Salesforce buys Moonhub, a startup building AI tools for hiring

| Posted on |

Here’s a structured summary of the relevant details from the provided text:

Startup Details

  • Startup Name: Moonhub
  • Founded: 2022
  • Founder: Nancy Xu (ex-Meta engineer)

Funding and Investors

  • Total Funds Raised: $14.4 million
  • Investors:
    • Khosla Ventures
    • AIX Ventures
    • Day One Ventures
    • GV (formerly Google Ventures)
    • Salesforce (also an early investor)

Acquisition Details

  • Acquiring Company: Salesforce
  • Acquisition Date: Not explicitly mentioned in the text but referred to an announcement made on a Monday.

Company Functionality

  • Technology Focus: AI for talent vetting and hiring, including tools for recruitment, evaluation, onboarding, and payroll management.

Additional Context

  • Customers: Hundreds, including Fortune 500 companies.
  • Salesforce’s Recent Acquisitions:
    • Completed acquisition of Informatica for $8 billion.
    • Acquired Convergence.ai for enhancing AI product offerings.

This information encapsulates the key aspects of the event and the involved entities as described in the text.

Source link

2025-06-02 18:55:43