Photo - Lower the cost of Recruitment Globally
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Lower the cost of Recruitment Globally

UAE
Market: Services
Stage of the project: Operating business

Date of last change: 11.04.2019
Min investment
$  50.000
Total required
$ 200.000
Rating
equalizer 220 из 1000
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Idea

The Global Recruitment Marketplace connecting Hiring Companies to Freelance Recruiters saving time and money on your recruitment

Current Status

We are operating and have over 600 recruiters currently and over 30 paying clients.

Market

Its a global marketplace we currently aiming for SME's and Startups globally that can use our service and not break their recruitment budget. As we grow and get a name we hope that larger groups will take notice and trust the platform.

Problem or Opportunity

We are attacking the global recruitment market. With Recruiters charging upwards of 15% and making it very expensive for companies to use their services. With our recruitment marketplace we hope to reduce the cost of using recruiters while being able to use recruiters globally for any role!

Solution (product or service)

As mentioned being able to tap into the world of Freelance recruiters - drives down the cost of recruitment while increasing the efficiency of the recruitment process

Competitors

There are a couple using the independent agency model - Hiring Hub in the UK - Bounty Jobs in the US. But non are doing exactly what we are doing connecting Freelancer Recruiters to Hiring companies globally

Advantages or differentiators

The Marketplace is unique from all other platforms

Finance

Kamal Al Samarrai funded the initial development and launch with 100,000USD... the platform now has very little running cost as we acquire clients.

Business model

Dawaami collects all payments when a placement has been made. We hold it in escrow for up to 90 days.
We take a commission of 20% of the fee that the hiring company when we release the payment to the freelance recruiter.

Money will be spent on

Business development & sales people
Marketing

Offer for investor

I am offering 30% of the company for 200,000USD

Team or Management

Risks

The risk is that we don't get enough good roles on the platform and the freelance recruiters on the platform dont return to the platform for lack of activity.

Incubation/Acceleration programs accomplishment

Non as of yet

Won the competition and other awards

Non

Product Video

Website address

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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video
Website address