CHICAGO— CHICAGO, Dec. 7, 2022 /PRNewswire/ — hunting club , a recruiting startup that leverages the power of connections and technology to help companies find top talent, announces its $40 million Series B co-led by WestCap and Sator Grove. The investment round follows Hunt Club’s $10 million Series A funding in October 2021 and will fuel the company’s national expansion, technology platform enhancements and grow its community by more than 20 000 business leaders who help connect the most innovative companies with the best global candidates. Cold outreach emails don’t work with top talent. Leaders who drive high-growth companies don’t wait for a recruiter to contact them. They have a job and they have their choice of roles and opportunities, but a recommendation from a respected peer can make all the difference. By leveraging strategic talent advice, an organized community of qualified candidates, and technology, Hunt Club is disrupting the talent acquisition industry. When a company is looking to hire a new leader, Hunt Club’s search and matching technology scans and filters the networks of 20,000 business leaders to find the most sought-after talent from a pool of more than 7 million candidates available for recommendation. From there, Hunt Club’s technology launches warm intro requests for the curated list of candidates, resulting in a 6-8x higher response rate. Hunt Club’s community model also ensures that every search is infused with diverse candidates, helping companies build teams with diversity in mind. Hunt Club has achieved several milestones over the past year, including:
- Grow revenue by 156% YoY from 2021 to 2022 profitably
- Placing over 1,000 leaders in high-tech jobs across multiple industries
- Expand national footprint to over 200 teammates, with talent teams in every major conurbation
- Growing the Hunt Club network of business leaders to over 7 million potential introductions, enabling clients to access nearly 10% of all white-collar workers through trusted referrals
“We’re reimagining the entire talent management process. Top talent is not only hard to find, it’s also hard to reach — and traditional recruiting firms aren’t equipped to innovate for their clients,” said Nick Cromydas, co-founder and CEO of Hunt Club. “Our technology bridges this gap by introducing a personalized approach to help companies change their approach to talent acquisition.” Hunt Club is proud to partner with WestCap, a leading growth capital firm led by a team that has founded, invested in and operated technology marketplaces such as Airbnb for over 20 years. The company also announces that Brian Reinken, a partner at WestCap, has joined the company’s board of directors. As one of the founders of Egon Zehnder in the United States, Reinken’s extensive experience partnering with founders, CEOs and boards provides Hunt Club with unparalleled perspective on how to connect its network with the fastest growing companies and investment firms to place world-class talent. . “In recruiting, relationships are everything,” said Brian Reinken, partner at WestCap. “Hunt Club is reinventing the recruiting industry by leveraging technology to harness the power of trusted personal relationships at a time when finding candidates is more competitive than ever. Hunt Club’s approach seamlessly matches people , technology and networks to redefine how companies find it difficult to reach talent.”
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About the Hunt Club:
Hunt Club is a full-service recruitment company powered by technology and community. By developing the largest talent network of business leaders to make reliable pitches to hard-to-reach candidates, Hunt Club is reinventing the way companies source and hire top talent. Hunt Club works with high-growth startups, from seed stage to IPO, and companies transforming their talent pipeline, including goPuff, G2, Typeform, Upwork, Terminus, Made In, SeatGeek and dozens of portfolio companies among the largest VCs and private equity firms.
By leveraging the power of relationships and technology, Hunt Club’s high performing talent scouts can build the right relationships and fill positions much faster. Hunt Club redesigns every part of the search process to provide the most effective and efficient hiring experience for employers and candidates. www.huntclub.com
About WestCap
WestCap is a strategic investment and operating company that partners with visionary leaders to build generational businesses. Our team is comprised of seasoned industry leaders and entrepreneurs who guide businesses through the most crucial stages of growth. Some of our notable investments include Airbnb, StubHub, Ipreo, Addepar, Hopper, iCapital, SIMON, GoodLeap and NYDIG. The company has offices in New York, San Francisco and London. For more information, visit www.WestCap.com.
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