CED Tech Venture profile: EmployUs, connecting employers and job seekers

EmployUs is off to a fast start, having already won an NC IDEA grant and successfully closing on $750,000 in seed investment capital. The Raleigh startup takes its employer-job seeker message next to CED Tech Venture as a presenting firm.

Led by founder and CEO Ryan O’Donnell, EmployUs provides a platform through which people making referrals about employee prospects can earn as much as $10,000 if the company makes a hire.

Here’s the profile Q&A if EmployUs, presented through a partnership between WRAL TechWire and the Council for Entrepreneurial Development.

What is the focus of your business?

EmployUs rewards well-connected professionals by connecting employers and job seekers through trusted referrals. Anyone can connect people they trust to awesome jobs and get rewarded up to $10,000 when their referral gets hired.

From fast-growing start-ups like ArchiveSocial to global companies like Citrix, EmployUs offers employers with unprecedented access to quality applicants, simply post your jobs and start hiring more referrals.

What is the top pain point/business application you are seeking to address?

Recruiting is expensive, time-consuming, and competitive as employers large and small try to win the war for talent. We help employers hire more referrals and reduce their dependency on low-performing job boards and expensive recruiting firms.

Referrals are proven to be an employer’s #1 source of talent, helping them increase applicant quality, lower the cost per hire, and double employee retention.

What makes it unique?

Most recruiting applications and job boards create the feeling of a “Monster” sized black hole. EmployUs has built a powerful mobile app to help job seekers and employers connect.

Job seekers can swipe-through hundreds of open jobs in your area and get recommended by someone you know. Getting someone to vouch for you on EmployUs is 50X more effective at getting you hired than applying on traditional job boards.

Right now, 1 in 5 job seekers land their dream job on EmployUs.

Why should investors be interested in your firm?

EmployUs is taking on a massive and massively broken industry, recruiting. Our seed round was led by a former CEO of Manpower’s largest global operation and the Founder of PeopleFluent.

Since then, EmployUs has signed over 100 employers in the Raleigh-Durham area and have built a recruiting platform that is 50X better than traditional job boards.

While HR Technology has received record amounts of investment, EmployUs is taking on an underserved market helping employers hire more referrals, proven to be their best source of talent.

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