ModernLoop Analysis: $3M Raised
What is ModernLoop?
ModernLoop automates interview scheduling and streamlines recruitment processes, enhancing the candidate experience for efficient hiring management.
Employees
15
Founded
December 2020
Revenue
$2.9M
Business Model
Subscription-based model with enterprise solutions and integrations for revenue generation.
Product Features & Capabilities
- Automated interview scheduling, calendar synchronization, workload comparison, tailored interview experiences, interview panel creation, customizable training programs, scheduling queues, reporting and insights, integration with various tools, security features.
Pricing
- Minimum price: $3,000
- Maximum price: $45,000
- Average cost: approximately $17,500 annually
How much ModernLoop raised
1: - $3.3 million
October 5, 2021Lead Investor: Accel, Webb Investment Network
Who are the founders of ModernLoop
LH
Lydia Han
CEO
CT
Chris Triolo
CTO
Market Focus
ModernLoop primarily focuses on the recruitment technology industry, specifically in automating interview scheduling to enhance the recruitment process.
Investors
- Accel
- Y Combinator
- Webb Investment Network
- Quiet Capital
- Eric Yuan
- Stewart Butterfield
Competitors Overview
ModernLoop operates in the interview scheduling and recruitment automation market, facing competition from several notable companies. The main competitors include:
- Calendly: Known for its user-friendly interface and simplicity, Calendly is highly rated (4.7/5) and integrates well with variou
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