarity usage. Essentially, a snapshot of every applicant is created to enable rapid filtering for organizational and job fit. CloudAptitude&s;s indicators enable potential employers to save tons of time during the hiring process as well as reducing the costs of turn over due to bad fit.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 1/2012 | Seed Round | 2 | $15k |
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