M&A Deal Summary

Paradox Acquires Traitify

On August 23, 2021, Paradox acquired software company Traitify

Acquisition Highlights
  • This is Paradox’s 1st transaction in the Software sector.
  • This is Paradox’s 1st transaction in the United States.
  • This is Paradox’s 1st transaction in Maryland.

M&A Deal Summary
Date 2021-08-23
Target Traitify
Sector Software
Buyer(s) Paradox
Deal Type Add-on Acquisition

Target

Traitify

Baltimore, Maryland, United States
Traitify is a human insight platform that uses patented mobile-first, visual-based assessment formats to unlock the potential of high-volume workforces. Traitify was founded in 2011 and is based in Baltimore, Maryland.

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Buyer(S) 1

Buyer

Paradox

Scottsdale, Arizona, United States
Category Company
Founded 2016
Sector Software
DESCRIPTION

Paradox is a conversational AI and workflow automation software platform that serves human resources functions in companies. The company offers an AI-powered recruiting assistant, named Olivia, focused on capturing candidate data, answering general candidate questions, qualifying leads, and scheduling interviews. Paradox was founded in 2016 and is based in Scottsdale, Arizona.

DEAL STATS #
Overall 1 of 1
Sector (Software) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Maryland) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
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