About Jobiak
Jobiak is a company based in Woburn (United States) founded in 2018 by Venkat Janapareddy.. Jobiak has raised $2.3 million across 1 funding round from investors including Jane Hirsh, Raj Surapaneni and Joseph Beard. The company has 97 employees as of March 23, 2024. Jobiak offers products and services including AI Job Optimization Platform, Machine Learning Engine, and Google for Jobs Integration. Jobiak operates in a competitive market with competitors including Jibe, Genus AI, Adway, Candidate.ID and Dalia, among others.
- Headquarter Woburn, United States
- Employees 97 as on 23 Mar, 2024
- Founders Venkat Janapareddy
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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 Jobiak Software Private Limited
- Date of Incorporation 07 Jun, 2018
- Jurisdiction Hyderabad, Telangana, India
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Annual Revenue
$1.98 M (USD)127.91as on Mar 31, 2023
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Net Profit
$123.73 K (USD)113.48as on Mar 31, 2023
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EBITDA
$171.56 K (USD)115.48as on Mar 31, 2023
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Total Equity Funding
$2.3 M (USD)
in 1 rounds
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Latest Funding Round
$2.3 M (USD), Seed
Nov 12, 2019
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Investors
& 5 more
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Employee Count
97
as on Mar 23, 2024
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Products & Services of Jobiak
Jobiak offers a comprehensive portfolio of products and services, including AI Job Optimization Platform, Machine Learning Engine, and Google for Jobs Integration. 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.
Uses AI to enhance job postings for better search rankings.
Processes job data for SEO signals and keyword generation.
Optimizes listings for Google's job search engine.
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Funding Insights of Jobiak
Jobiak has successfully raised a total of $2.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.3 million completed in November 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.3M
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First Round
First Round
(12 Nov 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Seed - Jobiak | Valuation | Jane Hirsh , Raj Surapaneni |
| 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 Jobiak
Jobiak has secured backing from 6 investors, including angel investors. Prominent investors backing the company include Jane Hirsh, Raj Surapaneni and Joseph Beard. 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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JH
Jane Hirsh |
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Founded Year | Domain | Location |
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RS
Raj Surapaneni |
Angel investor and entrepreneur, co-founder of InterviewBit and Scaler Academy.
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Founded Year | Domain | Location |
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JB
Joseph Beard |
Angel investor and entrepreneur, co-founder of Blue Sky Ventures, based in India.
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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 Jobiak
| 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 - Jobiak
| 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 |
Jobiak Comparisons
Competitors of Jobiak
Jobiak 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 Jibe, Genus AI, Adway, Candidate.ID and Dalia, 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 |
SaaS recruiting solutions are provided for talent acquisition teams.
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| domain | founded_year | HQ Location |
Platform offering predictive analytics solutions
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| domain | founded_year | HQ Location |
Recruitment marketing firm offering employee branding solutions
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| domain | founded_year | HQ Location |
Cloud-based platform engages passive candidates for enterprise recruitment.
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| domain | founded_year | HQ Location |
Recruitment marketing automation is delivered via a cloud-based sourcing platform.
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| domain | founded_year | HQ Location |
HR communication and recruitment software is provided alongside consulting services.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Jobiak
Frequently Asked Questions about Jobiak
When was Jobiak founded?
Jobiak was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Jobiak located?
Jobiak is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
Who is the current CEO of Jobiak?
Venkat Janapareddy is the current CEO of Jobiak. They have also founded this company.
Is Jobiak a funded company?
Jobiak is a funded company, having raised a total of $2.3M across 1 funding round to date. The company's 1st funding round was a Seed of $2.3M, raised on Nov 12, 2019.
How many employees does Jobiak have?
As of Mar 23, 2024, the latest employee count at Jobiak is 97.
What is the annual revenue of Jobiak?
Annual revenue of Jobiak is $1.98M as on Mar 31, 2023.
What does Jobiak do?
Jobiak was founded in 2018 and is headquartered in Woburn, United States. Operations focus on the recruitment technology sector, where online platforms for job postings are developed. Machine learning algorithms and SEO methods are employed to improve job visibility on search engines and digital channels. High-quality candidate attraction is facilitated through these targeted approaches, supporting companies in their hiring processes across various industries.
Who are the top competitors of Jobiak?
Jobiak's top competitors include Jibe, Candidate.ID and Dalia.
What products or services does Jobiak offer?
Jobiak offers AI Job Optimization Platform, Machine Learning Engine, and Google for Jobs Integration.
Who are Jobiak's investors?
Jobiak has 6 investors. Key investors include Jane Hirsh, Raj Surapaneni, Joseph Beard, Shafiq Lokhandwala, and Rajat Gupta.