Weekday Analysis: $2M Raised
What is Weekday?
Weekday is a hiring and recruiting company built around a large searchable database of white-collar professionals. It combines proactive sourcing, AI-assisted outreach, and candidate-facing job tools to connect employers with vetted candidates. The company says it was started after the founders experienced recruiting pain while building their previous startup and later joined Y Combinator.
Location
2261 Market Street #4335, San Francisco, California 94114, United States
Employees
201-500
Founded
2021
Revenue
$12.4-13M
Business Model
Subscription and contingency models for recruitment services generate revenue.
Product Features & Capabilities
- Subscription access to a database of 80% of Indian workforce, contingency recruiting service, AI resume screener, employee network access, Chrome extension for job browsing and AI applications, salary finder, company culture reviews, resume builder, ATS resume scorer.
Pricing
- Personal Plan: Free
- Manage up to 3 projects
- Access basic task management features
- Limited to 1 user account
- Email support
- Pro Plan: $5.00/month
- Everything in Personal
- Unlimited projects and task management
- Advanced task tracking and prioritization features
- Collaboration tools for up to 5 team members
- Priority email support
- Business Plan: $8.00/month
- Everything in Pro
- Unlimited advanced task management
- Customizable workflows and reporting
- Collaboration for unlimited team members
- Dedicated account manager
- Trial Plan: Free
- 15 free credits
- Access email ids and phone numbers
- Outreach tools (email, WhatsApp, and phone call reminders)
- Email support
- Contingency Model: 15% of annual salary
- Dedicated senior recruiter who finds candidates, gets them interested, and schedules interviews
- Unlimited credits
- Free if no hire is done via us
- Full replacement/refund if candidates leave
- Priority email/phone call support
- Subscription Model: Rs 2L-20L/year
- 10k - 150k credits
- Use AI-enabled smart filters to find candidates
- We email, WhatsApp, and call candidates to give you interested candidates
- Collaboration for multiple team members
- Founders will be your dedicated account manager
How much Weekday raised
Seed - $2.2 million
18 months agoLead Investor: Led by Venture Highway with participation from several influential angel investors.
Who are the founders of Weekday
Competitors Overview
Weekday's main competitors in the recruitment platform market include:
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TripleByte: Focuses on technology recruitment, providing a platform for candidates to find programming jobs through technical evaluations. Its emphasis on assessing technical skills is advantageous for candidates seeking programming roles.
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WellFound: Specializes in job matching for startups and tech job seekers, offering tailored services that connect startups with potential employees, enhancing the recruitment experience for those in the startup ecosystem.
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LinkedIn: A well-established professional networking platform that allows recruiters to connect with candidates based on skills and experiences. Its extensive user base and networking capabilities provide significant advantages in reach and visibility.
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JobOffer.com: An AI-powered platform that automates candidate matching and allows recruiters to track and message applicants. It offers free job postings and advanced search features, particularly in the Canadian job market.
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Founders.Careers: Connects startups with top talent, providing personalized candidate recommendations and scheduling interviews, emphasizing a founder mindset.
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Techintern.io: Targets tech talent recruitment, allowing companies to hire contractors, interns, and full-time employees without salary markups, providing a large pool of candidates.
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Phenom: Offers a talent experience management platform and has raised significant funding, making it a strong player in the market.
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iCIMS: Provides cloud-based applicant tracking system (ATS) software for recruiters, with a long-standing presence in the industry.
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Brainshark: A sales-enablement platform that also competes in the recruitment space, focusing on training and onboarding.
These competitors differ in their approaches, target markets, and specific features, such as AI integration, industry focus, and candidate engagement strategies.
Investors
- Venture Highway
- Cloud Capital
- General Catalyst India
- Y Combinator
- Amit Singhal
- Kunal Shah
- Asymmetry Ventures
Market Focus
Weekday primarily focuses on the recruitment industry, specifically leveraging AI technology to enhance the hiring process for companies.
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