Photo - QPage
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QPage

QPage is a social intelligence sourcing/recruiting software

Estonia
Market: Services, Another, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 15.01.2021
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Idea

Social Recruiting Platform by leveraging social intelligence and network effect.
Democratizing Recruitment by enabling networks and communities.

Current Status

Soft launched in July mid and so far we got more than 4.2 k USD in MRR.
CAC is less than a euro and avg. MoM growth is 109%

Market

SME's and mostly startups, recruiting agencis and accelerators.

Problem or Opportunity

SME's spend $ 4,000 on average to find a candidate in different channels mostly job boards but getting the same result or the same candidate's profiles.
It takes more than 5 weeks on average to hire the one who's fit-in and in these 5 weeks, a startup potentially changes entirely.

On the other hand, they try to shoutout on social media asking for recommendations or stalking Linkedin profiles.

QPage is the solution to turn a company's network and community into a long-term and low-cost recruiting channel. We turn communities and networks into affiliates, recommendations to find, assess and select the right candidates.

Why?
Because people around you are 2 times better than you at assessing a candidate who's fit-in your culture than you.

Solution (product or service)

We provide affiliate, referral, and social media campaigning software to design a job autonomously, design a reward plan, automate the selection workflow, and fire the campaign while tracking the result in real-time.

Competitors

Our main competitors are
The traditional way of shoutouts on social media
Job boards are the primary alternatives but the costly and taking one.
And Crosschq a referral sourcing platform

Advantages or differentiators

We are building an affiliate recruiting tool and that's the very unique ability as we also provide a career site for SMEs and aggregate the published jobs into a large centralized affiliate platform.

We built a state of art CRM inside letting SME's the recruiting process within with the ability to fully automate the whole process.

Finance

Tiers based subscription plan.
We sell subscription from 49 euros/month to 239 and we expect to reach
50k MRR at the end of 2021.
200k MRR at the end of 2022
and 2 m MRR at the end of 2025

Money will be spent on

Enhancing customer service
Empowering Sales funnels
Enhancing product

Offer for investor

Convertible note with a 15% discount rate and $ 5M cap in 2 years

Team or Management

Risks

Founder burn out
The team, performance, and unity
The changes in market needs

Incubation/Acceleration programs accomplishment

We tried to be focused as much as possible. We only took part in the Startup School intensive program by YC

Won the competition and other awards

Got # 2 product of the week on Producthunt and RemoteClan

Photos

Photo 1 - QPage is a social intelligence sourcing/recruiting software
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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