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Entelo was founded in May 2011 and launched in October 2012 with an undisclosed amount of seed funding. [1] [2] Initially, Entelo offered two products: Search, which allowed recruiters to browse over 300 million social profiles using standard Boolean search, and Sonar, a predictive algorithm used to determine which candidates were most likely to leave their current job. [3]
A 2022 industry newsletter ranking of the largest executive search firms in the Americas listed estimated revenues of 50 firms, with top five being: Korn Ferry, Russell Reynolds Associates, Spencer Stuart, Heidrick & Struggles, and Egon Zehnder. Each of them had more than U.S. $450 million in estimated revenues, and more than 300 consultants.
In 1972, the company diversified into the field of job placement by buying Management Recruiters International, a firm that focused on providing permanent management talent for clients. [3] In 1973, Comprehensive Designers, Inc. changed their name to CDI Corporation. [2] The company became listed on the New York Stock Exchange in 1988.
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The company is backed by investors SoftBank Group and Hearst corporation, [6] [7] and provides diversity recruitment software and diverse executive and board search services to Fortune 1000 clients including Chanel, UBS, Bristol Myers Squibb, Intuit, EBay, Nike, Inc., and Amazon (company).
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