Total amount raised
$132.7 Million
Latest funding date
6/1/2018
Location
Hired has successfully raised significant funding over multiple rounds, attracting a diverse group of investors. The platform specialized in connecting top talent with companies before the Adecco Group acquired it through its Vettery business in 2020.
What Is Hired?
Hired was a San Francisco-based tech job marketplace, founded in 2012. The Adecco Group acquired it through its Vettery business in 2020.
How Much Funding Has Hired Raised?
- Seed Round
- Amount Raised: USD 2,700,000
- Date: January 2013
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop the initial platform and validate the business model.
- Series A
- Amount Raised: USD 15,000,000
- Date: March 2014
- Lead Investors: Crosslink Capital, Sierra Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand the team and scale the platform to meet growing demand.
- Series B
- Amount Raised: USD 15,000,000
- Date: December 2014
- Lead Investors: Sierra Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To enhance the platform's features and expand into new markets.
- Series C
- Amount Raised: USD 40,000,000
- Date: February 2016
- Lead Investors: Lumia Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To accelerate growth and invest in marketing and sales efforts.
- Series C
- Amount Raised: USD 30,000,000
- Date: November 2016
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue scaling operations and enhance the platform's capabilities.
- Series D
- Amount Raised: USD 30,000,000
- Date: June 2018
- Lead Investors: Investment Management Corporation of Ontario
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To build a subscription-based model for hiring and leverage data science to improve hiring practices.
Total Amount Raised: USD 132,700,000. Current Valuation: Not publicly disclosed.
Key Investors
Here are some of the major investors in Hired:
- Investment Management Corporation of Ontario (IMCO)
- Details: IMCO is a leading investment management firm that provides investment services to public sector clients in Ontario, Canada. They focus on generating long-term value for their clients through diverse investment opportunities.
- Investment Focus Areas: Technology startups, public sector investments, enterprise software.
- Notable Investments: CDK Global, Corsair Gaming, Leo Pharma.
- Lumia Capital
- Details: Lumia Capital is a venture capital firm that partners with technology companies in emerging markets. They provide growth capital and strategic support to help companies scale globally.
- Investment Focus Areas: Technology, emerging markets, growth-stage companies.
- Notable Investments: PagerDuty, Procore, Careem.
- Sierra Ventures
- Details: Sierra Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology companies. They have a strong track record of helping startups grow and succeed.
- Investment Focus Areas: Enterprise software, cloud computing, cybersecurity.
- Notable Investments: Phenom, Spectro Cloud, Reify Health.
- Crosslink Capital
- Details: Crosslink Capital is a venture capital and growth equity firm that invests in early-stage and growth-stage companies. They focus on building long-term partnerships with entrepreneurs.
- Investment Focus Areas: Technology, consumer internet, financial services.
- Notable Investments: Ancestry.com, Pandora, Coupa.
What's Next for Hired?
In June 2024, LHH, a business unit of the Adecco Group, incorporated Hired into LHH Recruitment Solutions, and hired.com now redirects to LHH.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like Hired and gather other critical business insights. Sign up for free to start transforming your sales strategy today.
