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Searchlight
Candidate assessment software
- 21-100 employees
- B2B
- Recruitment
- HR
- Internal tools
- The Castro, San Francisco, CA
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Company mission
To create win-win outcomes where candidates thrive, recruiters excel, and the business outperforms.
Our take
Regardless of how intensive the recruitment process is, almost half of all hires fail within 18 months. This indicates that the methods and metrics companies use for finding a great fit are fairly ineffective, leading to a lot of wasted time and money. Searchlight exists to fix this with a platform that uses behavioural data & analytics to get a better view of a candidate's fit for a role than could be picked up from a resume or an interview.
Searchlight's solution is unique in the sheer amount of behaviour data it processes, and it seems to have been successful, leading to a 40% reduction in the time taken to fill a role and a 45% increase in retention. During a period typified by the "Great Resignation" and "quiet quitting", these are good results for any company. As a result, Seachlight has built a large customer base which includes the likes of GoodRx, Coinbase, Udemy and Zapier, to name a few.
Searchlight has raised a significant amount of funding, most recently in a Series A round led by Founders Fund. This investment is being used to hire additional talent, double the size of the team, and to further develop the product. With companies struggling to find (and keep) the top talent, Searchlight's data solution is well positioned to develop into a significant business in this space.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Searchlight is closed between Christmas and New Years
- 15 paid holidays
- Health & Wellness stipend
- Origin financial planning
- 401(k)
- Unlimited PTO
- Home Office stipend
- Health Insurance (100% paid premiums)
- Spring Health sessions
Company values
- Invest in others 📈
- Seek, give, and apply constructive feedback 🏗
- Play bigger 🚀
- Delight customers 🤩
- Be an owner 🥟
- Have passion for your craft 💎
Funding (2 rounds)
Dec 2021
$17m
SERIES A
Mar 2019
$0.2m
SEED
Total funding: $17.2m
This company has top investors
Leadership
Kerry Wang
(CEO)Before founding Searchlight.ai was a Business Analyst for McKinsey & Co. Before that was a Product Sales Lead at Google.
Anna X. Wang
(CTO)Was previously a Researcher for Standford University's Sustainability and Artificial Intelligence Lab. Prior to that was a Business Analyst at McKinsey & Co, an Associate Product Manager for Google and a Software Engineer at Uber.