TLDR:
– Gen Z jobs marketplace Hatch raises $7 million in Seed round led by Rampersand
– Founded by Adam Jacobs and Chaz Heitner in 2018
Gen Z jobs marketplace Hatch has secured $7 million in funding in its Seed round, with Rampersand leading the investment. Founded by Adam Jacobs and Chaz Heitner in 2018, the Sydney-based company aims to target Generation Z with AI-based matching for job seekers and employers. The funding will support the company’s national expansion and enhance its platform’s ability to assess skills, values, and motivations of candidates. Employers such as Woolworths, Airtasker, Uber, and more are already utilizing Hatch to find suitable candidates.
The co-founders’ previous experience in hiring led them to build a new, scalable way to address the changing career landscape and priorities of Gen Z professionals. With a focus on AI to help people discover meaningful work opportunities, Hatch is delivering a platform that connects candidates with relevant job opportunities while keeping humans in control of the process. The company’s success in increasing interview rates for candidates applying through the platform highlights the effectiveness of their approach in modernizing the hiring process. Overall, Hatch’s mission is to reinvent how people find work and provide a simple path to meaningful jobs for everyone, especially young professionals.
