Vervoe Announces $3.5M Funding Round

The funding round of USD $3.5 million is led by SEEK, a global leader in online employment markets, who will contribute USD $2 million. Additional investors include Jesse Hertzberg, former COO of Etsy, Zachary Lewy, Founder of Arrow Global Limited, and RusIan Kogan and David Shafer of Kogan.com. The capital will be used to develop machine learning technologies, which will rank candidates based on how they perform in online simulations against an employer’s hiring requirements. The capital will also be used to build Vervoe’s global sales team and further expand its customer base.