RIVS

RIVS, founded in 2011 by serial entrepreneur David Wieland, developed a software-as-a-service (SaaS) platform to streamline the recruitment process for enterprise clients. Coming from a family of entrepreneurs, Wieland applied his experience from founding and exiting two previous companies to the HR technology space. The Chicago-based company's core business revolves around a cloud-based digital interviewing platform that enables recruiters to automate and manage candidate screening.

The company's offerings are designed to reduce hiring time and improve the quality of candidates by providing deeper insights early in the process. Its patented technology includes one-way asynchronous interviews, where candidates record video or voice answers to preset questions on their own time. This allows hiring teams to assess communication and personality skills without the constraints of scheduling. Additionally, the platform facilitates live video and voice interviews for real-time interaction with individuals or panels. It also provides tools for creating automated written interviews. Revenue is generated through a subscription model for access to this suite of tools.

RIVS pursued an aggressive growth strategy through acquisitions, integrating other interviewing technology firms to expand its capabilities. It acquired Async Interview in 2015, followed by InterviewStream and HireBar in 2017. The acquisition of HireBar added features for building structured interview guides and feedback forms to support in-person interviews, while the InterviewStream deal significantly grew its client base to over 900 organizations across 100 countries. The company's platform integrates with numerous applicant tracking systems (ATS), including Taleo, Jobvite, and iCims, to provide a seamless workflow for recruiters. In 2019, RIVS underwent a majority growth recapitalization with Clovis Point Capital, marking a significant financial milestone.

Keywords: digital interviewing, video interviewing, talent acquisition, recruitment software, HR technology, asynchronous interviews, live video interviews, candidate screening, hiring platform, applicant tracking system integration, interview scheduling, SaaS, enterprise software, voice interviews, talent management, pre-recorded interviews, recruitment process optimization, RPO, interview management, human resources