Funding

YesGraph Raises $1Million for a Better Referral System for Mobile Apps

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What does YesGraph do?

YesGraph is an analytics and recruitment software company which helps other companies hire individuals who are recommended by those they trust. This recruitment software company makes the exact recommendations on who a new user should be inviting. Apps can integrate their API to form a list of invites to boost the performance of sharing flows.

They do it via a machine learning and social graph analysis which usually the large social networking sites such as LinkedIn and Facebook do. But now YesGraph makes this possible for any company.

YesGraph began building social referral recruiting app, but it realized that the developers will face the same challenges in working with graph data. Then they got the idea and then shifted directions once they closed 2 pilot customers.

How much YesGraph Funded?

YesGraph has raised a $1 M seed round led by the Bloomberg Beta on February 27th, 2015.

Previous Funding

  • $1.3 M in seed round on May 22nd, 2013 by Accel Partners, Lance White, Gustaf Alstromer, Michael Birch, Adam Gross and Andreessen Horowitz.

What is next for YesGraph?

Earlier, YesGraph was focused on using its core engine for developing a better recruiting system, which would help companies find the best talented to join their team by focusing on people who existing employees knew already.

YesGraph aims at presenting the company with most relevant contacts first by automating the rank of a user’s contacts when they invite friends to join an app.

 

More about YesGraph

YesGraph was founded in the summer of 2012 by Ivan Kirgin, the previous head of growth at Dropbox. YesGraph wants to make the invite and referral system of a consumer application  more intelligent, with tool of developers which puts the best contacts who will most likely accept the invitation at the top of the list which will be provided to the users.

YesGraph is currently in the private beat stage, if you want to get notified when it is ready, drop a mail on their website.

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