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The Pulse of New York Tech

HR

Creatively Raises $5M for its Job Platform and Professional Network for Creatives

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The creative industry is ever-evolving and talented creatives are looking for new roles to showcase their skills. Brands are constantly looking for talent that can keep their looks current. Creatively, an online professional network and recruitment platform for creatives, connects the two. The platform allows job seekers to showcase their portfolios in an elegant interface that allows brands to walk through a portfolio seamlessly, connect, and hire for full-time roles, internships, and freelance work. Creatively is free for creatives with employers paying a fee to access to post jobs and have access to a suite of recruitment tools. Since launching last year during the pandemic, the company already had 125,000+ creatives on the platform and 650+ employers. AlleyWatch caught up with CEO Gregory Gittrich to learn more about the experience of launching in the middle of the pandemic, the company’s strategic plans, and recent round of funding from investors that include Link Ventures, Tornante Company, Advancit Capital, and Amplifyher Ventures.

RippleMatch Raises $23.5M for its Early Career Recruiting Platform

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College seniors finishing up their last semesters in 2020 expected to graduate going into the most robust market in history. Instead, the pandemic hit, causing an unprecedented disruptive effect on the job market and on corporations seeking talent. RippleMatch is a virtual-first early-recruitment platform that lets employers connect with college students and recent graduates that they may not have otherwise. As the pandemic also exposed the lack of diversity in the workplace, the platform also helps ensure that employers are recruiting from diverse talent pools. RippleMatch allows employers to tap into a pool of candidates from 1300+ universities and provides supporting solutions for recruitment marketing, branding, virtual events, and analytics. AlleyWatch caught up with CEO and Cofounder Andrew Myers to learn more about how RippleMatch helps corporations attract diverse candidates, the company’s future strategic plans, recent round of funding from investors that include Invus Opportunities, Renegade Partners, Gaingels, G20, Work-Bench, Alleycorp, Bullpen Capital, and Accomplice

Wrapbook Raises $27M for its Payroll Platform for the Entertainment Industry

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1/3 of Americans are now engaged in some sort of freelance or project-based work.  The popularity of non-traditional employment and the freelance economy introduces flexibility for both employers and employees but also adds complexities from a compensation and HR administrative standpoint.  Wrapbook is a payroll and benefits platform, starting with the entertainment industry, to pay, […]

Garner Health Raises $12.5M for its Platform That Lets Employers Recommend the High-Quality Doctors to Employees

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There’s been a growing movement towards outcome-based healthcare payments as we look to value-based care and providing the best care possible. This starts with selecting quality providers. Garner Health is a technology-driven platform that analyzes aggregate medical data to determine who the highest-quality physicians are by specialty, procedure and geography. Employees of companies that are partnered with Garner Health are able to go through this curated selection, filtered for availability and network considerations for upcoming medical visits. The platform also features a concierge service available through phone, chat, or email to provide additional guidance, if necessary. If the employee opts to use one of the preferred providers, then employers will cover all or a portion of any out-of-pocket expenses. The incentivization of employees in the short term to visit quality providers results in lower costs for the employer in the long-term, amounting to savings the company’s estimated to be at least 10%. Garner does not maintain any commercial relationship with healthcare providers and its determinations are completely on the basis of past treatment data, eliminating any bias or impropriety in the recommendations. AlleyWatch caught up with Founder and CEO Nick Reber (prev. Oscar Health and Bridgewater) to learn more about this innovative model to address rising healthcare costs, the company’s future plans, and latest round of funding from investors that include Founders Fund, Maverick Ventures, and Thrive Capital.

Crew Me Up Transforms How the Entertainment Industry Hires Crew Members

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The entertainment industry is characterized by its long-hours and unpredictability with crew members’ availability subject to constant change. This makes it difficult for production to staff properly and efficiently. Crew Me Up is the database of filmmakers that adds structure to and centralizes the crew member hiring process, also making it easy for film professionals to expand their networks and explore job opportunities. The free service allows professionals to set up a profile that contains a link to a website, resume, and/or IMDB page to verify credibility. Employers are able to search availability in real-time through the database. AlleyWatch caught up with CEO and Cofounder Joshua Friedman to learn more about the marketplace, how the pain points he experienced working in the entertainment industry since 2007  led to the launch of Crew Me Up, the experience navigating the pandemic when much of the entertainment industry was shut down, and much, much more…

TPG Growth Acquires a Majority Stake in Job Recruitment Platform Greenhouse

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Greenhouse, the applicant tracking and job recruitment software, has agreed to sell a majority stake to TPG Growth and related funds. The terms of the transaction were not disclosed but it has been reported that the transaction values the Greenhouse at $820M.

Spring Health Raises $76M to Make Mental Health Treatment an Employee Benefit

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The behavioral health market is projected to soar, reaching $240B by 2026, and for far too long employers have focused on keeping their employees physically healthy but ignoring mental health conditions. Spring Health has emerged as a pioneer, providing comprehensive employee mental health benefit solutions. The company’s proprietary assessment, “Precision Mental Healthcare”, understands the nuances and symptoms of conditions a person may be experiencing and then matches them to a tailored care plan for treatment. AlleyWatch caught up with CEO and Cofounder April Koh to learn more about how Spring Health breaks down the barriers for delivering mental healthcare to employees, the company’s future plans, and latest round of funding from investors that include Tiger Global. GingerBread Capital, and Operator Partners (the newly-formed fund by Nat Turner and Zach Weinberg), Northzone, Rethink Impact, William K. Warren Foundation, Work-Bench, SemperVirens, Able Partners,True Capital, Kyle Lowry, and Breanna Stewart.

Nava Raises $20M to Bring High Quality Affordable Healthcare Through its Employee Benefits Brokerage

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SMBs have traditionally lacked the resources to build out robust benefits department forcing them to outsource benefit decisions to traditional brokers and bear an increasingly disproportionate burden in rising healthcare costs. Nava, an employee benefits brokerage founded by the founders of Hightower and Kareem Zaki of Thrive Capital, brings affordable healthcare to the 160M Americans who rely on employers for health insurance. With Nava, small-to-midsized businesses are equipped with the resources, tools, and expertise to deliver valuable yet accessible benefits to their employees, while driving down overall plan costs for the employer. AlleyWatch caught up with CEO, Cofounder, and repeat entrepreneur Brandon Weber to learn more about the genesis for Nava, the company’s mission to make healthcare more transparent, and the company’s recent funding round led by Thrive Capital.