About HireArt
HireArt is a company based in New York (United States) founded in 2012 by Nicholas Sedlet and Elli Sharef.. HireArt has raised $35.2 million across 4 funding rounds from investors including Three Fish Capital, 500 Global and Felicis Ventures. The company has 2,084 employees as of December 31, 2023. HireArt offers products and services including Vendor Management, Employer of Record, and Sourcing & Recruitment. HireArt operates in a competitive market with competitors including Fountain, Workstream, HourWork, Contra and Jeevitam, among others.
- Headquarter New York, United States
- Employees 2084 as on 31 Dec, 2023
- Founders Nicholas Sedlet, Elli Sharef
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Hireart, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$35.2 M (USD)
in 4 rounds
-
Latest Funding Round
$2 M (USD), Series B
Dec 05, 2023
-
Investors
Three Fish Capital
& 5 more
-
Employee Count
2084
as on Dec 31, 2023
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of HireArt
HireArt offers a comprehensive portfolio of products and services, including Vendor Management, Employer of Record, and Sourcing & Recruitment. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
System for tracking suppliers and managing contracts effectively
Provides modern employment solutions for contract workers
Tool for filling contract jobs and sourcing talent
Unlock access to complete
Funding Insights of HireArt
HireArt has successfully raised a total of $35.2M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $2 million completed in December 2023. 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 Total Funding
- Total Rounds 4
- Last Round Series B — $2.0M
-
First Round
First Round
(01 Jun 2012)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series B - HireArt | Valuation |
investors |
|
| Jan, 2022 | Amount | Series B - HireArt | Valuation | Three Fish Capital |
|
| Jul, 2019 | Amount | Series A - HireArt | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HireArt
HireArt has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Three Fish Capital, 500 Global and Felicis Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Three Fish Capital is involved in unspecified financial activities.
|
Founded Year | Domain | Location | |
|
Venture capital and acceleration are provided to tech startups.
|
Founded Year | Domain | Location | |
|
Investments in technology startups are made by Felicis Ventures.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by HireArt
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - HireArt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hireart Comparisons
Competitors of HireArt
HireArt 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 Fountain, Workstream, HourWork, Contra and Jeevitam, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Users are connected to local experts via a chat-based app.
|
|
| domain | founded_year | HQ Location |
Cloud-based applicant tracking software solutions are provided for recruitment needs.
|
|
| domain | founded_year | HQ Location |
Cloud-based platform for contract workforce recruitment
|
|
| domain | founded_year | HQ Location |
A professional network for future jobs and skills is offered.
|
|
| domain | founded_year | HQ Location |
Blue-collar candidates are matched to employer jobs via algorithms.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Hireart
Frequently Asked Questions about HireArt
When was HireArt founded?
HireArt was founded in 2012.
Where is HireArt located?
HireArt is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of HireArt?
Nicholas Sedlet is the current CEO of HireArt. They have also founded this company.
Is HireArt a funded company?
HireArt is a funded company, having raised a total of $35.2M across 4 funding rounds to date. The company's 1st funding round was a Series A of $5.8M, raised on Jun 01, 2012.
How many employees does HireArt have?
As of Dec 31, 2023, the latest employee count at HireArt is 2,084.
What does HireArt do?
HireArt was founded in 2012 in New York, United States, within the HR technology sector. Pre-screening of job applicants is facilitated through online interviews that replicate actual job scenarios. Operations encompass workforce management, onboarding processes, compliance measures, payroll handling, and reporting tools. The platform supports companies in streamlining recruitment and administrative functions across the United States.
Who are the top competitors of HireArt?
HireArt's top competitors include Fountain, Workstream and Contra.
What products or services does HireArt offer?
HireArt offers Vendor Management, Employer of Record, and Sourcing & Recruitment.
Who are HireArt's investors?
HireArt has 6 investors. Key investors include Three Fish Capital, 500 Global, Felicis Ventures, InterWest, and Y Combinator.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.