Today, the Paradox team is thrilled to announce the acquisition of Spetz.io, an Israeli startup helping clients like EY and Sodastream modernize candidate communications through mobile chat and automated conversations.
You can read more about the acquisition in our press release, but the driver for the acquisition was clear: Two teams with a shared vision, shared values, and the opportunity to rapidly expand Paradox's global footprint, R&D capabilities, and client services.
Founded in Tel Aviv in 2017, Spetz has quickly developed a reputation as a product-led, client-centric startup in Israel — a country with a rich history of building world-class AI and machine learning technologies.
At a high level, this acquisition highlights our strategic investments in global innovation and world-class client services. But it wasn’t just about creating another R&D center. Just as important, the Spetz’s team’s vision, mission, and values closely aligned with Paradox.
Ultimately, this acquisition is all about aligning with incredibly smart people who share our passion for building products that recruiting teams love. We were so impressed with the Spetz team’s growth, and even more impressed with their vision for what we can build together.
Yam Dvir, the co-founder and CEO of Spetz, said it all in our press release:
“When we met with the Paradox team we immediately saw a massive opportunity to build something bigger than ourselves. Combining our expertise with Paradox’s vision and momentum as a clear category leader is really one of those ‘the whole is greater than the sum of its parts’ opportunities.”
This marks a big step forward for our team and our clients, and I can't wait to see what 2021 brings. Welcome to the Paradox family, Spetz team!