My Ally is a recruiting chatbot tool that schedules 20,000 interviews a month. Phenom offers a talent experience platform and serves hundreds of enterprise firms like Newell Brands, Brother, Southwest Airlines, and more. Today, Phenom announced the acquisition of My Ally, and while it’s an exciting time for people at both companies, it’s also an indication that the market is continuing to heat up for tools and capabilities around the automation of recruitment practices.
Congratulations to both companies on this announcement! Here’s the announcement followed by analysis:
Phenom, the global leader in Talent Experience Management (TXM), today announced its acquisition of My Ally, an AI-based HR technology company. Known for its expertise in automation, My Ally reinforces Phenom’s ability to deliver an intelligent, omni-channel interview scheduling experience. The acquisition comes just eight months following Phenom’s $30 million Series C funding round.
“With Phenom’s first acquisition, we are executing on our growth strategy of constant innovation, enabling organizations to deliver the world’s best talent experiences,” said Mahe Bayireddi, CEO and co-founder at Phenom. “My Ally has proven that its strong automation technology can scale to provide enterprise-level solutions, and their curious, energetic culture fits well with our own. We welcome My
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