Rubicon Technology Partners, a Colorado-based private equity firm, has completed a strategic majority investment in Dallas-based talent intelligence platform OutMatch. The capital will allow OutMatch to grow its platform organically and through strategic acquisitions within the HR tech space. The amount of Rubicon’s investment was not disclosed.
As part of its strategic roadmap over the last three years, OutMatch has already acquired Pomello, Wepow, and The Devine Group.
“OutMatch has created a unique platform that not only provides a seamless candidate experience but also delivers proven results for organizations with varying talent needs across all end markets,” said Jason Winsten, partner at Rubicon, in a statement. “The OutMatch platform solves critical talent problems of large and mid-sized companies worldwide.”
Winsten also said Rubicon looks forward to partnering with OutMatch to accelerate its growth.
Rubicon is in “lock step” with OutMatch’s mission of matching people with purpose, according to Greg Moran, CEO of OutMatch. “This investment by Rubicon validates the hard work the OutMatch team has put into building and growing our Talent Intelligence Platform and delivering world-class customer support,” he said.
The OutMatch Talent Intelligence Platform addresses candidate selection and post-hire development with its suite of talent analytics. With the intent to bring clarity to talent decisions, the tech provides assessments, video interviewing, reference checking, and culture analytics.
OutMatch said its platform has so far completed more than 100 million assessments, which powers its data-driven insights into the workforce. Its customers include enterprise-level companies in industries such as hospitality, banking, and professional services. On its website, OutMatch cites Chili’s, Walmart, 7-Eleven, Life Time Fitness, Box, and others as the 1,000 companies (and counting) that it’s transformed talent for.
Existing OutMatch investor, Baltimore-based Camden Partners, will remain an investment partner of the talent tech company.
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