Investment Spotlight: HeyHire, LA26

Hiring high-quality employees is a challenge for local businesses. Managers’ inboxes are often cluttered with non-local or unqualified applicants, while the most qualified candidates are hard to find.

HeyHire allows businesses and local applicants to find and communicate with each other on one platform.

How it works:

• Hiring managers post and share jobs through the app’s local map, social media, and custom QR codes.
• Local job seekers can use the map to search for jobs based on their daily commute. Passersby can find potential jobs simply by scanning the QR codes displayed on the businesses’ windows or tables.
• Managers communicate through the app to set up interviews, which the job seeker receives as an SMS.

Co-founders and brothers Daniel and Benjamin Sakhai joined the LAUNCH Accelerator’s 26th cohort, where we invested $100K. In less than half a year, HeyHire fully staffed over 70 businesses and increased employee retention at those businesses by 35%.

HeyHire launched in Austin, TX, in 2022. By May 2024, they reached $50K ARR and retained an average time-to-hire of two days for nearly 4,000 hires. To date, HeyHire has staffed over 200 businesses and increased employee retention at those businesses by 2-4x by ensuring all new hires were local.

The team is about to release HeyHire NOW! — a feature designed for catering and event staffing. It offers businesses instant, unlimited access to relevant shift-seekers for $500/month.

If you're a builder-founder interested in fundraising and growth, we’d like to hear from you! We review applications on a rolling basis. Learn more and apply at https://www.launch.co/apply.

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