About Aircto
Aircto is a Technology company based in Bengaluru (India) founded in 2015, and was acquired by Gojek in June 2019. It operates as a cloud-based platform for technical talent recruitment is utilized. Aircto has raised $139.64 thousand across 1 funding round from investors including Gojek, Francesco Cara and Francesco Carante. Aircto was last valued at $947.81 thousand in July 2017. The company was acqui-hired. Its focus areas include Enterprise Applications, HRTech, Applicant Tracking System and Assessment Platform. Its legal entity in India is Launchyard Technologies Private Limited (U72200KA2015PTC078626). Its competitors include HackerRank, CoCubes, Filtered, Codility and HackerEarth and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Aircto, product by Launchyard, offers cloud-based recruitment platform for hiring technical talent. Service is focused towards technical recruitment. Companies share candidate list along with the detailed job description including a set of keywords like Python, Ruby, Javascript, ReactJS, Objective C. Based on the data provided potential candidates are interviewed. Expert conducts one-on-one video interview and a report on the candidates technical ability is generated. Raised an undisclosed amount in angel investment from former Nokia director Francesco Cara in July 2017. Citrix, Toppr, Kuliza, Haptik, and BangTheTable constitute their clientele.
- Headquarters Bengaluru, India
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website aircto.com
- Social LinkedIn X Facebook
- Acquired by Gojek (Jun 2019)
- Legal Name Launchyard Technologies Private Limited
- Date of Incorporation 30 Jan, 2015
- Jurisdiction Bangalore, Karnataka, India
Associated legal entities of Aircto
Aircto operates through Launchyard Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2021) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Launchyard Technologies Private Limited CIN U72200KA2015PTC078626 | Active | 30 Jan 2015 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
Funding Insights of Aircto
Aircto has successfully raised a total of $139.64K through 1 strategic funding round. The most recent funding activity was a Angel Round of $139.64 thousand completed in July 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $139,643
- Total Rounds 1
- Last Round Angel Round — $139,643
- First Round $139,643
(Jul 2017)
- Investors Count 2
All 1 funding rounds of Aircto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2017 | $139,643 | Angel Round | $947,811 | Francesco Cara, Francesco Carante | – |
Last known valuation $947,811 (Jul 2017). 3 investors in total: 1 institutional and 2 angel.
Investors in Aircto
Aircto has secured backing from 3 investors, including angel and institutional investors. Prominent investors backing the company include Gojek, Francesco Cara and Francesco Carante.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
App based platform offering on demand delivery and ride-hailing services | 2010 | gojek.com | Jakarta, Indonesia | |
FC Francesco Cara | - | – | unknown_de14be9c46fa4488a | - |
FC Francesco Carante | Angel investor and startup mentor, focusing on Indian tech ecosystem. | – | unknown_3ce38f86908b48ef8 | - |
Investor details for Aircto
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Launchyard Technologies Private Limited (Aircto)
Launchyard Technologies Private Limited is the primary company behind Aircto. The board of Launchyard Technologies Private Limited currently have 2 directors; the longest-serving is Atif Haider, appointed in 2015. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Atif Haider DIN 07040033 | Director | 30 Jan 2015 | 11 yrs 8 mo | Launchyard Technologies Private Limited |
| Ghousia Haider DIN 09399611 | Director | 16 Nov 2021 | 4 yrs 11 mo | Launchyard Technologies Private Limited |
Financials of Aircto
Figures of Launchyard Technologies Private Limited, the primary company behind Aircto, for FY 2021. Revenue was ₹35,650 (-99% year on year). Net loss was -₹1.5 Lakh (-409% margin). EBITDA was -₹1.8 Lakh (-509% margin). Revenue has grown at a compounded annual rate of -75% over three years and -68% over five years.
- ₹35,650Revenue · FY 2021 · -99% YoY
- -₹1.5 LakhNet loss · -409% margin
- -₹1.8 LakhEBITDA · -509% margin
- ₹1.3 LakhPaid-up capital
- -75%Revenue CAGR, 3 years
- -68%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Launchyard Technologies Private Limited are on its company page.
Detailed financial statements for Aircto
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Timeline of Aircto
3 dated milestones of Aircto across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Aircto is founded.
- Funding First funding round of $140K.
- Exit Acquired by Gojek.
Competitors of Aircto
Aircto has 10 listed competitors in our database, 9 of them funded. They include HackerRank, CoCubes, Filtered, Codility and HackerEarth, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| hackerrank.com | 2009 | Mountain View, United States | $114.32M | 106 | Technical skills assessments and developer interview solutions are provided. | |
| cocubes.com | 2007 | Gurugram, India | $1.92M | – | Online assessment solutions are provided for candidates, institutes, and corporates. | |
| filtered.ai | 2018 | Boston, United States | $17.12M | – | Candidates are assessed for technical skills through a cloud-based platform. | |
| codility.com | 2009 | San Francisco, United States | $22.07M | 47 | Programming skills of candidates are assessed via automated online challenges. | |
| hackerearth.com | 2012 | San Francisco, United States | $11.5M | 121 | IT recruitment assessments are conducted via a cloud-based platform. | |
| byteboard.dev | 2019 | San Francisco, United States | $5M | – | Technical skills of engineering candidates are evaluated through cloud-based interviews. | |
| coderpad.io | 2013 | San Francisco, United States | – | 34 | Cloud-based platform enables collaborative coding for tech interviews. | |
| doselect.com | 2012 | Bengaluru, India | $711,636 | 43 | Skill assessment solutions for talent acquisition and development are provided. | |
| hireroo.io | 2020 | Tokyo, Japan | $5.13M | – | Applicant tracking and coding assessments are facilitated via cloud-based platform. | |
| triplebyte.com | 2015 | San Francisco, United States | $48.12M | 14 | Technical hiring is facilitated for YC portfolio companies. |
Detailed competitors of Aircto
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in HR & Workforce Technology
10 companies that operate in the same segment as Aircto (HR & Workforce Technology), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Anonymous employee reviews and job search platform are operated. | 2007 | San Francisco, California, United States | USD 201.5 M | – | 1,695 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, Utah, United States | USD 235.41 M | USD 4.95 M | 1,774 | |
Employee health benefits are facilitated via a cloud-based platform. | 2007 | Plymouth Meeting, Pennsylvania, United States | USD 228.3 M | – | – | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Reward-based crowdfunding is facilitated for content creators and musicians. | 2013 | San Francisco, California, United States | USD 412.1 M | – | 1,218 | |
Virtual physical therapy and digital pain care solutions are provided. | 2015 | San Francisco, California, United States | USD 854.44 M | – | 1,746 | |
Cloud-based HR and financial software is delivered to enterprises. | 2005 | Pleasanton, California, United States | USD 352.3 M | USD 9.53 B | 21,000 | |
Businesses are connected with freelancers via an online marketplace. | 1999 | San Francisco, California, United States | USD 140 M | USD 787.78 M | 600 | |
Tech-enabled mental health solutions for employers are provided. | 2016 | New York, New York, United States | USD 473.73 M | – | 3,902 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 |
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Related news about Aircto
Complete news archive for Aircto
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Frequently Asked Questions about Aircto
Aircto was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Aircto is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Aircto is a funded company, having raised a total of $139.64K across 1 funding round to date. The company's 1st funding round was a Angel Round of $139.64K, raised on Jul 2017.
The primary company behind Aircto, Launchyard Technologies Private Limited, reported revenue of ₹35,650 for FY 2021, down 99% year on year.
Aircto, product by Launchyard, offers cloud-based recruitment platform for hiring technical talent. Service is focused towards technical recruitment. Companies share candidate list along with the detailed job description including a set of keywords like Python, Ruby, Javascript, ReactJS, Objective C. Based on the data provided potential candidates are interviewed. Expert conducts one-on-one video interview and a report on the candidates technical ability is generated. Raised an undisclosed amount in angel investment from former Nokia director Francesco Cara in July 2017. Citrix, Toppr, Kuliza, Haptik, and BangTheTable constitute their clientele.
Aircto's top competitors include HackerRank, CoCubes and Triplebyte.
Aircto has 3 investors. Key investors include Gojek, Francesco Cara, and Francesco Carante.
The valuation of Aircto is $947.81K as of Jul 2017.
Aircto operates through Launchyard Technologies Private Limited.
Yes. Aircto was acquired by Gojek in June 2019.
The legal entities of Aircto currently have 2 directors, including Ghousia Haider, Atif Haider.