Careerify is a Toronto-based startup that deals in software related to hiring, employer branding and referral.
Social networking company, LinkedIn, has acquired Careerify, a recruitment solutions startup based out of Toronto. This acquisition is expected to help LinkedIn further build its big data recruitment business.
Careerify’s products include an employer branding software, an internal mobility software and a referral software. The ‘referral software’ rightly fits into LinkedIn’s scheme of things.
Harpaul Sambhi, founder and CEO, Careerify, says, “As we work with LinkedIn, Careerify will no longer focus its efforts on internal mobility and employer branding. We will focus purely on further improving our employee referral software for existing customers, and will not take on new customers.”
Sambhi, along with his two software engineers, Luthfur Chowdhury and Prashant Viswanathan, also of Indian origin, will become a part of LinkedIn’s Talent Solutions Team.
Sambhi had started this business during the recession in 2009, when the term ‘needle in a haystack’ reflected the job search experience for millions of candidates.
The company developed a referral solution that looked at open jobs within an organisation and scanned its employees’ connections on social networks in real time, to pinpoint the perfect candidate.
“We decided to join LinkedIn due to what we lacked – massive scale,” Sambhi says.
With more than 347 million members, LinkedIn offers an opportunity to make a much larger impact on job seeking and hiring.