|Description||Marketplace for recruiting tech talent|
|Series A, 1/2013 |
New Enterprise Associates
Hired is the first two-sided marketplace created specifically to match high quality technology talent with the best job opportunities. We admit 200-250 new participants into our marketplace each month (out of over 2500 applicants) and connect them with over 600 leading companies, ranging from Open Table, FaceBook and Twitter to leading early stage startups. We are currently focused on developers, UX/UI designers, product managers and data scientists in the Bay Area, NYC, Boston, LA and Seattle…but growing quickly.
We believe recruiting should be transparent, unbiased, and painless…and that the talent should be in control. Our one week processes provide upfront offers from vetted and funded companies, dedicated talent advocates to support our participants through the recruiting process, and signing bonuses of $3000 - $5000. 90% of our participants receive an upfront offers and hires are made on our platform in under 15 days vs over 60 for an agency.
Hired began its life as DeveloperAuction.com—an idea the founders dreamt up over Indian food, beer and rap music at an Irish bar in San Francisco in April 2012.
The team expressed frustration about past dealings with expensive recruitment agencies, and contemplated that the most popular recruitment tool amounted to “shopping for a house using a phonebook”.
The very next morning, Doug purchased the DeveloperAuction domain name and forwarded Matt and Allan the receipt. They got to work, launching the first auction during Burning Man, which netted $30 million in offers on 88 Engineers. Today, after we are already the biggest recruiter in the Bay Area by placements alone.