Software Engineer
Paraform$120,000 - $230,000/year
- Full Time
- Mid-level (3 to 4 years)
About Paraform
Paraform is a platform that enables individuals to become recruiters by utilizing their personal and professional networks. It focuses on the tech startup market, catering to both individuals looking to earn extra income through candidate referrals and startups seeking to hire skilled talent. Users can browse open roles at various startups and refer candidates using a unique link. If the candidate is hired, the referrer receives a monetary reward. Paraform charges companies a fee to post job openings and offers referral bounties, ensuring a transparent and user-friendly experience. This approach helps startups find quality candidates while providing individuals with a way to earn money through their networks. Paraform stands out in the competitive recruitment industry by simplifying the hiring process and making it accessible for anyone to participate.
San Francisco, CaliforniaHeadquarters
2023Year Founded
$4.9MTotal Funding
SEEDCompany Stage
Consulting, Consumer SoftwareIndustries
51-200Employees
Risks
AI-driven platforms may reduce the need for human recruiters, increasing competition.
Global talent pools from remote work may lessen local recruiter network effectiveness.
Economic uncertainty could lead to reduced hiring budgets, impacting recruitment demand.
Differentiation
Paraform leverages displaced recruiters, offering a unique talent pool for startups.
The platform transforms anyone into a recruiter, expanding recruitment capabilities.
Paraform's transparent, user-friendly model attracts both freelance and full-time recruiters.
Upsides
Increased demand for remote recruitment solutions expands Paraform's market reach.
Growing gig economy interest aligns with Paraform's referral-based earning model.
Surge in tech startup funding boosts demand for Paraform's recruitment services.
Funding
Total raised$4.86 M
Latest valuation$18.00 M
StageSEED
SEED
3/31/2024$4
$18.00 M