RecruitLoop operates a hiring marketplace that connects companies with independent and freelance recruiters via an online platform. The site uses a zero-commission, hourly-charged model and claims to offer recruitment services at about 10% of traditional cost, with features like pay-for-what-you-need, recruiter feedback, and video candidate screening. Founded in January 2011 and emerging from Sydney’s FishBurners co‑working space, the company reports a network of over 75 independent recruiters across Australia, New Zealand, Dubai and the U.S. west coast. Clients include DesignCrowd and eBay, and sample completed jobs show recruitment fees of $2,040, $1,017 and $1,450 with hires completed in less than twelve hours; typical salaries range from $40,000–$250,000. RecruitLoop has closed a $500,000 seed round and until now had been funded by revenue and initial investments from the co‑founders. The company plans to use the new funding to expand its recruiter network and grow its presence in North America.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2013