Funding

Hired Raises $40M in Series C

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What does Hired do?

Hired, is an online marketplace for tech workers starting with the in-demand tech and sales roles. They are bringing together the companies the job seekers. Users on this company platform get objective guidance during the entire process of the interview from a dedicated Talent Advocate, and the chance to compare new opportunities simultaneously so they can decide what their next career choice has to be with confidence. The employers receive a handpicked access to just a few of candidates who are interested in new roles, and unmatched transparency into competitive offers so they can recruit and hire well. The end result of all this is enjoyable and effective experience is much faster than the traditional methods.

How much Hired was funded?

Hired raised $40M in Series C on February 8, 2016 from Great Oaks Venture Capital, Sierra Ventures, Silicon Valley Bank, Comcast Ventures, Crosslink Capital and Lumia Capital.

Previous funding

  • $2.7M on January 1, 2013 from Eytan Elbaz, Sierra Ventures, Haystack, Crosslink Capital, GV, SoftTech VC, Sherpa Capital,  Ewi Exponent Rendition Communication and Semil Shah.
  • $15M in Series A on March 24, 2014 Crosslink Capital, Sierra Ventures, Sherpa Capital and SoftTech VC
  • $15M in Series B on December 9, 2014 from Crosslink Capital, SoftTech VC, Sierra Ventures, Lumia Capital and Sherpa Capital.

What is next for Hired?

The company has raised a total of  $72.7M in funding to date. It has plans of using the latest funding for expanding into more industries and cities which might include law and healthcare.

More about Hired

Hired was founded in May 1, 2012 by Douglas Feirstein, Matt Mickiewicz and Allan Grant. it is cost free for those seeking a job and those who create profile listing their background and skills. The company accepts about 4% of the applications. Recruiters from big companies such as American Express Co, Facebook Inc and Comcast Corp, pay to target these highly skilled candidates and send them offers through email.

 

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