About HyreSnap
HyreSnap is a company based in Bengaluru (India) founded in 2020 by Archit Bindal.. HyreSnap has raised $476.69 thousand across 2 funding rounds from investors including NK Securities Research, Shashwat Goel and Camille Michael Dimitri Abgrall. The company has 1 employees as of December 18, 2024. HyreSnap offers products and services including AI Resume Builder, Outsource Interviews, and Smart Sourcing. HyreSnap operates in a competitive market with competitors including Karat, Incruiter, FloCareer, InterviewVector and Intervue, among others.
- Headquarter Bengaluru, India
- Employees 1 as on 18 Dec, 2024
- Founders Archit Bindal
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ureify Private Limited
- Date of Incorporation 22 Aug, 2020
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$144.85 K (USD)171.79as on Mar 31, 2024
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Net Profit
$-57.5 K (USD)-60.7as on Mar 31, 2024
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EBITDA
$-36.03 K (USD)-3.79as on Mar 31, 2024
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Total Equity Funding
$476.69 K (USD)
in 2 rounds
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Latest Funding Round
$338.09 K (USD), Angel Round
Dec 17, 2022
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Investors
NK Securities Research
& 22 more
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Employee Count
1
as on Dec 18, 2024
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Products & Services of HyreSnap
HyreSnap offers a comprehensive portfolio of products and services, including AI Resume Builder, Outsource Interviews, and Smart Sourcing. 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.
AI platform for quick resume creation for job seekers.
Service for companies to outsource technical interviews efficiently.
End-to-end solution for faster hiring of tech talent.
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Leadership Team
2 people
Software Development Team
1 people
Operations Team
1 people
Frontend Team
1 people
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Funding Insights of HyreSnap
HyreSnap has successfully raised a total of $476.69K across 2 strategic funding rounds. The most recent funding activity was a Angel Round round of $338.09 thousand completed in December 2022. 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 2
- Last Round Angel Round — $338,092
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First Round
First Round
(12 Jan 2022)
- Investors Count 23
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2022 | Amount | Angel Round - HyreSnap | Valuation | Shashwat Goel | |
| Jan, 2022 | Amount | Seed - HyreSnap | Valuation | Mahima Agarwal |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HyreSnap
HyreSnap has secured backing from 23 investors, including angel and institutional investors. Prominent investors backing the company include NK Securities Research, Shashwat Goel and Camille Michael Dimitri Abgrall. 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 |
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Develops high-frequency trading systems and algorithms for global markets.
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Founded Year | Domain | Location | |
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SG
Shashwat Goel |
Angel investor and entrepreneur, co-founder of Zappfresh, focused on agritech
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Founded Year | Domain | Location |
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CM
Camille Michael Dimitri Abgrall |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HyreSnap
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HyreSnap
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Hyresnap Comparisons
Competitors of HyreSnap
HyreSnap 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 Karat, Incruiter, FloCareer, InterviewVector and Intervue, 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 |
Interview services for technical hiring are provided by Karat.
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| domain | founded_year | HQ Location |
Provider of AI-powered interview and recruitment solutions
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| domain | founded_year | HQ Location |
Provider of outsourced technical interview services
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| domain | founded_year | HQ Location |
On-demand technical interviewing panels are provided through a recruitment platform.
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| domain | founded_year | HQ Location |
Cloud-based platform for remote tech interviews is provided.
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| domain | founded_year | HQ Location |
AI powered platform for corporate interviews
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about HyreSnap
When was HyreSnap founded?
HyreSnap was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is HyreSnap located?
HyreSnap is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of HyreSnap?
Archit Bindal is the current CEO of HyreSnap. They have also founded this company.
Is HyreSnap a funded company?
HyreSnap is a funded company, having raised a total of $476.69K across 2 funding rounds to date. The company's 1st funding round was a Seed of $138.6K, raised on Jan 12, 2022.
How many employees does HyreSnap have?
As of Dec 18, 2024, the latest employee count at HyreSnap is 1.
What is the annual revenue of HyreSnap?
Annual revenue of HyreSnap is $144.85K as on Mar 31, 2024.
What does HyreSnap do?
HyreSnap was founded in 2020 in Bengaluru, India, as a provider of AI-driven solutions in the HR technology sector. A smart sourcing platform is utilized by companies to identify and evaluate candidates efficiently during hiring. An AI-based resume builder is also supplied to job seekers for rapid creation of professional documents. Operations focus on bridging employer and applicant needs through streamlined digital tools.
Who are the top competitors of HyreSnap?
HyreSnap's top competitors include Karat, InterviewVector and Incruiter.
What products or services does HyreSnap offer?
HyreSnap offers AI Resume Builder, Outsource Interviews, and Smart Sourcing.
Who are HyreSnap's investors?
HyreSnap has 23 investors. Key investors include NK Securities Research, Shashwat Goel, Camille Michael Dimitri Abgrall, Bharat Vijay, and Ashwani Garg.
What is HyreSnap's valuation?
The valuation of HyreSnap is $3.06M as of Dec 2022.