AI-powered jobs platform acquired by Indeed

Job site Indeed has announced that it has signed an agreement to acquire an automated job advertising tech platform.

The London-based jobs giant has signed an agreement to acquire ClickIQ, which specialises in automated technology for job advertisements.

Founded in 2017, ClickIQ uses AI-powered programmatic recruitment technology to manage, track and optimise the performance of clients’ recruitment advertising in real-time.

Maggie Hulce, SVP sales strategy at Indeed, commented: “The team at ClickIQ have built an innovative technology solution for optimising job advertising spend to reach both active and passive jobseekers.

“In partnership, we will strengthen our ability to deliver qualified applications - and ultimately hires - to employers quickly and cost-effectively.

Richard Collins and Beverly Shaw, co-founders at ClickIQ added: “In Indeed we have found a partner who is truly aligned with our own business objectives and mission.

“With Indeed’s support, we look forward to scaling this model to employers around the world.”

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