EO Advises Qualifi on its Sale to Humanly
EO Advisors, LLC (“EO”) is pleased to announce that it served as exclusive financial advisor to Qualifi Technologies Inc. (“Qualifi”), in its recently completed sale to HumanlyHR Inc. (“Humanly”).
Founded in 2019, Qualifi is a leading provider of automated, asynchronous voice interview software designed to streamline high-volume hiring. Its platform leverages pre-recorded voice interviews, automated candidate communications, and intelligent scheduling to reduce time-to-hire, improve response rates, and enhance accessibility – all while minimizing bias in the screening process. To date, Qualifi’s AI-enabled technology has powered over 400,000 interviews, delivering measurable value to HR teams across industries.
Qualifi was founded by Darrian Mikell (CEO), Devyn Mikell (President), and DeSean Prentice (CTO) and backed by prominent venture capital firms, including Rally Ventures, Armory Square Ventures, and MXV Capital.
“I’m stoked that our paths crossed and that we are joining forces with a company that not only shares our vision for the future of hiring but also lives by the same core values — putting people first and relentlessly pursuing ways to make our customers’ lives better,” said Darrian Mikell. “EO drove an enormous amount of value for our shareholders, management team, and employees. They worked tirelessly throughout the process to ensure we had the best possible terms for our stakeholders.”
The acquisition by Humanly was part of a series of acquisitions, including Sprockets, Inc. and HourWork Inc., aimed at delivering the industry’s first true end-to-end conversational AI hiring solution. The company now offers one seamless platform to source, screen, interview, hire, and retain talent at scale – helping organizations move faster, make smarter hiring decisions, and engage more candidates than ever before.
“While Qualifi was already a leader in its market, the combination with Humanly positions them at the forefront of the AI-driven evolution in talent acquisition,” said EO Partner, Alex Shortle. “We are thrilled to have played a role in forming one of the most compelling, leading-edge HR tech platforms and are excited to see what they are able to build together.”
About EO Advisors
EO Advisors is a boutique investment banking firm specializing in mergers and acquisitions, capital raising, and strategic advisory assignments for middle-market and emerging growth companies.
EO Advisors was established in 2021 to deliver the sophistication and perspective of a full-service investment bank to closely held companies. Our connected and experienced advisors uncover unique business stories, inform strategic direction, and maximize shareholder value by positioning our clients in an insightful and compelling manner, making EO Advisors the trusted partner for discerning owners and entrepreneurs. For more information, please visit: www.eoadv.com.