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5.31953654449826E-05 -0.000218611090869145 -3.64351818115241E-05 0.00189462945420112 -0.00623041608977621 -0.00926838154922384 -0.0110034249070902 -0.0161407855425197
Stock impact report

Paraform raises $3.6M seed round to connect startups with recruiter networks [Yahoo! Finance]

DoorDash, Inc. (DASH) 
Company Research Source: Yahoo! Finance
sometimes also asked to leave when companies decide to cut headcount. Indeed, tech firms cut up to half of their recruitment teams when they were laying people off in droves back in 2022 and 2023. Paraform , a recruitment platform aimed at startups, feels there's an opportunity in tapping the pool of laid-off recruiters who have since branched out to start their own business, and helping startups source talent and access a broader talent network. To fund that effort, the company recently raised a $3.6 million seed round led by A* , a venture capital firm founded by Kevin Hartz — the co-founder of Everbrite and Xoom, and AirBnB's first investor. “During the 2022 and 2023 wave of tech layoffs, we saw 100,000 recruiters laid off, driving many recruiters to go independent and start their own recruiting business,” John Kim, CEO of Paraform, said in an exclusive interview with TechCrunch. “This has left many independent recruiters with valuable skill sets and high-quality networks avail Show less Read more
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