WednesdayFeb 03, 2021 10:21 am

QualityStocksNewsBreaks – Recruiter.com Group Inc. (RCRT) Announces Acquisition of Video-based Candidate Insight Platform

Recruiter.com Group Inc. (OTCQB: RCRT), an on-demand video-enabled and artificial intelligence hiring platform with the world's largest network of recruiters, has acquired Scouted.io. Scouted is a venture capital-backed tech start-up that is committed to developing deep insights into candidates using video screening and AI-based scoring algorithms. The acquisition was finalized on Jan. 31, 2021, and comprised an asset purchase agreement, with Recruiter.com completing the acquisition primarily with payment of restricted common stock. The announcement notes that Scouted CEO and cofounder Jacqueline Loeb will serve as senior vice president at Recruiter.com. The acquisition supports and strengthens Recruiter.com’s mission of becoming a top-of-mind hiring…

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