An employment-referral-automation startup a day keeps the FOMO away.
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Startup of the Year: Daily Dealflow 

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Preferhired is a platform where users can refer their network to great companies and jobs for cash. 
Standard candidate sourcing methods are underperforming, and outdated Employee Referral Programs are inconsistent and not being fully utilized due to manual processes.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.

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.

📍 Location

Palm Harbor, Florida

⚙️ Product Stage

First Full Release

🏭 Industries

B2B, B2C, Employment and HR

🤑 Fundraising Status

Active term sheet

💸 Total Funding
To Date


🙌 Founder Demographics


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

Watch the video

Contact the Founder:

Michael Bachman

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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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