Communications app provider Slack has exited US-based virtual scheduling technology developer Clara Labs in an acquisition of undisclosed size by talent recruitment software producer TopFunnel.
Founded in 2014, Clara Labs has created an artificial intelligence-driven tool that can be embedded within emails to automatically arrange and schedule meetings and follow-ups in addition to issuing reminders to the attendees.
The tool has been made available to TopFunnel customers in a bid to streamline the process of recruiting new employees on behalf of its clients.
Slack took part in Clara’s $7m series A round in mid-2017 through its corporate venturing unit, Slack Fund. The round was led by AI-focused venture capital fund Basis Set Ventures and included VC firms and existing investors Sequoia and First Round.
Justin Palmer, Clara’s co-founder and co-CEO, said in a blog post announcing the deal: “Clara and TopFunnel share a world view: there is a place for humans in the loop, working alongside technology, especially where there is a lot on the line.
“We both believe that when people and technology come together in a complementary way, we can create an experience that is more than the sum of the parts. This is what Clara and TopFunnel are all about.”