Founded in 2017 by Richard Collins and Beverly Shaw, ClickIQ is an AI-powered programmatic recruitment technology platform, which uses proprietary technology to manage, track and optimise performance of enterprise clients’ recruitment advertising in real-time, focusing job advertising spend where it is needed in a bid to reach the best candidates in the most cost-effective way.

ClickIQ has UK offices in Surrey and Aberdeen. 

Commenting on the deal, Collins and Shaw said: “In Indeed we have found a partner who is truly aligned with our own business objectives and mission. We set out to build a technology platform that offers companies more cost-effective results, greater insight and more effortless control over their recruitment advertising budgets. With Indeed’s support, we look forward to scaling this model to employers around the world.”

The transaction is expected to be completed at the end of the month.

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is [email protected]