InvestorNewsBreaks – Recruiter.com Group Inc. (RCRT) Announces Acquisition of Video-based Candidate Insight Platform

February 3, 2021 10:30 AM EST

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Recruiter.com Group Inc. (OTCQB: RCRT), an on-demand video-enabled and artificial intelligence hiring platform with the world’s largest network of recruiters, has acquired Scouted.io. Scouted is a venture capital-backed tech start-up that is committed to developing deep insights into candidates using video screening and AI-based scoring algorithms. The acquisition was finalized on Jan. 31, 2021, and comprised an asset purchase agreement, with Recruiter.com completing the acquisition primarily with payment of restricted common stock. The announcement notes that Scouted CEO and cofounder Jacqueline Loeb will serve as senior vice president at Recruiter.com. The acquisition supports and strengthens Recruiter.com’s mission of becoming a top-of-mind hiring solution. “Using video and deep candidate profiling, Scouted understands more about its talent ecosystem than any other system that I have encountered,” said Recruiter.com CEO Evan Sohn in the press release. “We are excited to add Scouted’s exceptional video-based candidate experience to our recruiting process and help small and large employers connect with Scouted’s incredible talent pool of high-potential early- and mid-career professionals.”

To view the full press release, visit https://ibn.fm/IxsvJ

About Recruiter.com Group Inc.

Recruiter.com is a hiring platform for the world’s largest network of small and independent recruiters. The company empowers businesses to recruit specialized talent faster with virtual teams of recruiters and AI job-matching technology. For more information about the company, please visit www.Recruiter.com.

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