Qimple, a Moncton human resources tech startup, has issued the following press release:
Atlantic Canadian company turns heads at international accelerator
After five months in San Francisco, HR tech startup Qimple is stronger than ever
MONCTON, New Brunswick (June 24, 2015) After spending five months at 500 Startups in San Francisco, Moncton-based Qimple has come a long way. Not only were they the first Atlantic Canadian company o take part in 500, which is one of the most recognized accelerators in the world, but they were also considered one of the most promising startups in their cohort.
“Going to 500 was the best thing we could’ve done for Qimple,” said Yves Boudreau, CEO of Qimple. “Being part of such an elite group has pushed us to work even harder to achieve our objectives and helped us gain greater traction than we would have otherwise. People pay more attention to us now that we’re a 500 company because we’ve proven that we’re legitimate. It gave us a once-in-a-lifetime opportunity that not many companies have and now it’s up to us to capitalize on it.”
500 Startups is a four-month program where companies are put through a rigorous process and are exposed to a variety of mentors, training sessions and investors. The accelerator culminates with a “Demo Day” where the companies make their pitches to a room of 500 potential investors. The program is known to be a game changer for the companies who are lucky enough to make it in. Qimple was one of only 35 chosen out of over 1,000 applicants.
“There were companies from over ten countries in our group so the learning experience was unreal,” said Boudreau. “It was an opportunity to gauge where we stood on the world stage and it answered a lot of questions for us in terms of what direction we should be going. It also gave us the tools and the connections needed to compete in a very competitive space. We definitely have an edge now, and we’re more focused than ever towards our goal of building the world’s most intuitive hiring platform.”
Qimple optimizes and distributes job opportunities based on a business’ geographic location, industry and the seniority level of the position - maximizing the number of applicants they receive. Their headquarters is in Moncton, New Brunswick and they currently have a team of six employees, which will be growing shortly.
For more information, visit Qimple.com.
About Qimple
Qimple helps some of the world’s smartest companies hire better candidates in less time. The hiring hub for employers simplifies your hiring process by enabling you to post to multiple popular and niche job boards at a reduced rate in just one click. Employers can then manage and track all of their applicants in one place. The team collaboration tools enable hiring teams to streamline their hiring process even further.
About 500 Startups (http://www.500.co)
500 Startups is a venture capital fund and startup accelerator based in Silicon Valley with ~$125M in assets under management. 500 Startups has invested in 1000+ companies all over the world since its inception in 2010, and employs a team of 40 people across 10 countries who speak over 20 languages. The company operates accelerator programs in the SF Bay Area and Mexico City emphasizing internet marketing and customer acquisition, design and user experience, and lean startup practices and metrics. Our investment team and mentor network has operational experience at companies such as PayPal, Google, Facebook, YouTube, Yahoo, LinkedIn, Twitter, Apple, and Sesame Street (j/k).
