(NEW YORK, Sept. 15, 2022) - Mogul, Inc., a disruptor in the HR Tech and executive recruiting industry, today announced that it has signed a deal with SmartBizⓇ , the leading AI-powered financing platform for small businesses.
According to the agreement, SmartBiz will use Mogul’s innovative diversity-focused recruiting software to access more than 494 million diverse candidate profiles across 195 countries.
“At SmartBiz, we believe that a team made up of a broad spectrum of perspectives, backgrounds, and experiences leads to the best outcomes,” said SmartBiz Chief People Officer, Omer Cohen. “On our mission to equip every entrepreneur with reliable access to capital, 60+% of our funded loans have gone to women-, minority-, and veteran-owned businesses. We are proud of the work we do and we are committed to our internal team reflecting the diverse customers we serve.”
SmartBiz has a notable track record of supporting minority, women, and veteran business owners. In 2021, at the height of the pandemic, SmartBiz awarded five $5,000 grants for a total of $25,000 to small businesses in the U.S. as part of a grant program. The recipients were chosen from a pool of eligible minority, women, and veteran-owned businesses who applied and outlined how they would use the funds to help their businesses face new challenges and move forward. The company plans to begin accepting applications for the 2022 SmartBiz Grant Program in the coming weeks.
SmartBiz is an award-winning platform for small business financing and was named one of 2022’s “Best Places to Work in Financial Technology” by LendIt Fintech for the fourth consecutive year, and is a certified Great Place To Work®. Additionally, SmartBiz CEO Evan Singer was named “Top 25 Fintech CEOs of 2022” by Technology Innovators.
Mogul’s platform has disrupted the HR Technology industry with patent-pending software filters that allow recruiters to source top, diverse talent in several ways, including by gender, ethnicity, disability status, veteran status, or without limiting search results. No other talent acquisition platform offers this combination of abilities right now.
SmartBiz is the leading AI-powered small business financing platform equipping entrepreneurs with access to the right capital at the right time. To date, SmartBiz has connected borrowers with more than $9 billion in financing while increasing efficiency for its network of banks and trusted lending partners. More than 230,000 entrepreneurs have utilized SmartBiz to access the funding they need to grow, with 60% of loans made to minority, women, or veteran-owned businesses.
SmartBiz was named the Top Small Business Lending Platform by LendIt Fintech® in 2022 for excellence in keeping the economy running through successful loan performance, volume, growth, product diversity, and innovation. Founded in 2009 and headquartered in San Francisco and Austin, SmartBiz is backed by Venrock, Investor Growth Capital, First Round Capital, Baseline Ventures, and Uncork Capital. Learn more about smartbizloans.com.
An innovator in the $200 billion global recruitment market, Mogul is a diversity recruitment platform and one of the world's largest resources for diverse talent. We partner with the Fortune 1000 and the world's fastest-growing companies to attract and advance top diverse talent — from entry-level to executive and board-level worldwide — through our market-leading software and executive recruitment services. Our long-time clients include hundreds of top companies and Fortune 1000 organizations such as Anheuser-Busch, Bain & Co., The Hershey Company, The Honest Company, Shopify, Stanley Black & Decker, and United Healthcare.
With its rapid growth, Mogul supports, invests in, and provides free resources for the economic advancement of individuals in need globally, through international partners such as the United Nations.
Mogul has been named one of the “100 Most Exciting Startups” by Business Insider, “Best Website for Finding Top Talent” by Inc. Magazine, “Top Website for Marketing Your Company” by Forbes, and “Top Online Learning Platform” by Entrepreneur.
With market-leading HR technology, fast-growing executive recruitment services, and a diverse, inclusive online community of executive and board-level talent, Mogul is innovatively paving the way for diverse professionals and the companies that need them.
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Margo Pelak, Global Head of Media Relations