This acquisition is part of Salesforce's recent spree, following its $8 billion purchase of Informatica and the acquisition of automation startup Convergence.ai. Moonhub's AI capabilities align with Salesforce's strategy to enhance its AI offerings. Despite mixed reactions from job seekers, AI is increasingly being adopted in HR processes, with 93% of Fortune 500 chief human resource officers integrating AI tools, according to a Gallup poll. Moonhub's integration into Salesforce is expected to accelerate its mission and contribute to Salesforce's AI strategy.
Key takeaways:
- Salesforce has acquired Moonhub, a startup focused on AI-driven talent vetting and hiring, with undisclosed terms.
- Moonhub's team from Menlo Park, California, will join Salesforce, which was an early investor in the startup.
- Salesforce is actively expanding its AI capabilities, having recently acquired Informatica and Convergence.ai.
- Moonhub, founded in 2022, offers AI tools for recruitment and has raised $14.4 million from various investors, including Salesforce.