Spott Secures $3.2M to Enhance AI-Driven HR Solutions
Deal News | Jun 03, 2025 | Aim Group
San Francisco-based HRTech startup Spott has successfully raised $3.2 million in a funding round aimed at developing an AI-native applicant tracking system (ATS) and a recruitment customer relationship management (CRM) system. The investment round was led by Base 10, with notable participation from investors like Y Combinator, True Equity, and Fortino Capital. This significant financial backing comes as Spott looks to capitalize on the growing demand for technology-driven human resource solutions that leverage artificial intelligence to streamline recruitment processes. With the fresh injection of capital, Spott aims to innovate and enhance its platform's capabilities, offering more efficient and effective tools for both recruitment professionals and their clients.
Sectors
- HR Technology
- Venture Capital
Geography
- United States – The main company, Spott, is based in San Francisco, USA, and the investment activity is primarily centered around companies located in the United States.
Industry
- HR Technology – The article revolves around the development of AI-driven HR solutions, specifically an ATS and CRM, by the HRTech startup Spott.
- Venture Capital – The financing round led by Base 10 and participation from other venture capital firms indicates involvement in the venture capital industry.
Financials
- $3.2 million – The total funding amount raised by Spott in its latest investment round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Spott | Target Company | Company | A San Francisco-based HRTech startup focused on building AI-native recruitment solutions. |
| Base 10 | Lead Investor | Company | A venture capital firm that led the $3.2 million funding round for Spott. |
| Y Combinator | Investor | Company | A well-known startup accelerator that participated in the funding round for Spott. |
| True Equity | Investor | Company | A private equity firm that participated in the funding round for Spott. |
| Fortino Capital | Investor | Company | A venture capital firm participating in the funding round for Spott. |