How much funding has Grayscale Labs, Inc. raised?

Grayscale Labs, Inc. has raised $12.5M in total funding. Their latest funding round was Series A. Key investors include Atlanta Ventures, Overline VC.

Where is Grayscale Labs, Inc. headquartered?

Grayscale Labs, Inc. is headquartered in Atlanta, Georgia, United States. The company has a team of 51-100 people.

When was Grayscale Labs, Inc. founded?

Grayscale Labs, Inc. was founded in 2017. It is based in Atlanta, Georgia, United States.

How much funding has Grayscale Labs, Inc. raised?

Grayscale Labs, Inc. has raised $12.5M in total funding. Key investors include Atlanta Ventures, Overline VC.

Who is the CEO of Grayscale Labs, Inc.?

Ty Abernethy is the CEO of Grayscale Labs, Inc.. The company was founded in 2017.

Where is Grayscale Labs, Inc. located?

Grayscale Labs, Inc. is headquartered in Atlanta, Georgia, United States.

What funding stage is Grayscale Labs, Inc. at?

Grayscale Labs, Inc. is currently at the Acquired stage.

How many employees does Grayscale Labs, Inc. have?

Grayscale Labs, Inc. has approximately 51-100 employees.

Grayscale Labs, Inc.

Category: AI in HR & Talent

AI-powered recruiting automation platform for high-volume hiring Grayscale Labs, Inc. was founded in 2017. The company is led by Ty Abernethy. Based in Atlanta, Georgia, United States. Team size: 51-100. Total funding raised: $12.5M. Latest round: Series A. Key investors include Atlanta Ventures, Overline VC.

Founded: 2017
Headquarters: Atlanta, Georgia, United States
Team size: 51-100
Total funding: $12.5M

Value proposition

Grayscale automates the recruiting process for companies that hire in high volumes, using AI-powered SMS/texting automation to engage candidates earlier and accelerate hiring workflows.

Products and solutions

AI-powered SMS/texting automation for recruitment, two-way candidate messaging, automated follow-up texts, bulk messaging, interview scheduling, integrations with ATS platforms (Greenhouse, Lever, Workday, BrassRing, ADP, SAP SuccessFactors), mobile app for candidate engagement

Unique value

AI-powered conversational recruiting that keeps hiring decisions human while automating high-volume candidate engagement via SMS, with 99% message open rates and 6-minute average reply time

Target customer

Enterprise companies with high-volume hiring needs across warehousing, healthcare, retail, high-growth tech, and frontline industries

Industries served

Healthcare, Retail/E-commerce, Warehousing/Logistics, High-growth Tech, Frontline/Hourly hiring

Technology advantage

Leverages latest LLMs through Amazon Bedrock for context-aware, natural conversations and autonomous task handling; deep ATS integrations; SMS-native platform purpose-built for high-volume hourly/frontline hiring

How they differentiate

SMS-native platform purpose-built for high-volume hourly/frontline hiring; 99% message open rates; recruiters spend over 90% of time in the ATS (vs. less than 40% for Paradox); deep focus on two-way conversational recruiting rather than just chatbots

Main competitors

Paradox.ai, Fountain, Bluco

Key partnerships

Amazon Bedrock (LLM infrastructure), ATS integrations with Greenhouse, Lever, Workday, BrassRing, ADP, SAP SuccessFactors

Notable customers

Warby Parker, Anheuser-Busch, Centria Healthcare, Amazon Pharmacy, Follett

Major milestones

2021: First institutional raise ($3.3M led by Atlanta Ventures), 2022: Series A ($7.5M led by Atlanta Ventures with Overline VC), 2026: Named Recruiting Platform of the Year by HR.com, April 2026: Acquired by Paylocity (NASDAQ: PCTY)

Market positioning

Niche leader in AI-powered SMS recruiting automation for high-volume hourly and frontline hiring, competing against broader conversational AI platforms

Geographic focus

United States (headquartered in Atlanta, GA)

About Ty Abernethy

Ex-ZuzuHire (Founder); Ex-ConveyIQ (Founder); Managing Director at Chase Professionals. Studied at The University of Georgia.

Latest news about Grayscale Labs, Inc.

Paylocity has acquired Grayscale Labs, bringing AI‑driven recruiting automation to its HCM suite. The tool claims to cut time‑to‑hire for high‑volume roles by up to 30% while keeping final decisions w

More AI in HR & Talent companies

Official website: https://www.grayscaleapp.com/