Wedge closes $500K funding round

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Matt Baxter Courtesy Wedge

A startup company that created a video interviewing platform for job seekers and recruiters completed its final leg of seed funding.

Matt Baxter, founder and CEO of Holland-based Wedge, said his company completed a three-month, $500,000 funding round in June, which brings the 5-year-old company’s total funding to $1 million raised to date.

The latest round of funds, which will be used to hire developers and scale partnerships, was contributed by private investors, including Wade Burgess, chief revenue officer of Austin, Texas-based Rev.com.

“Wedge is defining the future of video interviewing by intelligently automating the recruiting process,” Burgess said.

Baxter said with social distancing now the norm in the era of COVID-19, the Wedge one-way video interviewing platform is highly relevant for the hiring process.

“As the pandemic changed how the world works, more organizations are relying on Wedge to interview and screen candidates. We’re excited to announce our funding, which helps us support the growing demand for Wedge,” he said.

“Wedge was designed with both the recruiter and candidate at the core. For recruiters, we streamline processes and reduce screening times. For candidates, they gain an ‘anytime, any device’ job interviewing platform that enables them to use the communications medium they’re already familiar with — video — to express their interest in the open requisition and company.”

Founded in 2015, Baxter describes Competitive Wedge as an “intuitive” platform that allows employers to create and add custom interview questions in categories such as problem-solving and emotional intelligence. When they are done, recruiters can send their Wedge invite to applicants in one click and track candidate status through the Wedge dashboard.

Wedge recently inked partnerships with the talent management and recruiting platforms Hiretual, Applicant Pro and Jazz HR to streamline the candidate sourcing and screening process.

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