Untapt, Inc., an automated recruiting platform that exclusively focused on connecting financial services companies with top tech talent, today announced the completion of a $3 million Series A Preferred Stock financing led by Tsai Capital Corporation and its affiliates. The round also included participation from SenaHill Investment Group, LLC, and other investors.
Ed Donner, co-founder and CEO of Untapt, revealed:
“This is a tremendously important moment for our business. The Untapt platform has a proven track record of connecting talented software developers with companies ranging from FinTech startups and hedge funds to global investment banks. Now we are ready to scale. There are over 400,000 new tech jobs in global financial services each year and more than 15 million technologists worldwide; this Series A financing enables us to bring these two sides of the market together.”
Untapt is the only recruitment platform that focuses exclusively on the intersection of financial services and technology, where demand is exploding. Untapt’s proprietary algorithm connects a growing talent pool of highly qualified engineers with top financial services companies, both large and small, ensuring the right matches based on factors such as experience, skills and education overlaid with industry-specific analytics. The more companies and candidates use the system, the more it learns and can predict the best fit.
Christopher Tsai, President and Chief Investment Officer of Tsai Capital Corporation, and Kyle Zasky, a partner with SenaHill Partners, LP, have joined Untapt’s board of directors.
Tsai added:
“Untapt is a game changer for top tech talent and thousands of businesses around the world. Moreover, Untapt has a huge market opportunity, a superb business model and an experienced management team. We look forward to helping the company maximize its potential.”
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