- Name of Startup: Whire
- Year Founded: 2020
- Website: Whire.net
- Type of company: HRTech (B2B)
- HQ Location: Singapore
Whire is the world’s most efficient and diverse referral-powered recruiting platform.
Problem the startup solves:
Whire’s mission is to help companies find qualified talents quickly, scale job referral programs, fight bias, and enhance diversity. Only 27% of all hires come through referrals. We offer a way to change that.
– Referrals programs have outstanding results yet we limit them to employees
– Internal referrals replicate cultural, socio-economic, and religious backgrounds
– Agency recruitment fees are outrageous, disintermediation will greatly reduce costs
– The hiring funnel should start with high-quality, vetted candidates
Progress and current status:
Whire raised money from investors at 6TDegrees in 2021 and went live with its web-based MVP in May 2022.
A mobile app is expected to be available on App Store and Play Store by the end of 2022.
Whire is now available in its home market, Singapore, as well as Vietnam, the Netherlands, and the UK.
What is a crazy story about the startup?:
Whire managed to dodge every government grant.
The founder being a French national did not get any of the available grants in Singapore. He moved back temporarily to France and the company, incorporated in Singapore, was cut out of the startup highway. The same happened when the founder finally moved permanently to the Netherlands.
The borderless culture is quite a challenge to live by!
What is a company the startup looks up to, and why?:
We love Recruitee, their approach to collaborative hiring and amazing experience makes then the de-facto right choice for startups and SMBs.
The company in four years will be…
Whire will have expanded to the rest of South East Asia and Europe as well as Americas. We will be eying markets such as Australia, Japan and China.
Beyond referral hiring, Whire will be a pioneer of disintermediation in recruitment by empowering humans with technology and ensuring transparency throughout the sourcing process.
Whire will redefine the hiring experience and our network will be composed of both referrers and interviewers, both staking their reputation in exchange of a token (yes, web3, we are looking at you).
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