Led by Brighton Park Capital, the funding will fuel aggressive product innovation, market expansion, and strategic acquisition; technology executive Mike Gregoire to serve as Chairman
Paradox, the conversational AI platform helping HR and talent teams automate administrative tasks and deliver real-time candidate and employee communications, announced $40M in Series B funding, led by Brighton Park Capital. The Arizona-based startup, whose 200+ global enterprise clients include McDonald’s, CVS Health, and Unilever, will leverage the funding to expedite its vision of a future where AI is a liberating force to help people do their best work.
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Paradox, the conversational AI platform helping HR and talent teams automate administrative tasks and deliver real-time candidate and employee communications, announced today $40M in Series B funding, led by Brighton Park Capital.
“No one goes into recruiting or HR because they like screening resumes, scheduling interviews, or managing paperwork,” said Paradox founder and CEO Aaron Matos, who started his career as an HR practitioner. “Our clients love our AI assistant Olivia because she helps them get back to doing the strategic people work that got them into recruiting and HR in the first place.”
Mike Gregoire, the Partner who led the deal for Brighton Park Capital, said the decision to invest in Paradox was rooted in a clear view toward the future.
“Paradox is fundamentally aligned with where the world is going,” said Gregoire, who served as CEO of cloud-based talent management pioneer Taleo from 2005 through 2012, when the company was acquired by Oracle for $1.9 billion. “The company is seeing increased adoption as digital transformation becomes more critical to organizational resiliency and long-term success. Paradox is the clear leader in its category and we’re thrilled to partner with their team to execute a vision for the future of work.”
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