Investment Enables OutMatch to Accelerate Growth of Its Talent Intelligence Platform Both Organically and Through Strategic Acquisitions Within the HR Technology Space
DALLAS — (March 3, 2020) — OutMatch, a leading Talent Intelligence Platform, which enables companies to hire and develop great employees, has secured a strategic majority investment from Rubicon Technology Partners (“Rubicon”), a private equity firm based in Boulder, CO, that specializes in enterprise software companies.
OutMatch’s Talent Intelligence Platform enables businesses to optimize both candidate selection and post-hire development by providing an end-to-end solution that integrates the entire talent analytics workflow, including assessments, video interviewing, reference checking, and culture analytics. With over 100 million assessments completed, OutMatch generates unparalleled data-driven insights, allowing many of the world’s largest companies, including major hospitality brands, airlines, banking institutions, and professional services firms, to maximize the lifetime value of their employee-base.
“OutMatch has created a unique platform that not only provides a seamless candidate experience but also delivers proven results for organizations with varying talent needs across all end markets,” said Jason Winsten, Partner at Rubicon. “The OutMatch platform solves critical talent problems of large and mid-sized companies worldwide. We are excited to partner with the OutMatch team to accelerate their growth through both organic investments and strategic acquisitions.”
Rubicon’s investment is expected to accelerate and expand OutMatch’s existing strategic acquisition roadmap, which includes the acquisitions of Pomello, Wepow, and The Devine Group over the past three years. The investment also positions OutMatch to accelerate product innovation and invest in further go-to-market expansion to help customers derive even more value from OutMatch’s solutions.
“Rubicon shares our passion for enabling companies to hire and develop great employees, and culturally, Rubicon is in lock step with our mission to match people with purpose,” said Greg Moran, CEO of OutMatch. “This investment by Rubicon validates the hard work the OutMatch team has put into building and growing our Talent Intelligence Platform and delivering world-class customer support.”
Camden Partners of Baltimore, MD, an existing investor in OutMatch, will remain an investment partner. Raymond James served as financial advisor to OutMatch.
About Rubicon Technology Partners
Rubicon Technology Partners invests in enterprise software companies with proven products and talented management teams to help grow and scale their businesses. Rubicon enables companies to adapt to the changing requirements of their businesses as they grow and scale using a proven set of proprietary processes, best practices and a portfolio-wide engagement model called RTP Change Management™. With offices in Boulder, CO, Palo Alto, CA and Stamford, CT, Rubicon has approximately $1 billion in assets under management. For more information, please visit www.rubicontp.com
The OutMatch Talent Intelligence Platform brings clarity to talent decisions by gathering the right data and putting the insights companies need at their fingertips. We help the world’s biggest brands to select and develop great people, maximizing the employee life cycle. With over 100 million assessments completed, and over 10 million flowing through per year, this volume of data gives OutMatch unique insight into the workforce and prepares OutMatch clients for the future of work.