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By WRAL Techwire • September 15, 2017

Startup profile: EmployUs, turning employee referrals into hires (+ video)

Find the original story on WRAL Techwire: https://www.wraltechwire.com/2017/09/15/startup-profile-employus-turning-employee-referrals-into-hires-video/

EmployUs is one of the highest profile emerging companies presenting at the CED Tech Venture Conference, given the increasing challenge of finding and hiring the right employees as the unemployment rate shrinks and a shortage of workers with the right skills grows. Here’s the story about the firm, which has strong links to NCSU..

With unemployment dropping to rates not seen in years and more than 6 million jobs available, according to government statistics, EmployUs is aiming to help fill jobs – with the right people.

This app and platform are designed to help companies find workers who come with strong referrals – their fellow workers.

“Companies want to hire more employee referrals because they consistently out-perform hires from other sources like LinkedIn, third party recruiters and job boards in terms of time to fill, cost per hire, and employee retention,” says CEO Ryan O’Donnell.

 

“However, most companies are still manually running their referral programs with email and excel, which prevents them achieving their hiring goals.”

Enter EmployUs, whose app is already generating a great deal of business – and interest from investors.

Why?

“EmployUs created a powerful mobile and web app to automate employee referral programs that predicts the best candidates in an employee’s networks, in order to boost employee engagement and generate more referrals, so companies make better hires,” O’Donnell says.

The startup has already raised $1.5 million from well-known investors Cofounders Capital, Sovereign’s Capital and the Wolfpack Investors Network. Experienced jobs sector executive Jeff Stocks is backing EmployUs as well.

EmployUs will be presenting at the CED Tech Venture Conference on Sept. 19-20 in Raleigh.

This profile is one in a series of participating firms written, edited and published by WRAL TechWire in partnership with the CED.


PROFILE: EMPLOYUS

  • Website: {a href=”external_link-1″}}http://www.employus.com
  • Email contact: support@employus.com
  • Address: 122 E Chatham Street Cary, NC 27511
  • CEO: Ryan O’Donnell
  • How many employees? 10
  • Link to CED Tech Venture Company Profile: https://cednc.org/company-profile/employus

The Q&A:

  • What is the focus of your business?

EmployUs helps companies hire more referrals by automating employee referrals so companies make better hires, faster, for less.

  • What is the top pain point/business application you are seeking to address?

Companies want to hire more employee referrals because they consistently out-perform hires from other sources like LinkedIn, third party recruiters and job boards in terms of time to fill, cost per hire, and employee retention. However, most companies are still manually running their referral programs with email and excel, which prevents them achieving their hiring goals.

  • What makes it unique?

EmployUs created a powerful mobile and web app to automate employee referral programs that predicts the best candidates in an employee’s networks, in order to boost employee engagement and generate more referrals, so companies make better hires. Companies hire EmployUs to increases our their fill rate from employee referrals by seamlessly integrating into their existing applicant tracking systems and recruiting processes.

  • Why should investors be interested in your firm?

Our founding team brings decades of experience in the recruiting industry, the fast-growing HR Tech market, and email / marketing automation software in addition to having successfully started and scaled their own start-ups amounting to over $1B in exits. Some highlights include having a former CEO of Manpower, the first sales hire at SAP FieldGlass, and the head of product / integrations at PeopleFluent.

  • How are you financed at this point?

EmployUs has raised $1.5M in VC funding from Cofounders Capital, Sovereign’s Capital, the Wolfpack Investors Network, and several notable angel investors like Jeff Stocks and John Replogle.