What Are We to Make of Recent Jobvite Moves?

The Top-line Context

Jobvite picked up an investment of $200 million and is using it to acquire three smaller companies:

  • Talemetry (recruitment marketing)
  • RolePoint (employee referrals and in-company moves)
  • Canvas (a text-based conversational screening bot)

Post-acquisition, the combined company will have north of 2,000 customers. No valuation was disclosed in this deal. As noted by TechCrunch, the last valuation of Jobvite is pretty old — September 2014 — and was around $150 million, although the company has never confirmed that.