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Geecko

Geecko is a platform that automatizes developers' relations

USA, California
Market: Internet and IT
Stage of the project: Operating business

Date of last change: 28.05.2021
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Idea

We help corporate to hire IT professionals using HR marketing. Have insight into attracting software engineers with the best efficiency (53x better than hackathon), evaluating hard skills, and building analytics about candidates' value. $750k. ARR, 12 contracts and expansive future vision. $800k raised on Angel stage, finished acceleration at Alchemist and reached break-even.

Current Status

750k. ARR
12 Enterprise clients
80k. registered users database

Problem or Opportunity

In a globalized world the competition for talent is acute. The average hiring cost of one specialist is $25k and continues to grow each year. Only 0.5% of people can be programmers, and the economy needs up to 2% of people to master this profession. In 2020, 30% of jobs were not fulfilled, and this gap is growing because demand outpaces supply. And the problem will be even more significant in 10 years.

Solution (product or service)

In a globalized world the competition for talent is acute. The average hiring cost of one specialist is $25k and continues to grow each year. Only 0.5% of people can be programmers, and the economy needs up to 2% of people to master this profession. In 2020, 30% of jobs were not fulfilled, and this gap is growing because demand outpaces supply. And the problem will be even more significant in 10 years.
We found the most effective way how to attract software engineers' attention. Today, we create interactive HR games and other activities with programmer skill assessments. Our client is HR and Employer Brand. We're working on their KPI—audience outreach.
We are working for inbound funnel efficiency for HR. Usually, we increase outreach confession 7 times.

Business model

Annual service contracts
35% margin
$81k. average contract

Team or Management

5,00
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