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ReferMeJob

Job Referral Platform

USA, California
Market: Internet and IT, Information and media
Stage of the project: Prototype or product is ready

Date of last change: 07.10.2020
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Idea

We are building an online platform to help job seekers get hired faster and cheaper with verified referrals and information interviews from real company employees, we call them insiders. In return, company insiders can build their teams, score referral bonus from their companies, and make money on our platform.

Current Status

We started in late April 2020 and completed market research and product development in five months. Our launch is in a week.

Problem or Opportunity

57 million Americans filed for unemployment claims since start of the pandemic. Plus another 3 million college graduates this year are needing a job. This is our opportunity but even in a typical year, 55 million Americans switch their jobs. Linkedin cold emails don’t work and sending out hundreds of resumes on Indeed is useless too in this job market.

Solution (product or service)

We are building an online platform to help job seekers get hired faster and cheaper with verified referrals and information interviews from real company employees, we call them insiders. In return, company insiders can build their teams, score referral bonus from their companies, and make money on our platform.

Competitors

Linkedin has a job referral request feature, but no incentive for members to refer others.

Advantages or differentiators

1. We cover more professional industries. Our first batch of target industries include financial/marketing, information, engineering/energy, and other professional/consulting services. And we will be expanding into other professional fields.
2. We give company insider incentive: they can make money on our platform, unlike Linkedin that does not offer any incentives.
3. 1st to mainstream market: fee-based job referral platform
4. And like a dating site, you get to preview insider’s profile, and decide if you want to get connected with 1 click and pay right away for the service.
We have a simple user interface.
5. And we have a “rate your referral” feature so that high quality insiders will stand out.

Money will be spent on

1/3 of the funding will be spent on paid ads and press release.
1/3 on operation and another 1/3 on patent development.

Team or Management

Incubation/Acceleration programs accomplishment

Not yet.
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video