Roikoi operates a passive referral platform that helps companies discover passive candidates identified by their existing employees. The platform is intended to reduce sourcing costs and hiring mistakes by leveraging employee networks. Early customers include HomeAway, InTouch Solutions, Square Root and Zenoss. The company completed a general launch prior to this raise and plans to use new funds to expand operations. Roikoi was founded by Andy Wolfe, who serves as CEO. The company raised $1.7M in venture capital to support its growth plans. ROIKOI is a simple leaderboard-style web app that lets users anonymously rate people in their Facebook network on whether they'd hire and work with them. The product displays leaderboards intended to give recognition to introverted, hardworking people via anonymous peer ratings. Today users sign in with Facebook, choose 'hire', 'fire', or 'skip' for contacts, and a native mobile app is planned. The company says it is not aiming to integrate with HR or recruiting sites such as LinkedIn or Monster. CEO Andy Wolfe (ex‑BazaarVoice employee #75) leads a small team of four full-time employees plus about ten part-timers, including co-founder Ryan Stevens and business-development lead Sam Whiteside. Since launch the site has recorded over 100,000 ratings and roughly 3,000 users, and the team completed a $1.45M raise from 15 angel investors while continuing to explore monetization options.

Total raised

$3M

Funding rounds

2

Latest round

Seed

Latest activity

Oct 2015