Jobvite, a provider of recruitment software, including an applicant tracking system, announced that it has acquired the artificial intelligence and data science team at Predictive Partner.
The acquisition accelerates efforts to weave AI into all aspects of Jobvite software. The deal closed June 30; terms were not disclosed.
Predictive Partner’s legal entity will retain the Predictive Partner name and domain, but its data science team of five will join Jobvite. Predictive Partner is headquartered in Carmel, Indiana.
Morgan Llewellyn, CEO of Predictive Partner, will serve as Jobvite’s chief data scientist and oversee a team leveraging AI through automation, predictive analytics, data science, machine learning, natural language processing and optical character recognition.
Coinciding with the acquisition, Jobvite also launched enhanced candidate engagement scoring and intelligent candidate matching capabilities. Enhanced candidate engagement scoring will help talent acquisition teams better gauge candidate interest through at-a-glance engagement metrics for every candidate, according to Jobvite. Intelligent candidate matching will reduce the time it takes recruiters to identify a qualified candidate from a large volume of candidates.
K1 Investment Management last year made a majority, $200 million-plus investment in Jobvite. An undisclosed portion the investment was used by Jobvite to acquire three firms: recruitment marketing company Talemetry; online employee referrals platform RolePoint; and text-based conversational recruiting company Canvas.