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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Paradox, the Leading Assistive Intelligence Platform for Talent Experience, Announces 2019 Growth Plans and Additional Funding

March 1, 2019

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Mar 1, 2019--Paradox, the leading Assistive Intelligence platform for talent acquisition and talent experience, announced an aggressive business expansion plan for 2019 and beyond.

Today, Paradox announced the continued expansion of the team with plans to double staffing again in 2019. The company’s hiring will focus primarily on product, sales and client success teams, including growing the company’s US footprint through opening the first two regional offices in Dallas and Chicago.

“We’ve seen tremendous growth and client adoption these last two years,” stated Aaron Matos, Paradox Founder/CEO. “In 2018, we tripled our revenue, doubled our team, and tripled the number of clients that we serve. Our product portfolio has greatly broadened as we’ve partnered with our clients to better support their candidates throughout the hiring process and their career. We have a big vision for how we can transform recruitment and the talent experience with assistive intelligence. We’re still early on that journey.”

The Paradox team also announced completion of their Series A funding totaling $13.34 million. Investors have not been disclosed, the company has been funded previously by its founder.

“We focus on putting our clients first on our mission to be the most candidate-centric company in the world,” said Matos. “We’re backed by an experienced team of investors through private family funds and my personal investments. I’ve never liked to talk about funding, and our team knows that results happen outside the company. We have the capital to continue to grow, innovate, and serve our clients, who entrust us to help them transform their talent experience. Our growth rates and amazing clients are a testament to that.”

Last month, Paradox was awarded the Talent Solution Impact Award by Recruiting Trends & Talent Tech for the company’s accomplishments in enabling stronger recruitment performance in business and driving industry market trends. Paradox was also recently accepted into the exclusive SAP.io Foundry program from a competitive process that selected seven businesses out of an applicant pool of over 100 startups. These accolades follow the announcement of additions to the company’s executive team late last year, who were hired to support the aggressive growth of the business and future expansion plans.

To learn more about Paradox and its award-winning AI recruiting assistant, Olivia, visit www.paradox.ai.

About Paradox, Inc.

Paradox is the leading Assistive Intelligence platform transforming global talent acquisition and candidate experience. The company’s flagship product, Olivia, allows talent acquisition & human resources professionals to focus on what they do best, human interaction - while she focuses on experience, automation and intelligence. Olivia is empowering and assisting talent in more than 60 countries across the world, communicates in over 36 languages, and assists over 150 talent-centric organizations such as Compass Group, Alorica, Staples, and CVS Health. For more information and to meet Olivia, visit www.paradox.ai.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190301005536/en/

CONTACT: Media Contact:

Jessica Rush

(602) 910-8700

jessica@paradox.ai

KEYWORD: UNITED STATES NORTH AMERICA ARIZONA

INDUSTRY KEYWORD: TECHNOLOGY SOFTWARE PROFESSIONAL SERVICES HUMAN RESOURCES

SOURCE: Paradox

Copyright Business Wire 2019.

PUB: 03/01/2019 03:14 PM/DISC: 03/01/2019 03:14 PM

http://www.businesswire.com/news/home/20190301005536/en