Drafted

Boston, United States Founded: 2015 • Age: 11 yrs Acquired By Instawork
Employee referral network-based hiring platform
Annual revenue - Latest available
Total funding $6.0M 4 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Drafted

Drafted is a company based in Boston (United States) founded in 2015 was acquired by Instawork in August 2021. Drafted has raised $5.97 million across 4 funding rounds from investors including Slack, Instawork and Accel. Drafted operates in a competitive market with competitors including Circular, Hunt Club, Pursuit, Paraform and Tangent, among others.

  • Headquarter Boston, United States
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $5.97 M (USD)

    in 4 rounds

  • Latest Funding Round
    $1.07 M (USD), Seed

    Dec 09, 2019

  • Investors
    Slack

    & 6 more

  • Employee Count
    Not available
  • Acquired by
    Instawork

    (Aug 03, 2021)

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Funding Insights of Drafted

Drafted has successfully raised a total of $5.97M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.07 million completed in December 2019. 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.

Investors in Drafted

Drafted has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Slack, Instawork and Accel.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Accel is recognized as a leading venture capital firm.
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Investor details for Drafted

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Drafted

Investments
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Investment portfolio details for Drafted

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Drafted

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Detailed financials for Drafted

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  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Drafted Comparisons

Drafted Primary company
Description
Employee referral network-based hiring platform
Location
Boston, United States
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
Premium access

Peer comparison for Drafted

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Drafted

Drafted operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Circular, Hunt Club, Pursuit, Paraform and Tangent, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Integrated logistics for grain transportation are provided by Circular.
Locked Locked Locked
Referral-based recruitment solutions are delivered through an online platform.
Locked Locked Locked
Job-oriented coding courses are offered by this non-profit organization.
Locked Locked Locked
Referral networks for enterprises are enabled via an online platform.
Locked Locked Locked
A platform is provided for jobseekers to connect with tech mentors.
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Detailed competitors of Drafted

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Drafted

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Complete news archive for Drafted

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Drafted

Drafted was founded in 2015.

Drafted is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.

Drafted is a funded company, having raised a total of $5.97M across 4 funding rounds to date.

Drafted was founded in 2015 and is based in Boston, United States. The platform operates in the recruitment technology sector, enabling job seekers to build profiles with skills, education, experience, and CV uploads. Referrals from friends and former colleagues are requested to connect with recruiters. Key features encompass candidate scorecards, engagement tools, and feedback mechanisms. A subscription-based model is employed, with clients including Better.com, Karat, and Toast.

Drafted's top competitors include Paraform, EmployUs and Hunt Club.

Drafted has 7 investors. Key investors include Slack, Instawork, Accel, Lightspeed Venture Partners, and General Catalyst.

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