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SupportFinity

All Recruitment in One Place With AI

USA, California
Market: Artificial Intelligence
Stage of the project: Operating business

Date of last change: 27.08.2024
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Idea

The super platform for everything hiring and recruitment

Current Status

We have two streams of revenu:

1) Revenue from subscriptions:

1,000% MRR MoM growth (10x) (We launched on 30th of June 2024)

2) Revenue from pay-per-usage:

~$3k MRR

~60,000 registered users (job searchers)

Market

Startups and entrprises in the Bay Area will be our first GTM.

Problem or Opportunity

Hiring is still a very random, complex and inefficient process. Average company in the US integrated ~18 tools to streamline the hiring process, and the experience is always average or below due to the aggregation of cost and inefficiencies along the recruitment process.

Solution (product or service)

In the age of AI, we believe in super platforms that can do more with less, this is what SupportFinity is doing, it can actually be a new category-defining platform.

One subscription for everything recruitment and hiring that automates fully every aspect of the hiring process and cut the time and cost to hire by more than 90%.

Competitors

Classical ATS applications like:

Lever.com
Greenhouse.com

Advantages or differentiators

No integration needed to use SupportFinity.
No implementation needed.
Using AI along every step of the recruitment process.
GTM is very different, freemium then reverse trial.
The only ATS in the world with its own community.
Creating assessments on any topic with AI.
Salaries anywhere WW (features by G2).

Finance

Revenue stream:

Subscriptions
Pay-as-usage

ARPU/mo: $250

We expect the following revenue fugures for the coming three years:

2024: $250k
2025: $2m
2026: $5m

Business model

- Subscriptions
- Pay-per-usage

Money will be spent on

Marketing 35%
Sales 25%
Product development: 15%
Others: 25%

Offer for investor

We are raising $2m now.

Team or Management

Risks

We believe we only need the right capital to grow now.

Incubation/Acceleration programs accomplishment

NA

Won the competition and other awards

We were awarded the following:

Top companies in San Francisco to work with by International Business Times.

Our job board got to the top 10 list of G2's best free job boards in 2024.

Invention/Patent

We have a patent pending with the USPTO.

Product Video

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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
Presentation