Loxo Secures $115M Growth Investment from Tritium Partners to Boost AI Development

Loxo, a leading talent intelligence platform and recruiting software company, has recently completed a substantial growth investment round led by Tritium Partners, a private equity firm renowned for its expertise in technology and services. The $115 million investment signifies a pivotal moment for Loxo as it seeks to enhance its AI and product development capabilities, positioning itself as a leader in system-of-record recruiting platforms. This collaboration is expected to escalate their product innovation pace, improving recruitment processes for users globally. Loxo, which offers a suite of AI-driven tools designed to manage the recruitment life cycle effectively, has received exceptional ratings from recruiters across the US and UK, particularly for its AI-driven capabilities and user experience. With the strategic involvement of Paul Bartlett as Executive Chairman, Loxo aims to guide its expansion plans to meet the increasing demand for intelligent hiring solutions. Tritium Partners, with its focus on high-growth strategies for tech-driven companies, sees this investment as an opportunity to forge Loxo into a market leader as the recruitment industry evolves with AI integration.