Jobvite Acquires Talent Analytics Platform, Talentegy

Jobvite, a provider of recruitment software, including an applicant tracking system, announced it has acquired the talent analytics platform Talentegy.

Talentegy’s technology aims to improve recruitment outcomes by using data on career sites and throughout a company’s various talent acquisition technologies — such as career website, ATS and CRM — to help analyze and identify candidate behaviors, content engagement, candidate exits and accurate applicant sources.

The transaction closed Sept. 1; terms were not announced. The Talentegy brand will remain for now but over time transition to be Talentegy by Jobvite.

Talentegy, headquartered in Wilmington, North Carolina, and Seattle, has approximately 70 customers.

Customers can purchase the Talentegy solution as a standalone product or as an add-on to Jobvite’s current analytics offering. Jobvite will also incorporate Talentegy product capabilities into its Evolve Talent Acquisition Framework.

The move follows Jobvite’s acquisition in June of the artificial intelligence and data science team at Predictive Partner, which accelerated its efforts to weave AI into all aspects of Jobvite software.

K1 Investment Management last year made a majority, $200 million-plus investment in Jobvite. An undisclosed portion the investment was used by Jobvite to acquire three firms: recruitment marketing company Talemetry; online employee referrals platform RolePoint; and text-based conversational recruiting company Canvas.

“For years, talent acquisition teams have struggled to leverage their data to improve recruiting outcomes,” said Jobvite CEO Aman Brar. “With the addition of Talentegy, our customers will be able to monitor the candidate experience, identify points of friction, and eliminate them in ways that significantly improve outcomes.”