Seattle startup AdaptiLab sells interviewing software to CoderPad as founders pursue new idea – GeekWire
Seattle startup AdaptiLab has sold its technical interviewing platform to CoderPad and its founders plan to launch another new company.
Founded in 2018, AdaptiLab’s software helps hiring managers interview candidates for machine learning and artificial intelligence roles. It lets users create coding challenges and get stack rankings of applicants. Customers include Pinterest, Convoy, Experian, and others.
CoderPad also offers an interviewing tool designed for potential engineers. The 8-year-old company, which raised funding from Summit Capital last year, will add AdaptiLab to its product suite. Terms of the deal were not disclosed.
AdaptiLab raised a $1.8 million seed round in 2019 after graduating from Techstars Seattle, and raised $2.2 million total. The company was co-founded by James Wu and Allen Lu.
Wu, who appeared on GeekWire’s Elevator Pitch show, said he and Lu are now working on a new secretive company with support of AdaptiLab’s previous investors, along with new backers.
“We’re planning to do a public launch later this year,” Wu told GeekWire. “We’re targeting the developer market. The product will be for individual developers and development teams in companies and open source projects.”
AdaptiLab’s investors included Bellevue, Wash.-based venture capital firm Trilogy Equity Partners, and angel investors such as Ken Glass, Sarah Imbach, Bharat Shyam, and Kirby Winfield.
Other Seattle-area startups aiming to help companies do a better job of finding employees amid a heated battle for tech talent include Karat, SeekOut, Textio, Candidate, and Fizbuz.