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An employment-referral-automation startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow
Startup of the Year discovers and supports the most promising and innovative startups from around the world through #DailyDealflow, #SOTY Podcast, and more.
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Oct. 14 -16 | Memphis, TN
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Preferhired
Preferhired is a platform where users can refer their network to great companies and jobs for cash.
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Standard candidate sourcing methods are underperforming, and outdated Employee Referral Programs are inconsistent and not being fully utilized due to manual processes. Preferhired makes it easier through automation across devices, utilizing the power of social, while expanding reach beyond internal employees.
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What's Innovative About Their Solution?
Their referral marketplace is recession proof: no up-front cost, and a “pay only for success” model. Users have total control, setting the reward at each accepted step of the recruiting process. Referrers are paid in real-time and 1099s are handled by Preferhired, allowing HR depts. to allocate more time on business needs. We open ERPs externally, creating untapped talent.
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📍 Location
Palm Harbor, Florida
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⚙️ Product Stage
First Full Release
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🏭 Industries
B2B, B2C, Employment and HR
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🤑 Fundraising Status
Active term sheet
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💸 Total Funding
To Date
$500k-$1.5MM
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Big Wins
- Work with CVS, Humana, Express Employment, Six Flags and hundreds of other firms so far
- Signed a shared revenue partnership with both ZipRecruiter and Adzuna
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Contact the Founder:
Michael Bachman
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Further Your Passion For Startups
The Startup of the Year Podcast raises the bar for startups around the world by providing further insight on the emerging companies featured in our Daily Dealflow newsletter and by highlighting newsworthy stories and global trends affecting the startup ecosystem. Thank you to American Airlines and Silicon Valley Bank for your sponsorship! |
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The Daily Dealflow is made possible thanks to the support of our amazing partners.
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2019 Startup Outlook Report
SVB is pleased to present the 10th edition of our annual Startup Outlook Report, focusing on the innovation economies of the US, the UK, China and Canada. Read the report here.
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Startup of the Year is powered by Established, a consultancy focused on helping organizations with their innovation, startup, and communication strategies.
Created by the talent responsible for building the Tech.Co brand (acquired by an international publishing company), we're leveraging decades of experience to help our collaborators further (or create) their brand & accomplish their most important goals.
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Established, LLC is not a broker-dealer and cannot provide assurances and makes no representations or warranties as to the timing or price terms for any purchase or sale of early-stage company equity. Nothing contained in this email constitutes investment, legal, tax or other advice. No information or statements contained in this email should be relied upon in making an investment or different decision. You should review all risks and consult all applicable professionals when making any investment decisions. Information and statements contained within this email and any attachments are solely for informational purposes and does not constitute an offer to sell or a solicitation to buy any securities.
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