Criteria Corp Raises $8M in Series A Funding to Fuel Growth

LOS ANGELES, CA — October 29, 2015 — Criteria Corp, a leading provider of pre-employment testing services based in Los Angeles, today announced $8 million in Series A funding from Level Equity. Criteria Corp's SaaS platform, HireSelect®, features aptitude, personality, and skills tests that predict workplace performance. The company has about 2000 active subscribers, and was recently named to the 2015 Inc. 5000 list of fastest growing private companies in the United States.

"We're really excited about this partnership with the Level Equity team who support our mission to make data-driven hiring tools accessible to businesses of all sizes," said Josh Millet, CEO of Criteria Corp. "We look forward to using this funding to fuel our growth and expand our suite of products to help companies make better hiring decisions."

"We're thrilled to be partnered with Josh and his team," said Sarah Sommer, Partner at Level Equity. "We were attracted to Criteria by its track record of rapid, profitable, and bootstrapped growth, technology leadership, and by the sizeable opportunity that exists to deliver sophisticated, cost-effective hiring analytics to employers large and small."

Criteria Corp recently announced the release of HireSelect® Pro, a complete hiring solution designed to make it easier for small and medium-sized businesses to manage their hiring process. With more and more companies turning to data-driven hiring software, Criteria plans to invest heavily in expanded product functionality, test development, and marketing in order to continue expanding its customer base and improving its offering.

About Criteria Corp.

Criteria Corporation is the leader in web-based pre-employment testing. Criteria's HireSelect® service is web-based software that allows companies to implement a state-of-the-art employee testing program quickly and cost-effectively, without needing to spend money on costly consulting services. HireSelect features employment aptitude tests, employment personality tests, and basic skills tests. To find out more visit www.criteriacorp.com.


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