Draftboard

Draftboard is disrupting the traditional hiring process with its innovative approach to new-hire referrals. The company's slogan, "Open-sourcing new-hire referral bonuses," encapsulates its mission to democratize the referral process. By allowing companies to publicly post referral bonuses for new hires, Draftboard empowers Scouts (referrers) to compete for these rewards by leveraging their networks to identify top talent. This unique ecosystem not only benefits individuals by providing opportunities to earn rewards, but also enables companies to access quality talent through a streamlined process. Draftboard's seamless integration with existing applicant tracking systems (ATS) such as Greenhouse and Lever ensures a hassle-free experience for companies, eliminating the need to learn a new tool. Furthermore, the platform operates on a 100% free model for companies, with no SaaS or monthly fees. Instead, companies only pay the referral bonus of their choosing, and Draftboard receives a small portion from Scouts upon a successful hire, ultimately aligning incentives for all parties involved. Founded in 2022 and based in the United States, Draftboard is on a mission to revolutionize the global hiring landscape. The company's disruptive approach and commitment to creating a more inclusive and efficient hiring process make it an intriguing prospect for potential investors seeking to support innovations in the HR tech space. With its focus on empowering individuals and companies alike, Draftboard presents an exciting opportunity to be part of a transformative journey in the world of hiring.