San Francisco, Calif. startup Evolv on Demand will hire up to 80 people over the next year after raising $15.7 million in new financing.
Founded in 2006, the company helps clients take the guess work out of hiring hourly employees in high-turnover industries like call centers. The company has used the massive amounts of employee data that companies have to create an algorithm that determines who is most likely to quit after a couple of weeks and who is likely to thrive.
To expand the company's market share, it will need to hire core front- and back-end engineers, quality assurance engineers, statisticians and psychometricians. Desired skill sets include Java, Ruby on Rails, and Adobe Flex.
While the 60-person firm makes its money helping companies make data-driven, black-and-white hiring decisions, it prefers its own employees to live in the gray, said CEO Max Simkoff.
As a startup, "there's not a lot of structure or direction a lot of the time," Simkoff, 29, said. "We want people who can live in a gray area and define their own direction."
Evolv on Demand can't compete with the six-figure salaries that recent college grads are commanding at giants like Facebook and Google, Simkoff said, but the company's compensation is competitive with other startups. Equity packages are generous, he said.
The company is deliberate in its hiring, Simkoff said. Theirs is a multi-stage process that includes writing a detailed cover letter and creating a PowerPoint presentation on yourself as a candidate and why you're a good fit for Evolv on Demand.
Write to Joseph Walker
