Fountain
“Can a high-volume frontline hiring platform become the operational system of record for hourly workforce management at enterprise scale?”
Founded2014
HQSan Francisco, CA, USA
Latest roundSeries C
IndustryVertical SaaS / HR Tech
The story
Founded in 2014 as OnboardIQ, the company rebranded as Fountain and repositioned as a frontline workforce management and high-volume hiring platform targeting hourly workers across industries like logistics, restaurants, and retail. The company raised $100M in a Series C in 2022 to scale its applicant tracking system globally. According to PitchBook, Fountain has since been acquired/merged and now operates as an acquired subsidiary, with its HR Tech SaaS product continuing to serve enterprise clients needing to streamline recruiting at scale.
Last 12 months
Product timeline
2014
Founded as OnboardIQ, an applicant tracking and onboarding platform.· pivot
2015
Participated in Y Combinator (YC '15).· pivot
2022
Raised $100M Series C to expand its high-volume hourly-worker applicant tracking system.· banking
The stack
Payments / PSP
Accounting gap: none