Paradox Ranks Among the Top 100 Fastest-Growing Companies in North America on the 2021 Deloitte Technology Fast 500
- The Conversational Recruiting Technology Company Credits Growth to an Unwavering Commitment to Client-Centricity and a Transformational Shift Toward Automation That Helps Get Hiring Work Done
Paradox, the conversational recruiting platform helping global brands like Unilever and McDonald’s simplify hiring through automation with a human touch, announced that it debuted at number 86 on the prestigious Deloitte Technology Fast 500 — the annual ranking of the 500 fastest-growing companies in North America, now in its 27th year.
Paradox’s three-year growth rate of 1,955% is the highest of any recruiting technology company — an accomplishment founder and CEO Aaron Matos attributes to the company’s commitment to building world-class products that solve real-world hiring challenges.
“We’ve always pushed ourselves to make the hard stuff simple — and that starts with deeply understanding our clients and the challenges they’re facing,” said Matos, who started his career as a Human Resources practitioner before founding Paradox. “We’re fortunate to work alongside some of the biggest companies and smartest talent leaders in the world — and we don’t take that responsibility lightly. While recognition like this is meaningful, our responsibility is — and always has been — to maintain our insatiable appetite to build the most innovative solutions for our clients. Our goal is to keep doing that and growth will take care of itself.”
First launched in 2016, Paradox’s conversational assistant Olivia brings the experience people have come to expect from assistive technology like Siri and Alexa to recruiting — automating common recruiting tasks to get hiring work done faster and streamline the process for job seekers, recruiters, and hiring managers.
Across its clients, Paradox serves two primary — but distinct — hiring models in unique ways:
- For high-volume hourly roles, Paradox is increasing candidate conversion by replacing cumbersome steps in the process with simple, mobile-first, conversational experiences — reducing time-to-hire by as much as 90% for some clients by automating tasks like candidate screening, interview scheduling, offers, new hire onboarding, and more.
- For high-skill professional roles, Paradox’s conversational assistant Olivia does the work recruiting coordinators, recruiters, and hiring managers don’t have time for — like scheduling and rescheduling interviews, collecting candidate feedback, answering common questions, and creating truly personal 1:1 experiences for every candidate.
“To get recruiting right, we need to move from transactional to relational. Understanding that is one thing. Having a partner who can help you drive it is another — and Paradox has built technology to make that shift a reality,” said Jennifer Cotie Kangas, Director of Digital Experience and Talent Acquisition at Regis Corporation, a leader in the haircare industry that franchises more than 6,600 technology-enabled hair salons under brands like Supercuts, Smartstyle, Cost Cutters, First Choice Haircutters, and Roosters. “We didn’t buy Paradox only for the product it is today — we bought it for the company’s ability to listen, learn, iterate, and build the technology of the future. This company’s ability to sharpen its products over time to deliver for its clients is a real differentiator.”
HR Technology News: Canadian Workplace Health Benefits Critical for Employee Retention
Overall, 2021 Technology Fast 500™ companies achieved a median growth of 521% from 2017 to 2020. Complete rankings can be found here.
“Each year, the Technology Fast 500 shines a light on leading innovators in technology, and this year is no exception,” said Paul Silverglate, Vice Chair, Deloitte LLP and U.S. technology sector leader. “In the face of innumerable challenges resulting from the pandemic, the best and brightest were able to pivot, reinvent and transform and grow. We celebrate the winning organizations and especially the talented employees driving their success.”
HR Technology News: HR Tech RADAR 2021: Top 250 HR SaaS Technology Companies You Should Follow