TechCrunch Disrupt 2016 – 6 Startups Transforming the Career and Hiring Industry
Posted By Carrie Wiley on May 9, 2016 at 7:43 pm
This week, GoodCall is at TechCrunch Disrupt exploring the latest developments in education, career and personal finance technology. If you’ve ever used an app like Venmo or Mint, you probably see how technology is improving personal finance every day. But if you’re not in or applying to college, or you’re not in the market for a new job, you might not be aware of everything that’s going on in the world of higher education and hiring.
Founded in August 2015, Yuemey (its name comes from the Japanese word for “dream”) is a new career networking platform that actually launched its mobile app at Tech Crunch Disrupt. Founded by Cary Weir Lytle and Tejas Bodiwala, Yuemey moves users away from traditional career networking sites and long-winded resumes and toward more creative networking. Yuemey offers a more modern user profile with a dream board of hashtags that candidates can identify with, along with personal photos that offer a visual, holistic view into of a candidate. The app also includes social features like groups, chat, file sharing and discussion feeds.
According to Bodiwala, “Yuemey helps build value based on connections and puts you in the middle of conversations that you should be a part of.”
Yuemey is really revolutionizing the professional networking space, however, by using artificial intelligence to improve referrals, hiring and communication through the app. An intelligent, automated “personal career coach” can make recommendations for who to connect with, groups you might be interested in, jobs you should apply for and more. “Companies want to focus on relational hiring and engage early with candidates,” says Lytle, and Yuemey helps them do that.
Founded in April 2015 by Alex Wang, Steven Jiang, Ninh Tran and Xinwen Zhang, HireTeamMate is a recruiting and hiring app that targets the startup market. The company focuses on using artificial intelligence and big data to improve recruiting and hiring processes – they promise a 2 week end-to-end hiring process, and their CrunchBase page claims recruiting that is “5x faster and better.” HireTeamMate also provides private career coaching for job seekers, matching users with companies they might be interested in.
HireTeamMate, which has received $1.5 million in three rounds of funding, also promises to provide its services at a lower cost than some of its competitors – important for startups that are often working with limited budgets. HireTeamMate charges for successful hires on a sliding scale, based on individual hires’ starting salaries, and they offer refunds if the hire doesn’t work out.
MintMesh, which launched a beta in November 2015 and is currently in the process of closing a seed round of funding, is a “referral network” that incentivizes users to refer their contacts for cash rewards. Users can refer their contacts as customers to local businesses, or refer them as candidates for open jobs. Rewards add up every time you refer a contact – you can also request referrals for yourself from your network. Users’ MintMesh influence also increases as they refer more contacts, allowing them to grow their reach.
Sunil Nair, co-founder of MintMesh, told the India Times that MintMesh can reduce the cost of client acquisition by up to 60% – whether your “client” is a customer or a candidate for a job. The app, targeted at small and medium-sized companies who want to cut costs, also uses machine learning and artificial intelligence to find the most accurate, relevant referrals.
Vettery, another recruiting platform, aims to shake up the industry – in part by holding true to time-tested principles like “being able to identify, hire and celebrate the recruiting process.” Vettery makes candidates request access to its database of jobs, posted by a selection of partner companies. Once a user is vetted and approved, they’ll get paired with potential jobs they might be interested in. The idea? To match extremely qualified candidates with the right jobs, benefiting both the job seeker and the company.
Though it just launched in July 2015, Vettery already has some big-name partners, including Uber, Etsy, Hinge, Venmo and Blue Apron – companies that could be a big draw for millennial job-seekers. Another way Vettery is attracting job-seekers? Offering $1,000 to anyone who accepts a job through the site.
#BUILTBYGIRLS, an AOL program, is a platform that aims to tackle the dual issues of women in tech and women in entrepreneurship. According to their website, only 18% of computer science degrees are earned by women, and women represent just 30% of employees at major tech companies. Women also represent just 4% of venture capital partners – and receive less than 10% of venture capital funding.
The organization challenges and inspires young women to be builders, creators and innovators – and then go get jobs in those same roles. #BUILTBYGIRLS hosts programs like apprenticeships, pitch competitions, mentorship and more – they also promote companies and projects helmed by women. GoodCall spoke with #BUILTBYGIRLS Project Manager Danielle Letayf, who said that women can use the platform to network with other women in fields they’re interested in, as well as with companies looking to hire women or support women-driven projects.
The team at Jitjatjo seems to be keeping things under wraps for now – a Google search doesn’t turn anything up, and their website only says “Coming Soon.” However, as best we can tell, the app will be a mobile marketplace for real-time resourcing and temporary staffing needs.
Technology is not only changing how recent graduates get jobs, it’s changing the education landscape as well. Don’t forget to check out the EdTech startups we met in New York City at TechCrunch Disrupt 2016 and see how these companies and other education startups are working to disrupt K-12 and higher education models.