Montreal's iNovia Capital announced today that it has made an investment in New-York-based Urgent Career as part of the company's Series A funding round. Urgent Career seeks to revolutionize the process of finding, screening, and assessing sales talent, in order to fill the void of top-performing sales professionals at companies around the globe.
"Not only as an investor, but also as a business, we appreciate the importance of having great sales talent. Unfortunately, all too often, resources are wasted on ineffective hiring and staffing practices," said John Elton, Partner with iNovia. "We back exceptional entrepreneurs who are building game changing technologies. Urgent Career’s founder, Jeff Stewart, has started over a half-dozen companies, which combined employ over 600 people. We’re excited to be involved as an investor and also as a customer via our portfolio companies.”
iNovia has $160 Million under management across two seed and early stage funds. No details were shared regarding teh size of iNovia's investment however the announcement mentioned that iNovia’s investment will be instrumental in advancing Urgent Career's Algorithmic Linguistic Profiling Engine technology, which serves as the driving agent behind the company's assessments.