Loxo Secures $115M Growth Investment Led by Tritium Partners
Deal News | Feb 23, 2025 | Aim Group
Austin, Texas-based Loxo, a prominent applicant tracking system and CRM provider specializing in staffing and recruiting firms, has secured a $115 million growth investment in a recent funding round. The round was led by Tritium Partners. This substantial financial boost is set to drive Loxo's focus on advancing artificial intelligence capabilities within its platform, aiming to enhance operational efficiencies and add more value to its client base. The investment underscores the growing importance of innovative technology solutions in the recruitment and staffing industry.
Sectors
- Technology
- Human Resources & Recruitment
- Private Equity & Venture Capital
Geography
- United States – The companies involved, Loxo and Tritium Partners, are based in the United States, specifically in Austin, Texas.
Industry
- Technology – The article is centered on Loxo, a company that operates within the technology sector by providing software solutions for applicant tracking and customer relationship management.
- Human Resources & Recruitment – Loxo's core business focuses on staffing and recruiting firms, fitting within the HR and recruitment industry segment.
- Private Equity & Venture Capital – The article discusses a growth investment led by Tritium Partners, a private equity firm investing in innovative technology solutions.
Financials
- $115 million – The amount raised by Loxo in the growth investment round led by Tritium Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Loxo | Target Company | Company | Loxo is a highly-rated applicant tracking system (ATS) and CRM provider focusing on staffing and recruiting firms. |
| Tritium Partners | Investor | Company | Tritium Partners is a private equity firm leading the $115 million growth investment round for Loxo. |