Another Acquisition Going Down in Recruiting-Tech Field

Remember Gild?

It started out as a sourcing tool. Over time, it expanded into an applicant tracking system, a CRM, even — yes, it’s the buzzword of the year — artificial intelligence in a way. And, it raised money.

Well, I’m hearing that much of Gild will be bought by Citadel.

I’m hearing that Gild’s product and engineering teams will transition the Gild product into one that will be for Citadel internally. By August 1 of next year, Gild’s clients will no longer have access to the product.

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Gild’s support team will be helping customers transition off the platform.

Some background: LJ Brock, the chief people officer at Citadel, I’m told through a mutual friend, has strong contacts at Gild and has been a Gild customer.

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8 Comments on “Another Acquisition Going Down in Recruiting-Tech Field

  1. Hi Todd, thanks for this info. Any estimates as to how large this deal was? Gild had raised about $25M and the sale would have only made sense if they received $75-125M. Comments?

  2. I was looking through some candidates in my ATS and Gild was strong at scraping a lot of Social Media accounts from diverse places. Have any competitors came close to Gild’s utility? I’ve been using Connectifier Social Links but even I’m better at locating social media than Connectifier.

    1. There are several good replacements for this. Clinch, which is a front end recruitment marketing platform and CRM does a great job of pulling in social media accounts of candidates just based on name and email and basically build out a full digital profile for them in the CRM. Also, as far as sourcing tools and open we aggregators we’ve seen great results with Entelo, Hiretual, etc. I actually did a post on 35 tools for sourcers not long ago on my blog here: https://www.proactivetalent.io/blog/35-tools-every-sourcer-recruiter-needs-to-know

      1. Thanks Will, I really appreciate you taking time to reply. Great breakdown of tools; you’re amazing! 😀

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