ZenSourcer rebrands as Gem and secures $9M for candidate recruiting platform

While the industry of job-seeking has admittedly improved with the advent of the internet, artificial intelligence, and job portals, there's still a long way to go. Hiring managers are still coming up with their hands empty, citing a deficit in qualified talent.

Gem, however, is hoping to reverse this trend with an end-to-end, cloud-hosted recruiting platform it believes is well-positioned for growth. The San Francisco startup formerly known as ZenSourcer today announced that it has raised $9 million in a series A funding round led by Accel, bringing its total venture capital raised to $11 million, according to Crunchbase.

CEO and Dropbox veteran Steven Bartel said the cash infusion will help accelerate the rollout of Gem’s candidate relationship management platform (CRM), which launched this week. “As hiring managers at Dropbox and Facebook, we connected with a lot of amazing candidates, but for many of them the timing wasn’t right,” he added. “We didn’t want to give up on those conversations, so we created lists of Gems and invested in long-term relationships with our ideal candidates.”

Gem — which was cofounded 18 months ago by former Facebook engineer Nick Bushak and Bartel — offers a suite of tools targeted at recruitment teams and hiring managers. It integrates with platforms like LinkedIn, Gmail, and Outlook and facilitates tracking of prospective employees with due date selectors, stages, custom fields, and other helpful status indicators. Additionally, it’s able to automate follow-ups; surface job applicants’ email addresses; and track metrics like email clicks, positive email replies, and LinkedIn InMail response rates.

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