Tech Pitch: hackajob
Having raised funding before a "single line of code was written", the student founders explain how their start-up is in prime position to disrupt the tech recruitment sector
Company name: hackajob
Founders: Mark Chaffey (20) and Razvan Creanga (23)
Background: King's College students
Based in: London Bridge
Very simply, what does your tech start-up do?
- Online marketplace that uses a unique set of data points to match users with jobs
- Provides a more engaging job hunting process for users – allowing them to complete job-specific coding challenges to get a job
- Sources and screens technical candidates for companies
hackajob is a data-driven, engaging recruitment marketplace, that matches user’s with jobs using a variety of unique data points, and then screens their skills with job-specific tests and coding challenges (we call them hacks, sounds better).
We started working on the idea five months ago,launched the first beta platform in mid-December and since have attracted more than 5,000 users, with 2,000 hacks being completed and over 300 candidates to interviews. We’re now a team of six and are looking to hire additional staff.
Tell us why there’s a need – what do you disrupt?
Recruitment is ripe for disruption – companies still rely on recruitment agencies, who charge extortionate success fees, to source candidates. There has been a rise of recruitment platforms over the last few years, but none have tackled the problem of making the job-hunting process more engaging for users.
Furthermore, screening candidate’s technical skills requires a lot of valuable developer time, early in the hiring process. We’ve taken these factors to create what we believe to be a much more engaging platform for users, whilst also providing more valuable information to companies and saving them time and money in the process.
Are you funded?
We raised £15,000 from an angel investor at the idea stage, before a line of code was even written. We are now in the process of raising £250,000 and have almost closed the round.
What were you doing before starting?
Creanga: A recent alumni of King's College London. Creanga was completing his masters at King’s whilst launching two start-ups Backers Club and 3D Ventures. Creanga loves all things product – building and marketing wicked innovative solutions.
Chaffey: Chaffey is a third year student at King's and shares a similar desire for doing everything but studying whilst at university. He is the vice-president of the Business Club at King’s and recently won The National Student Apprentice competition. Chaffey loves all things sales and marketing.
What’s the best thing about where you’re based?
Being based in London provides us access to some of the UK’s top tech talent from the numerous world class universities as well as Silicon Roundabout. There are constantly events being held to showcase technology and to learn from other start-ups. They also provide fantastic opportunity to meet the many business leaders and potential investors based out of London.
Most importantly we have a great view of the Shard and awesome lunches from Borough Market!