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Funding roundup: HireLogic, Plum, LaborWorx

February 23, 2023

HireLogic announced a $6 million funding round while employee assessment firm Plum also announced a $6 million round, and LaborWorx announced a $4.2 million round.

HireLogic

HireLogic announced a $6 million series A funding round led by Joseph Landy, former partner and co-CEO of private equity firm Warburg Pincus. Landy will also join HireLogic’s board.

“Joe is a proven investor and advisor to emerging companies, has helped numerous technology startups reach their full market potential, and recognizes the massive total addressable market opportunity for a common HR challenge,” HireLogic CEO Anirban Chakrabarti said.

Based in Reston, Virginia, HireLogic provides software that transcribes job interviews and provides a summary of the interviews, including keywords mentioned.

Existing investors from HireLogic's seed round also participated, bringing the total funding raised to over $10 million.

Plum

Plum, an employee assessment firm that uses psychometric testing, announced a $6 million round of growth funding led by Pearson Ventures and other new investors.

Pearson Ventures is the venture capital arm of publishing firm Pearson plc.

Caitlin MacGregor, co-founder and CEO of Plum, noted the funds will go to sales, marketing and product development to accelerate growth.

Plum is based in Waterloo, Ontario.

LaborWorx

LaborWorx, a staffing platform serving the construction industry, announced a $4.2 million funding round.

The Peachtree, Georgia-based firm said the investment will allow it to increase its existing team in Georgia and expand its presence in the Carolinas and Texas as well as boost client acquisition efforts and introcue a mobile app this summer.