
Coffeee
An AI-backed pre-assessment and recruitment platform.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | $700k | Seed | |
Total Funding | 000k |
USD | 2022 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Coffeee.io, legally known as Gong Labs Private Limited, is a tech recruitment platform founded in 2021 by Amit Veer (CEO), Neha Sharma (CSO), and Ankit Mittal (CTO). The founders leveraged their collective experience in the fintech, IT, and telecom sectors to address the inefficiencies they observed in technical hiring. The company is headquartered in Gurugram, India, and operates in the Human Capital Services and HR Tech market.
The firm's core business revolves around providing a pool of pre-assessed software developers to companies for remote contract jobs and full-time positions. Its AI-powered platform is engineered to streamline the recruitment process by eliminating biases associated with resumes and geography. For client companies, which range from startups to global enterprises like Dunzo and GOQii, this translates into a more efficient, cost-effective, and faster hiring cycle, with the company aiming for a 48-hour hiring timeframe. Revenue is generated by charging companies for successful hires at a rate reportedly 30-40% lower than traditional market rates.
For developers, Coffeee.io operates as a community-based platform for career growth, offering free online bootcamps and resources to upskill. Candidates undergo a standardized assessment process that includes evaluations of language, logical reasoning, and coding skills through live online tests. This pre-vetting creates a verified talent pool, which currently includes over 130,000 developers from various engineering institutions and tech companies. The platform aims to consolidate hiring requirements, saving developers the effort of taking multiple assessments for different companies.
Since its inception, Coffeee.io has secured $1.38 million in funding over four rounds, with its latest Angel round in April 2024. Key investors include Riverwalk Holdings, LetsVenture, and notable angel investors such as Kunal Shah (Founder, Cred) and Amit Lakhotia (Founder, Park+). The company reported annual revenue of ₹1.82Cr as of March 31, 2024, and is valued at $6.9M. Keywords: tech recruitment, developer hiring, pre-screened developers, remote talent, Indian tech talent, AI recruitment, human capital services, HR tech, talent marketplace, skills-based hiring, developer community, online assessment, coding tests, recruitment platform, global hiring, remote jobs, Gong Labs, Amit Veer, Neha Sharma, Ankit Mittal