December 13, 2017 2:58 PM ET

Software

Company Overview of Textio, Inc.

Company Overview

Textio, Inc. develops a writing platform for creating job listings. Its platform predicts the performance of job listings by analyzing the hiring outcomes of job posts and gives employers or organizations with guidance on how to improve it. Textio, Inc. was formerly known as Kidgrid, Inc. and changed its name to Textio, Inc. The company was founded in 2014 and is based in Seattle, Washington.

1218 3rd Avenue

Suite 1900

Seattle, WA 98101

United States

Founded in 2014

Phone:

800-898-1401

Key Executives for Textio, Inc.

Co-Founder and Chief Executive Officer
Co-Founder and Chief Technology Officer
Chief of Staff
Head of Business
Director of Data Engineering
Compensation as of Fiscal Year 2017.

Textio, Inc. Key Developments

Textio Upgrades Enterprise Offering to Optimize Augmented Writing for Larger Teams

Textio announced a host of new product features and updates designed to address the needs of large organizations looking to bring in leading talent. Enterprises are under increasing pressure to deliver measurable improvements in their hiring pipeline and they are turning to artificial intelligence (AI) solutions. While AI solutions for HR organizations have gained in popularity, few delivered real, substantive impact backed with results. Textio stands out by making a quantitative impact on the hiring results of large enterprises including NVIDIA, CVS, and Credit Suisse. As more and more enterprises have adopted Textio, the product has evolved to meet the unique needs of large scale companies including better organization of documents and analytics tracking by team. Textio uses AI to predict how different people will respond to written content, and shows writers exactly why, so they can make performance improvements before a document is ever published. The company's first application on the platform is used for writing job postings that perform better in the real world. Typically, customers using Textio attract 25% more candidates qualified enough to interview, and get 23% more applications from women, and they fill roles two weeks faster than they did before using Textio. Textio Enterprise customers now receive: Collaborative writing features that extend the recruiting process to the whole hiring team: One of the major bottlenecks in the recruiting process for large enterprises is the lack of a central home for job listings and a way to easily find them by team and role. Textio Enterprise customers create a massive job listing repository that allows anyone in the company, from recruiter to hiring manager, to draft, share, and finalize job listings. This central library is further organized by groups so users can easily view the documents most relevant to their teams and open roles. Simple access for all employees: A growing number of companies are choosing to offer employees single sign-on (SSO) options to increase security and improve efficiency. The Textio platform now offers a SSO option that integrates seamlessly with any SAML 2.0 provider. This offering ensures that anyone who wants to utilize Textio can do so simply and easily from anywhere in the world. Company compliance standards that are easy for job post writers to follow: Every enterprise has standard language that must be used (or avoided) during the hiring process. This includes a company-specific equal opportunity statement to be included in every job listing. With a click of a button, Textio Enterprise customers will be able to add this customized statement to every job post. Also, Textio makes it simple to highlight non-compliant language and remove it from job posts. Customer data powers continuous platform improvements: In addition to efforts for enterprise customers, Textio continues to deliver creative solutions for Data Exchange customers. Textio pioneered the Data Exchange program, which allows customers to provide anonymized key hiring metrics to the service. Customers who provide their hiring stats pay less to use Textio. Company branding delivered automatically: Enterprises have increasingly invested in employer branding. It's important to understand not only the words that work for job postings for a given location and job type, but also the language that works specifically for a given enterprise. Given enough data, Textio's predictive engine analyzes the hiring outcomes of individual enterprises to surface patterns that improve the performance of their specific job listings. Textio automatically highlights this language that helps the company fill jobs faster.

Textio, Inc. Presents at 20th Annual HR Technology Conference and Exposition, Oct-10-2017 through Oct-13-2017

Textio, Inc. Presents at 20th Annual HR Technology Conference and Exposition, Oct-10-2017 through Oct-13-2017. Venue: The Venetian Las Vegas, 3355 S Las Vegas Blvd., Las Vegas, Nevada, United States. Presentation Date & Speakers: Oct-10-2017, Charna Parkey, Director of Customer Success. Oct-11-2017, Kieran Snyder, Co-Founder and Chief Executive Officer. Oct-13-2017, Kieran Snyder, Co-Founder and Chief Executive Officer.

Stacey Bishop to Join Textio’s Board of Directors

Textio announced that it has raised a $20 million Series B investment round led by Scale Venture Partners. Stacey Bishop, Partner at Scale Venture Partners, will join Textio’s Board of Directors.

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