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ACQUIRED COMPANY
 
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Hired.com  Acquired by Vettery (2020  amount undisclosed )

1455 Market St. Floor 19
San Francisco, CA 94103
USA
415-813-4987
Website Company Summary Management Team
Management

CEO: Mehul Patel (2013)
Finance: Ed Schaffer (11/28/2018) ; Michelle Weaver (6/7/2017)
Technology: Allan Grant ; Joel Hayhurst (9/30/2014) ; Matt Mickiewicz (5/31/2012)
Sales/Marketing: Rick Silvestrini ; Tim Yandel
Board

Outside board: (May no longer be on the board) Tim Guleri (Sierra Ventures Managing Director) Eric Chin (Crosslink Capital Partner) Douglas Feirstein (Hired.com Executive Chairman) Trent Krupp (Developer Auction) Martin Gedalin (Lumia Capital)
Advisory board: Jake Medwell (Humin)
Company

Business description: Hired is the first two-sided marketplace created specifically for Engineers, Data Scientists, Designers and Product Managers who are overwhelmed with job opportunities. We believe recruiting should be transparent, unbiased, and that the talent should be in control. Our one week “auctions” provide upfront offers from vetted and funded companies, dedicated talent advocates, and a $2,000 signing bonus. Our mission is to make hiring, or getting hired, less painful. 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.
Capital

Rounds: 6
Capital raised: 132.7M
Last Round: 30.0M
Ownership: Acquired by Vettery (2020  amount undisclosed )
VCs include: Crosslink CapitalNEASierra VenturesSVB CapitalUncork CapitalGreat Oaks Venture Capital ;  Step Partners;  ACME Capital Lumia Capital Haystack Ventures;  Glenmede Capital;  Investment Management Corporation of Ontario
Angels/other VCs: Jeff Clavier (SofTech VC);  Eytan Elbaz (Google);  Semil Shah (Haystack)
Corporate investors: GVComcast Ventures
Other investors: Ontario Pension Fund

Last Tweets


 

Last Mentions


Overview
Record updated: Nov 2018
Sector: Internet
Year Founded: 2012
Headcount: 151-200 as of Jun 2014
Rounds: 6
Capital Raised: 132.7M
Last Round: 30.0M
Ownership: Acquired by Vettery (2020  amount undisclosed )