Recruiter.com Group Inc has announced a Memo of Understanding (MOU) with Ian Martin Group’s Raise Recruiting division, a provider of engineering, IT, and technical staffing solutions.
The company said it will help Raise Recruiting scale its US-based recruiting solutions with Recruiter’s advanced artificial intelligence (AI) software, which is expected to increase Recruiter.com’s overall monthly software revenue by about 10%.
“As Recruiter.com shifts its focus toward software and on-demand recruiting services, we are pleased to find such a high-quality partner as Raise to accelerate our transition,” Recruiter.com Group CEO Evan Sohn said in a statement.
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“Our staffing-related clients will receive exceptional support from a world-class staffing partner, while Recruiter.com continues solving hiring challenges for employers with our technology-led solutions,” Sohn added.
Recruiter.com said it will assign certain staffing-related clients to Raise and assist the company in creating a seamless transition and building an overall net positive for the end clients. Raise then will, in turn, subscribe to Recruiter.com's AI recruiting software and on-demand recruiters.
The transaction is expected to close on December 31, 2021, following the execution of sales contracts and other related agreements.
Recruiter.com is an online hiring platform delivering on-demand recruiting technology and services to both large and small businesses. With AI and video technology, and the world's largest network of recruiters, Recruiter.com delivers on-tap recruiting that flexes with hiring needs.
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