Startup Merges With US Interview Software Firm In $50M Deal

An Israeli applicant tracking software company is integrating into the world’s leading video interview platform Spark Hire in a $50 million deal.

Comeet makes it easier to source, recruit, and hire talent for businesses by managing the entire hiring process in one platform. It is used by international companies such as SodaStream, Vimeo, and Fiverr.

Spark Hire, based in the US, has helped thousands of organizations in more than 100 countries improve speed to hire by providing the ability to screen more candidates with “greater identification accuracy”.

The combined company will have an extensive customer base of over 7,000 companies. Both of the companies’ products will continue to operate independently after the merger. The $50 million transaction was facilitated by Boathouse Capital, a private equity firm and existing investor in Spark Hire. 

“We have always been committed to empowering talent acquisition leaders and revolutionizing the hiring process,” said Omer Tadjer, co-founder and CEO of Comeet.

“This merger with Spark Hire enables us to accelerate our mission, leveraging their expertise and resources to deliver even greater value to our customers.”

Josh Tolan, CEO of Spark Hire, said: “We are excited to join forces with a company that has a strong international presence, a highly-rated applicant tracking system, and a track record of exceptional customer satisfaction.

“Together, we will continue to innovate and provide our customers with unrivaled talent acquisition solutions.”