iCIMS Holding, which provides a cloud-based enterprise recruiting software platform, filed on Thursday with the SEC to raise up to $100 million.
iCIMS's Talent Cloud is a talent-focused software platform for growth that enables brands to build their talent pipelines. As of June 30, 2021, iCIMS supported 4,198 customers in over 200 countries and territories, including enterprises such as Dish Network, Emory University and Emory Healthcare, Keurig Dr Pepper, and Uber. Its customers, which include over 25% of the Fortune 500, managed approximately 64 million applicants and made more than 3.8 million hires through the iCIMS Talent Cloud during 2020.
The Holmdel, NJ-based company was founded in 2000 and booked $265 million in revenue for the 12 months ended June 30, 2021. It plans to list on the Nasdaq under the symbol TLNT. iCIMS Holding filed confidentially on March 25, 2021. Morgan Stanley, J.P. Morgan, Citi, Barclays, Credit Suisse, Baird, Needham & Co., Oppenheimer & Co., and Stifel are the joint bookrunners on the deal. No pricing terms were disclosed.
