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Scout Exchange

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uuid00023da

Namestring
Scout Exchange
Legal namestring
Scout Exchange LLC
Websiteurl
aquentscout.com
Company typeenum
Private
Founded yearint
2013
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersBoston, United States
HQ citystring
Boston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
vendor management system, recruitment marketplace, talent acquisition software, recruiter matching platform, staffing vendor management
Industry3 codes
1Vendor Management System (VMS) & MSP-Led Contractor Programs
CodeBPACAGAFPrimaryYes
2Talent Acquisition (Recruiting) & Applicant Tracking (ATS)
CodeBPACAPADPrimaryNo
3Recruiting Administration Outsourcing (Recruitment Support, Scheduling, Onboarding Ops)
CodeBPACAKAGPrimaryNo
NAICS code2 codes
  • Employment Placement Agencies561311
  • Employment Placement Agencies and Executive Search Services56131
SIC code1 code
  • Services-Employment Agencies7361
Product category
Talent Acquisition Software / Vendor Management System (VMS)
Social media profiles2 records
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model2 records
1Placement-based Transaction Fees
TypeTransaction Fee
Description

Aquent Scout is free for employers to use with no recurring fees or administrative costs. Revenue is generated when employers pay for successful placements made through the platform. Employers set their own recruiting fees at the requisition level, and the platform facilitates the transaction.

aquentscout.com
2Recruiter Network Access
TypeTransaction Fee
Description

Access to the on-demand network of hundreds of professional recruiters is free for employers. The platform facilitates connections between employers and recruiting firms, with costs controlled by employers who set fees for each job.

aquentscout.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Pricing details1 tier
1Free platform for employers with pay-per-placement model
ModelTransaction based/ take rateBilling cadencePay-as-you-go
Notes

No recurring fees or administrative costs. Employers only pay for successful hires. Complete control over recruiting fees at the individual job level, with market data guidance to price competitively.

aquentscout.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 record
1Scout Select
Description

A feature providing mini marketplaces of prequalified and contracted vendors organized by industry, location, or skill for specialized talent acquisition.

aquentscout.com
Core offering1 text field

Scout Exchange operates Aquent Scout, a cloud-based Vendor Management System (VMS) and two-sided recruitment marketplace that connects enterprise employers with a curated network of nearly 3,000 specialty search and staffing firms. The platform centralizes vendor onboarding, compliance, workflows, candidate submissions, AI-driven recruiter matching, communications, consolidated invoicing, and performance benchmarking under one contract, one workflow, and one invoice. The platform is free for employers, who pay a placement-based transaction fee only when a recruiter successfully fills a role.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • First placement filled in 14 days compared to months of prior vacancies
+3 more records
Product overview1 text field

Aquent Scout is a smart Vendor Management System (VMS) built around a curated marketplace that connects employers with external search and staffing firms. The core offering is the Aquent Scout platform itself — a cloud-based VMS that serves as a single point of control for managing the entire recruitment lifecycle, from job requisition through placement, across one contract, one workflow, and one invoice. The platform is architected as a core VMS with multiple integrated modules: the Scout Select mini-marketplace for curated vendor groups by industry, skill, or location; the On-Demand Recruiting Network providing access to hundreds of specialty search firms without procurement delays; an AI Recruiter Matching engine that algorithmically pairs roles with best-fit recruiters; a Centralized Communications Hub that consolidates all employer-recruiter interaction; a Reporting and Metrics Dashboard for benchmarking and KPI tracking; Consolidated Billing and Invoicing for unified financial management; and Vendor Onboarding and Compliance Management for streamlined procurement. The platform integrates natively with five leading ATS platforms (Workday, iCIMS, Oracle Taleo, SAP SuccessFactors, IBM Kenexa) and is free for employers, who pay only upon successful placement.

Product and service2 records
1Aquent Scout (Scout VMS)
CategoryVendor Management System / Recruitment Marketplace
Description

A smart cloud-based vendor management system (VMS) and recruitment marketplace that centralizes all interactions between employers and external recruiting firms into a single platform. Manages vendor onboarding, compliance, workflows, candidate submissions, AI recruiter matching, communications, and consolidated invoicing under one contract, one workflow, and one invoice. Free for employers; revenue is generated only upon successful placement.

2Scout Select
CategoryCurated Vendor Marketplace Module
Description

A mini-marketplace offering within Aquent Scout that curates prequalified and contracted vendors into focused sub-groups organized by industry, location, or skill. Enables hiring leaders to fill niche roles faster by accessing targeted subsets of the broader pre-contracted recruiter network.

Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierCoreTypeTechnology or Integration
Description

Direct integration with IBM Kenexa ATS to support existing employer workflows, ensure single source of truth for candidate data, and enhance candidate experience.

Strategic tierCoreTypeTechnology or Integration
Description

Direct integration with iCIMS ATS platform enabling seamless job distribution, candidate tracking, and recruitment workflow management.

Strategic tierCoreTypeTechnology or Integration
Description

Direct integration with Oracle Taleo to support enterprise recruitment workflows and maintain data consistency across systems.

Strategic tierCoreTypeTechnology or Integration
Description

Direct integration with SAP SuccessFactors HCM suite enabling unified talent acquisition management for enterprise clients.

Strategic tierCoreTypeTechnology or Integration
Description

Direct integration with Workday Recruiting to enable seamless candidate management and recruitment process optimization.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

Aquent Scout is part of Aquent, a global work solutions company that guides businesses toward the talent, technology, and services they need to create a better future of work. Parent company relationship providing strategic backing and brand association.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Affiliated site under Aquent umbrella providing talent solutions and workforce services.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Affiliated site providing creative and design talent solutions.

Strategic tierMinorTypeStrategic or Co-development Partner
Description

Affiliated site (robohead.net) providing creative production management and workflow solutions.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

SAP Fieldglass is the leading enterprise Vendor Management System for contingent workforce and services procurement. It is directly comparable as a broad incumbent VMS platform serving large employers with multi-vendor management, though it operates at much greater scale and broader scope than Aquent Scout.

TypeBroad incumbent
Description

Beeline is one of the largest independent VMS providers, offering contingent workforce management, statement of work, and direct sourcing capabilities. It competes with Aquent Scout for enterprise employer spend on multi-vendor recruitment management, but at a significantly larger scale.

TypeBroad incumbent
Description

Magnit (formerly PRO Unlimited) is a major contingent workforce management and MSP provider offering VMS technology alongside managed services. It is comparable to Aquent Scout as a broad incumbent serving enterprise contingent workforce programs, with a broader services portfolio.

TypeBroad incumbent
Description

VNDLY (now part of Workday) is a cloud-based VMS platform for managing contingent labor and services procurement. It competes with Aquent Scout in the enterprise VMS category, with Workday distribution providing additional competitive reach.

TypeEmerging player
Description

Loxo is an AI-powered talent intelligence platform combining CRM, sourcing, and analytics for recruiting organizations. It is comparable to Aquent Scout as an AI-driven recruiting platform, though Loxo focuses on recruiter-side workflows rather than multi-vendor employer VMS.

TypeEmerging player
Description

HireEZ (formerly Hiretual) is an AI sourcing and outbound recruitment platform used by talent acquisition teams and search firms. It overlaps with Aquent Scout in AI-driven recruiter-job matching, though HireEZ focuses on sourcing automation rather than full VMS.

TypeBroad incumbent
Description

iCIMS is a leading enterprise Applicant Tracking System with a broader talent acquisition platform. It is comparable as a recruitment technology provider serving enterprise employers, and is also an integration partner for Aquent Scout, making it both an ecosystem participant and a partial competitor.

TypeBroad incumbent
Description

Cielo is a global Recruitment Process Outsourcing (RPO) and talent advisory firm serving enterprise clients. It competes indirectly with Aquent Scout as an alternative approach to enterprise hiring, offering managed services rather than a self-serve VMS platform.

TypeBroad incumbent
Description

Robert Half is a major global staffing and talent solutions firm placing professionals across finance, technology, and creative roles. It is comparable as a large staffing industry incumbent in the broader talent acquisition ecosystem where Aquent Scout operates.

TypeEmerging player
Description

Pillar is an AI-powered interview intelligence and talent evaluation platform serving enterprise talent acquisition teams. It is an emerging player in the AI recruitment technology space with partial overlap to Scout's AI-driven matching capabilities.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers8 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration5 records

Each record includes

Title, Type, Description, Source

AI capability7 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Scout Exchange

Talent Acquisition Software / Vendor Management System (VMS)aquentscout.com

Scout Exchange firmographics

Firmographics
Name
Scout Exchange
Legal name
Scout Exchange LLC
Website
https://aquentscout.com
Company type
Private
Founded year
2013
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

Scout Exchange industry classification

Industry
Product category
Talent Acquisition Software / Vendor Management System (VMS)
NAICS
Employment Placement Agencies (561311), Employment Placement Agencies and Executive Search Services (56131)
SIC
Services-Employment Agencies (7361)
akta.pro primary industry
Vendor Management System (VMS) & MSP-Led Contractor Programs (BPACAGAF)
akta.pro secondary industries
Talent Acquisition (Recruiting) & Applicant Tracking (ATS) (BPACAPAD), Recruiting Administration Outsourcing (Recruitment Support, Scheduling, Onboarding Ops) (BPACAKAG)

Keywords

  • Vendor management system
  • Recruitment marketplace
  • Talent acquisition software
  • Recruiter matching platform
  • Staffing vendor management

Where Scout Exchange is headquartered

Location

Headquarters

HQ city
Boston
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Scout Exchange business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

  1. Placement-based Transaction Fees: Aquent Scout is free for employers to use with no recurring fees or administrative costs. Revenue is generated when employers pay for successful placements made through the platform. Employers set their own recruiting fees at the requisition level, and the platform facilitates the transaction.
  2. Recruiter Network Access: Access to the on-demand network of hundreds of professional recruiters is free for employers. The platform facilitates connections between employers and recruiting firms, with costs controlled by employers who set fees for each job.

Pricing tiers

ModelBillingPrice
Transaction based/ take ratePay-as-you-goFree platform for employers with pay-per-placement model

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Scout Exchange product offering

Product offering

Core offering

Scout Exchange operates Aquent Scout, a cloud-based Vendor Management System (VMS) and two-sided recruitment marketplace that connects enterprise employers with a curated network of nearly 3,000 specialty search and staffing firms. The platform centralizes vendor onboarding, compliance, workflows, candidate submissions, AI-driven recruiter matching, communications, consolidated invoicing, and performance benchmarking under one contract, one workflow, and one invoice. The platform is free for employers, who pay a placement-based transaction fee only when a recruiter successfully fills a role.

Product overview

Aquent Scout is a smart Vendor Management System (VMS) built around a curated marketplace that connects employers with external search and staffing firms. The core offering is the Aquent Scout platform itself — a cloud-based VMS that serves as a single point of control for managing the entire recruitment lifecycle, from job requisition through placement, across one contract, one workflow, and one invoice. The platform is architected as a core VMS with multiple integrated modules: the Scout Select mini-marketplace for curated vendor groups by industry, skill, or location; the On-Demand Recruiting Network providing access to hundreds of specialty search firms without procurement delays; an AI Recruiter Matching engine that algorithmically pairs roles with best-fit recruiters; a Centralized Communications Hub that consolidates all employer-recruiter interaction; a Reporting and Metrics Dashboard for benchmarking and KPI tracking; Consolidated Billing and Invoicing for unified financial management; and Vendor Onboarding and Compliance Management for streamlined procurement. The platform integrates natively with five leading ATS platforms (Workday, iCIMS, Oracle Taleo, SAP SuccessFactors, IBM Kenexa) and is free for employers, who pay only upon successful placement.

Differentiator

Problem solved

Functional benefit

Brands

  • Scout Select: A feature providing mini marketplaces of prequalified and contracted vendors organized by industry, location, or skill for specialized talent acquisition.

Products and services

  • Aquent Scout (Scout VMS) A smart cloud-based vendor management system (VMS) and recruitment marketplace that centralizes all interactions between employers and external recruiting firms into a single platform. Manages vendor onboarding, compliance, workflows, candidate submissions, AI recruiter matching, communications, and consolidated invoicing under one contract, one workflow, and one invoice. Free for employers; revenue is generated only upon successful placement.
  • Scout Select A mini-marketplace offering within Aquent Scout that curates prequalified and contracted vendors into focused sub-groups organized by industry, location, or skill. Enables hiring leaders to fill niche roles faster by accessing targeted subsets of the broader pre-contracted recruiter network.

Quantifiable outcome

  • First placement filled in 14 days compared to months of prior vacancies
  • +3 more outcomes

Companies that use Scout Exchange

Customer profile

Named customers8 records

Segments4 records

Ideal customer profiles3 records

Scout Exchange technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability7 records

Feature8 records

Scout Exchange partnerships and signals

Strategic signal

Partnerships

Nine partnerships are on record, tiered core, flagship and minor.

  • IBM KenexacoreTechnology or IntegrationDirect integration with IBM Kenexa ATS to support existing employer workflows, ensure single source of truth for candidate data, and enhance candidate experience.
  • iCIMScoreTechnology or IntegrationDirect integration with iCIMS ATS platform enabling seamless job distribution, candidate tracking, and recruitment workflow management.
  • Oracle TaleocoreTechnology or IntegrationDirect integration with Oracle Taleo to support enterprise recruitment workflows and maintain data consistency across systems.
  • SAP SuccessFactorscoreTechnology or IntegrationDirect integration with SAP SuccessFactors HCM suite enabling unified talent acquisition management for enterprise clients.
  • WorkdaycoreTechnology or IntegrationDirect integration with Workday Recruiting to enable seamless candidate management and recruitment process optimization.
  • AquentflagshipStrategic or Co-development PartnerAquent Scout is part of Aquent, a global work solutions company that guides businesses toward the talent, technology, and services they need to create a better future of work. Parent company relationship providing strategic backing and brand association.
  • Aquent TalentminorStrategic or Co-development PartnerAffiliated site under Aquent umbrella providing talent solutions and workforce services.
  • Aquent StudiosminorStrategic or Co-development PartnerAffiliated site providing creative and design talent solutions.
  • Aquent RoboheadminorStrategic or Co-development PartnerAffiliated site (robohead.net) providing creative production management and workflow solutions.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Scout Exchange competitors and assessment

Company assessment

Broad incumbents

  • SAP Fieldglass: SAP Fieldglass is the leading enterprise Vendor Management System for contingent workforce and services procurement. It is directly comparable as a broad incumbent VMS platform serving large employers with multi-vendor management, though it operates at much greater scale and broader scope than Aquent Scout.
  • Beeline: Beeline is one of the largest independent VMS providers, offering contingent workforce management, statement of work, and direct sourcing capabilities. It competes with Aquent Scout for enterprise employer spend on multi-vendor recruitment management, but at a significantly larger scale.
  • Magnit: Magnit (formerly PRO Unlimited) is a major contingent workforce management and MSP provider offering VMS technology alongside managed services. It is comparable to Aquent Scout as a broad incumbent serving enterprise contingent workforce programs, with a broader services portfolio.
  • VNDLY: VNDLY (now part of Workday) is a cloud-based VMS platform for managing contingent labor and services procurement. It competes with Aquent Scout in the enterprise VMS category, with Workday distribution providing additional competitive reach.
  • iCIMS: iCIMS is a leading enterprise Applicant Tracking System with a broader talent acquisition platform. It is comparable as a recruitment technology provider serving enterprise employers, and is also an integration partner for Aquent Scout, making it both an ecosystem participant and a partial competitor.
  • Cielo: Cielo is a global Recruitment Process Outsourcing (RPO) and talent advisory firm serving enterprise clients. It competes indirectly with Aquent Scout as an alternative approach to enterprise hiring, offering managed services rather than a self-serve VMS platform.
  • Robert Half: Robert Half is a major global staffing and talent solutions firm placing professionals across finance, technology, and creative roles. It is comparable as a large staffing industry incumbent in the broader talent acquisition ecosystem where Aquent Scout operates.

Emerging players

  • Loxo: Loxo is an AI-powered talent intelligence platform combining CRM, sourcing, and analytics for recruiting organizations. It is comparable to Aquent Scout as an AI-driven recruiting platform, though Loxo focuses on recruiter-side workflows rather than multi-vendor employer VMS.
  • HireEZ: HireEZ (formerly Hiretual) is an AI sourcing and outbound recruitment platform used by talent acquisition teams and search firms. It overlaps with Aquent Scout in AI-driven recruiter-job matching, though HireEZ focuses on sourcing automation rather than full VMS.
  • Pillar: Pillar is an AI-powered interview intelligence and talent evaluation platform serving enterprise talent acquisition teams. It is an emerging player in the AI recruitment technology space with partial overlap to Scout's AI-driven matching capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Scout Exchange social profiles

Digital presence

Scout Exchange compliance and trust

Trust signal

Compliance4 records

Scout Exchange financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Scout Exchange leadership team

Management profile

Number of profiles

Profiles3 records

Scout Exchange funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Scout Exchange M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scout Exchange

What does Scout Exchange do?

Scout Exchange operates Aquent Scout, a cloud-based Vendor Management System (VMS) and two-sided recruitment marketplace that connects enterprise employers with a curated network of nearly 3,000 specialty search and staffing firms. The platform centralizes vendor onboarding, compliance, workflows, candidate submissions, AI-driven recruiter matching, communications, consolidated invoicing, and performance benchmarking under one contract, one workflow, and one invoice. The platform is free for employers, who pay a placement-based transaction fee only when a recruiter successfully fills a role.

Is Scout Exchange a public or private company?

Scout Exchange is a private company. It is classified as corporate owned and is currently operating.

When was Scout Exchange founded?

Scout Exchange was founded in 2013. It employs 51 to 100 people.

Where is Scout Exchange based?

Scout Exchange is headquartered in Boston, United States, in the North America region.

How does Scout Exchange make money?

Two revenue lines are on record. Placement-based Transaction Fees are the primary driver. The others are recruiter Network Access.

Who are Scout Exchange's main competitors?

Broad incumbents on record are SAP Fieldglass, Beeline, Magnit, VNDLY, iCIMS, Cielo and Robert Half. Emerging players are Loxo, HireEZ and Pillar.

Does Scout Exchange have an API?

No public API is recorded for Scout Exchange.

What industry is Scout Exchange in?

Scout Exchange's product category is Talent Acquisition Software / Vendor Management System (VMS). Its primary akta.pro industry code is BPACAGAF, Vendor Management System (VMS) & MSP-Led Contractor Programs, with a secondary code of BPACAPAD, Talent Acquisition (Recruiting) & Applicant Tracking (ATS). Its NAICS code is 561311 and its SIC code is 7361.

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Live signals
GlobeNewswireFemale Recruiters Leading the Charge to Close the Gender Equity GapScout Exchange data shows female recruiters are 130% more effective at hiring female candidates and achieve 43% higher fill rates. Female candidates earn 22% lower salaries and represent only 30% of submissions, with 20% of submissions for jobs paying $150,000 or more.GlobeNewswireScout Exchange Partners with Veritas Prime to Provide SAP® SuccessFactors® Clients with Seamless Access to Total Talent Acquisition ManagementScout Exchange partnered with Veritas Prime to give SAP SuccessFactors clients access to Scout's marketplace of specialty recruiters. The partnership aims to provide seamless, complimentary access to Scout's AI-powered platform for total talent acquisition management. Scout claims hiring organizations can achieve up to 40% efficiency gains and cost savings.GlobeNewswireScout Exchange Cited in Gartner’s 2018 Hype Cycle for Human Capital Management TechnologyScout Exchange, a marketplace recruiting platform, was cited as a Sample Vendor in Gartner's 2018 Hype Cycle for Human Capital Management Technology under AI in Talent Acquisition. The report highlights AI's role in automating recruitment and improving candidate quality and efficiency. Scout's CEO said the recognition validates its machine learning AI's impact on recruiting results.GlobeNewswireScout Exchange Names Amanda Walrath as Managing Director of Program DeliveryScout Exchange appointed Amanda Walrath as Managing Director of Program Delivery, bringing over 15 years of talent acquisition experience. She previously led Shiftwise, where customer adoption on its VMS platform grew from 200 to 2,000 facilities. Walrath will design recruiting programs to meet client goals.GlobeNewswireOn #EqualPayDay, Scout Exchange Data Shows 41% Jump in Ratio of Female Executive HiresScout Exchange data released on Equal Pay Day shows a 41% jump in the ratio of female to male executive hires from October 2017 to March 2018, with female salaries rising twice as fast. The analysis also found female candidates are nearly twice as likely to be hired, and female recruiters submit female candidates 25% more often.GlobeNewswireData from Scout Exchange Shows Improved Gender Parity in HiringScout Exchange data shows improved gender parity in hiring female executives, with a 41% jump in the female-to-male hire ratio after October 2017. Female executive salaries are rising twice as fast as male counterparts, and female candidates are twice as likely to be hired. The findings were released ahead of Equal Pay Day.VC News DailyScout Exchange Announces $100M in FundingScout Exchange, a Boston-based recruitment marketplace platform, announced it has received $100 million in funding from TRI Ventures, the investment vehicle of recruiting industry veteran John Chuang. The funding will accelerate growth of Scout's marketplace, which connects employers with specialty recruiters using machine learning algorithms and has been adopted by hundreds of employers including 50 Fortune 500 companies. Chuang, who previously founded and built Aquent into the world's largest creative staffing agency, cited the $500 billion global recruiting market as the opportunity his investment targets.GlobeNewswireScout Exchange Announces $100M in Funding to Accelerate Growth of Recruitment MarketplaceScout Exchange announced $100 million in funding from TRI Ventures, led by John Chuang, to accelerate its recruitment marketplace. The platform is adopted by hundreds of employers, including 50 Fortune 500 companies, and uses machine learning to match recruiters to jobs. The funding aims to disrupt the $500 billion global recruiting market.GlobeNewswireScout Exchange to Host Webinar with Top HR Tech Analyst John Sumser on How to Improve Recruiting Results with Machine LearningScout Exchange will host a free webinar on January 31st with HR tech analyst John Sumser on using machine learning to improve recruiting results. The 45-minute session covers AI in HR tech, vendor questions, employer examples, and future predictions. Scout Exchange is a marketplace recruiting platform integrated with applicant tracking systems.