London, United Kingdom, 12 July 2019 – Indeed, the world’s #1 job site, announced today that it has signed an agreement to acquire ClickIQ, an automated job advertising technology platform, based in the UK.
Founded in 2017 by Richard Collins and Beverly Shaw, ClickIQ is Europe’s leading AI-powered programmatic recruitment technology platform. ClickIQ’s proprietary technology manages, tracks and optimises the performance of enterprise clients’ recruitment advertising in real-time, focusing job advertising spend where it is needed to reach the best candidates in the most cost-effective way.
Maggie Hulce, SVP Sales Strategy at Indeed, commented: “The team at ClickIQ have built an innovative technology solution for optimising job advertising spend to reach both active and passive jobseekers. In partnership, we will strengthen our ability to deliver qualified applications – and ultimately hires – to employers quickly and cost-effectively. Using AI to deliver the right number of candidates in a more effortless way, we will free recruiters to focus on what they do best – engaging candidates and ensuring great hires – which ultimately supports our mission to help people get jobs.”
Richard Collins and Beverly Shaw, co-founders at ClickIQ commented: “In Indeed we have found a partner who is truly aligned with our own business objectives and mission. We set out to build a technology platform that offers companies more cost-effective results, greater insight and more effortless control over their recruitment advertising budgets. With Indeed’s support, we look forward to scaling this model to employers around the world.”
ClickIQ has UK offices in Surrey and Aberdeen. The transaction is expected to close in July 2019.
In May, Indeed announced the acquisition of recruiting platform Syft.
More people find jobs on Indeed than anywhere else. Indeed is the #1 job site in the world and allows jobseekers to search millions of jobs on the web or mobile in over 60 countries and 28 languages. More than 250 million people each month search for jobs, post CVs, and research companies on Indeed, and Indeed is the #1 source of external hires for thousands of companies (sources: SilkRoad & iCIMS). For more information, visit indeed.com.
ClickIQ’s automated job advertising platform manages, tracks and optimises the performance of job advertising in real time, focusing spend where it’s needed most to reach both active and passive jobseekers. For more information, visit https://www.clickiq.co.uk/