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Karim Akhlal, CEO Recrout.com [email protected]

Recrout: We Empower People

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HR Tech Europe 2014

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Page 1: Recrout: We Empower People

Karim Akhlal, CEO [email protected]

Page 2: Recrout: We Empower People

PROBLEM• Hiring people with the right personality and

attitude, who are smart and motivated is hard, really really hard.

• Costs a lot of time and money and can be very frustrating! Recruiters lack knowledge to select on gut feeling and keywords in resume

• Most important aspects companies look for: Skills, Competency, Culture and Attitude

Page 3: Recrout: We Empower People

PROBLEM

Traditional hiring methods:

Don’t help you discover who is (and isn’t) the perfect fit

Takes a lot of time

Costs a lot of money

Create a lot of mismatches

Page 4: Recrout: We Empower People

Solution• Recrout is a matching platform that matches

people with jobs and companies based on soft-skills.

• We combine social science and technology to create tools that help companies discover the best candidates. Based on facts not gutfeeling.

Page 5: Recrout: We Empower People

Vision

• We believe that people are most effective and successful if they work from their talents and skills, their core, the most dominant part of their personality.

• We want to empower people to use their true talents to deliver great performance and achieve success at work.

• We believe its time to make psychology accessible and easy to use in service of mankind.

Page 6: Recrout: We Empower People

BUSINESS MODELCompanies: Pay per performance

€99,-

Accept job

applicant

€99,-

Buy Profile

€99,-

Buy assessment

report

Page 7: Recrout: We Empower People

BUSINESS MODEL

Candidates: Free! Only pay for full assessment report and premium account.

€29,-

Buy assessment

report

Page 8: Recrout: We Empower People

Team

6 years in HR and recruitment. Bachelor degree in HRM, Former founder of Global Talents and Flamingo.

CTO

Karim Roel

CEO

10+ years IT experience. Master degree Computer Science. Previous at Nimbuzz and founder of purewebsolutions

YOU?

CMO

Page 9: Recrout: We Empower People

COMPETITORSWas never set up as recruitment platform

No matching

No insight in soft skills

People hate recruiters on Linkedin!

Old school

Match on keywords

Resumes not up to date

Page 10: Recrout: We Empower People

MARKET SIZE RECRUITMENT

$80 Billion onlineRecruitment

$400 Billion Worldwide!!

$18 Billion in NL alone

Page 11: Recrout: We Empower People

NICHE MARKET SIZE

20-25 million grad students

global

60 million young professionals

worldwide

600-800k NL alone.

Page 12: Recrout: We Empower People

Milestones Fully Bootstrapped our startup, released Beta Phase 15/08/2014

Invited to exibit Recrout at one of the biggest HR conferences HR Tech Europe 2014

(october 23/24)

Invited to exibit Recrout at the best tech conference in the world Web Summit Dublin.

(november 4-6)

Partnership with 1 of the largest universities NL

Page 13: Recrout: We Empower People

Milestones

Confirmed meetings with organisations like:

Page 14: Recrout: We Empower People

Milestones

15-8-2014 Launch Beta version for candidates Recrout.com

Heading towards 1000 usersHunderds of assessements providedLots of feedback received Validation that the concept and software works!

01-11-2014 Launch Beta version for companies Recrout.com

Page 15: Recrout: We Empower People

How will we spend it?

Sales & MarketingNew hires (part-time/students)Technology / Product developmentBack office expenses / equipmentExpenses (no salaries)

We are looking for:

€ 100.000,-

Page 16: Recrout: We Empower People

Who are planning on hiring Young professionals coming year or have lot’s of applicants to handle on a yearly base

Who are willing to embrace a better way of recruitment and selection.

That want to help us in our pursuit for the holy grail of recruitment, and will grant us at least one mistake in the process.

We are looking for:

Exiting Customers:

Page 17: Recrout: We Empower People

Karim Akhlal, CEO [email protected]

Will you help us change the world?