RecruiterBox was founded in 2011 by three friends Raj, Raghuveer and Girish in Bangalore, India. They wanted to create software to manage Resumes flooding the hiring team’s mailbox and make it easy to get through a pile of CVs.
Nowadays, most of their clients are outside India (70% in the US and another 20% in Europe, Canada, and Australia. 10% in the rest of the World). The company, initially, had the objective of targeting only the Small and Medium-sized businesses (SMB’s) but has now successfully incorporated larger companies, with 1,000+ employees.
Due to the success of the company, in 2018, RecruiterBox was acquired by US Private equity firm Turn/River Capital under the Applied Training Systems Inc. (ATSI) banner, although it still runs as a standalone business unit.
According to Slintel data, RecruiterBox has a total of 1,073 customers. They did not have any new additions or deletions in the past month. Most of their customers have less than 50 employees (67%) and 92% have less than 200 employees.
Some of the key customers of RecruiterBox are:
• Computacenter PLC
Computacenter is a provider of IT infrastructure. The company implemented and operates networking and data center infrastructure to provide user support and managed IT services to its clients. Computacenter has 14,000 plus employees and had revenues of £3.7 Billion in 2017.
Grofers is an Indian online grocery delivery service, founded in 2011. Customers order online or from the mobile app and can schedule their deliveries at any time of the day. Grofers has 1,000 plus employees and operates in 18 cities in India.
• Janicki Industries
Janicki Industries specializes in using advanced composite materials and exotic metals to manufacture high precision equipment for further use in manufacturing. Janicki Industries caters to a broad variety of industries.
• Makita U.S.A., Inc.
Makita manufactures and designs electric power tools for professional use, along with accessories and construction equipment. Their products include chain saws, gardening equipment, blowers, brush cutters, and pneumatics. Makita had approximately more than 11,500 employees as of March 2018.
• Milliken & Company
Milliken & Company is a private diversified industrial manufacturer based in the US. They specialize in chemicals, floor coverings, performance textiles, and consulting services. Milliken is estimated to have more than 12,000 employees.
• OYO India
A new company in the service economy, OYO is India’s largest hospitality company, founded in 2011. It covers more than 8,500 hotels in 337 countries in India and Southeast Asia. OYO employs more than 5,500 people.
• Sanghvi Brands Promoters Pvt. Ltd.
Sanghvi Brands manages and operates luxury premium spas, beauty salons and Wellness & Fitness centers in more than 20 locations across the globe. Sanghvi Brands employs approximately 300 plus people.
• SmartBox Group
SmartBox is a French company founded in 2009 and delivers gift boxes of experience (offering an assortment of experiences like driving a luxury car, adventure sports, dining, flying etc.). It is present in 9 countries in Europe.
• Providence Life Services
Providence Life Services provides an array of services to the elderly like Assisted Living, Rehabilitation, Skilled Nursing, Hospice, and Retirement Living.
Recruiterbox ranks 16th out of 221 vendors who provide ATS software and are tracked by Slintel. The two incumbents in the ATS space are Taleo and iCIMS, having more than 4,500 customers each according to our data. Other significant competitors to RecruiterBox in the ATS space are Lever, Mystaffingpro, Clearcompany, Odoo Human Resources, and Accolo.
The data shows that RecruiterBox has an even division regarding where it acquires its new customers from. ApplicantPro, Breezy HR, iCIMS and Smart Recruiters, each have provided RecruiterBox with 11% of their new customers. Lever earned three new customers in the last month without losing any, Mystaffingpro had 1 customer addition and two losses, while all the others haven't had any losses or no new customer additions.
Regarding renewals, approximately 9 customer contracts will be up for renewal from April - June 2019. An analysis of Slintel’s data shows that RecruiterBox has not had much traction in the market recently. This could be as an outcome of the acquisition and the transition from being an independent business to a unit of a larger corporation.
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