BrightHire Raises $20.5 Million

BrightHire, a startup that wants to transform the way people are hired inside organizations, announced a $20.5 million Series B investment led by 01 Advisors, with participation from Index Ventures and Zoom Apps Fund. Zoom Apps Fund is also involved as the company is based on taking information from a Zoom-based interview and using the data to drive hiring decision-making. The company records and transcribes each interview, which is conducted over Zoom, enabling the interviewer to concentrate solely on the candidate, and not on taking notes or other tasks. In addition, throughout the interview, the software will surface critical questions to ask the candidate, which helps ensure every interview is conducted in a consistent way.