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Finance And Services:

Business For Sale. Investment Opportunity - Recruitment Technology

LISTING DETAILS
Firms For Sale ID:
35103
Vendor reference:
2199
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Business opportunity:
Asking price:
Undisclosed  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Client reference 2199 – an SaaS platform that uses AI to empower both jobseekers and employers to automatically identify, accelerate and match candidates to job opportunities.
The company has a Vacancy Matching Patent Application in process.
This investment will qualify for tax benefits under the S/EIS scheme.
Problem
The explosion of job portals has created impersonal and cumbersome hiring experiences. This has led to unprecedented frustration amongst jobseekers and employers.
There is currently no way for employers to easily identify qualified applicants whilst providing an empowering jobseeker experience.
Job portals today are monetising job-seeker CVs who have no way of benefiting financially from these transactions.
Solution
An SaaS platform for companies to speed up hiring without de-personalising the jobseeker’s experience and lets jobseekers exchange their data for digital currency.
Target Market
Funded start-ups and SMEs – Monthly subscription service with no integration charges.
Enterprise/Business – Monthly subscription service with integration charges.
Job-seekers - Freemium service or £10 annual subscription.
The management team combines 70 years of specialist expertise in hiring, building and leading exceptional teams, digital marketing, tax structuring for SMEs and business growth strategies.
Revenue streams derive from licence fees and associated services.
Investment required: £500,000 in return for equity