Hiring Platform Weekday Raises $2.2 Mn In Seed Funding
Weekday, a Y-Combinator-backed startup, has raised $2.2 million in a seed funding round led by Venture Highway with participation from several influential angel investors.
As per the startup, the freshly raised funds will be used to bolster its current team, thereby enabling more remote hiring.
Additionally, the raised funds will also be used to deepen Weekday’s footprint in the engineering market and its expansion into other domains.
Weekday | Hiring Platform
Founded by Amit Singh, Anubhav Malik, and Chetan Dalal in 2021, Weekday is a hiring platform that helps companies hire engineers vouched by other techies. Headquartered in San Francisco, with a registered India office in Indiranagar, Bangalore, Weekday is a sourcing engine where startups can not only find candidates and do outreach to them automatically but also get reference checks on them in an instant.
Speaking about the development, Amit Singh, CEO and co-founder of Weekday, said,
“People check and rely on reviews nowadays for everything, be that going to a restaurant or buying anything on e-commerce. But, when it comes to making the important decision of hiring someone, they are happy to rely on a self-reported resume. This creates a detrimental cycle for both employers and the candidate. We want to change that.”
As per Amit, Weekday wants to solve the problem of lack of trust in the hiring process. He believes that a recruiting platform with “references” as the cornerstone is the solution that solves all hiring problems.
The startup is currently focused on companies hiring remote software engineers. As per the startup, it plans to focus on onboarding more candidates while expanding the company partnerships.
Additionally, the Y-Combinator-backed startup expects to onboard over 250,000 active job seekers by 2025. In the same timeline, the startup expects to onboard around 2 million passive seekers, backed by peer references for recruiters from 1000-plus companies.
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