Gem announced a $37 million Series B for it’s app that includes candidate sourcing, CRM, and in-app analytics. They join a crowded market of incumbent and emerging leaders. It’s an interesting time to raise a bunch of VC for recruitment CRM with top-shelf VCs that probably have an eye on an exit in a 5 year window. It’s hard to see a path for a player entering the market now, given the vendor consolidation that has *just* happened and/or seems to be already in process in that segment.

 

Source: Gem Raises $37 Million Series B Led by Greylock in Response to Demand for Modern Recruiting Solutions