Enabling instant HR matchmaking | B2B SAAS

This is a platform aimed at data sharing between flex workers and recruitment agencies as an initial focus market.

It enables job-seeking flex candidates to retain control over their business candidate data and connect effortlessly whenever they want. It allows interim agencies to obtain more accurate and up-to-date relational data, saving time and making life easier.

The company’s data sharing mechanism operates on a ‘pull’ system rather than a ‘push’ system. Users enter their data only once and then grant permission for access to their data, instead of continuously entering data and filling out forms manually. Thus, the platform gives candidates full control over their data, with GDPR and AVG compliance built-in.

The platform works by creating a ‘live link’ to the candidate’s data. If the candidate’s data is updated, the data at the agencies are also updated in real-time. Users can also revoke their data sharing consent with just one click of a button.

This company is seeking investors to help us realize our plans. The company has developed 2 apps (iOS and Android) and a ‘trusted ecosystem’ to support OO’s services. The company offers a full range of data products and services to exchange business data in an accessible manner.

The benefits for agencies include always having up-to-date and correct data in all business applications, one-click data requests, and a significant reduction in AVG risks and fines. For candidates, the benefits include the ability to track and trace who has your data, one-click data sharing, one-click network updates in case of data changes, and the ultimate convenience, saving time and money.

Business model:

The company operates different business models depending on the stage of the product.

Below is an overview of the revenue models that are being fine-tuned and optimized at this stage:

1. App MRR
   The app, designed to help flex workers secure their business data and save time and costs, is free to start with (= Freemium model). However, if a user wants to connect with more than 7 agencies, a fee is required. The price generally ranges between €19 and €30 per month. There is a price difference between customers who pay monthly and those who pay annually.
2. In-App Purchases
   Currently, there are no in-app purchases, but the company is considering adding options such as a ‘blue checkmark’ feature, data backup, and export services, which could be executed for a one-time fee. Another form of In-App purchases being considered are In-App Advertisements for agencies, by adding an option for ‘promoted agencies’.
3. Connect Pricing (MRR + One-time fee)
   Offering data feed services to all flex agencies with full API integration. The MRR prices vary depending on the volume of data entered, updated, or deleted in a specific business application, the frequency of data mutations, and the type of data we feed.
   The one-time fees are based on the initial connection costs and whether the correct connector/CRM plugin is already in place.
4. CRM Data Cleaning Services
   We provide data cleaning services. The costs of these services are available upon request.
5. API Pricing (MRR)
   Eventually, the company will also charge for API calls through API Credits payment models.

USP’s:

To begin with, it’s important to mention that we are the first in the world to roll out this product. No other company in the world has ‘reversed the information chain’ as we have.

With our platform, we are the first in the world where candidates can manage their candidate data in one app and share it directly worldwide with 100,000 recruitment agencies. If availability or hourly rates change, it’s just a click of a button.

We can easily scale up worldwide, and if we catch on, we can go viral because viral growth is built into our portal kernel.

Investeringsbehoefte:

• Increase brand awareness and initiate publicity;
• Connect with more than 25 agencies in addition to the first 5 agencies we are currently onboarding;
• Expand our user base to over 25,000 or even 50,000 platform users;
• Initiate Monthly Recurring Revenue (MRR);
• Fine-tune our platform to meet the needs of the first 5 agencies through feedback processes.

Ervaring founder(s):

Overige relevante informatie:

• The company is currently in the ‘Market Validation & Monetizing’ phase.
• We have acquired the first five agencies which are, as of writing, connecting to our backend and synchronizing their databases.
• In parallel, we are fine-tuning our pricing model with these agencies and actively listening to what is and isn’t possible.