HelloHive

HelloHive operates as a virtual recruitment platform in the HR Tech sector, designed to connect early-career talent with employers. The company was founded in 2019 by Byron Slosar, who drew upon his 15 years of experience in undergraduate career services and recruiting to address what he saw as inequities in traditional hiring models. Slosar, a sociology major and Tulane University alumnus, aimed to scale the personalized career coaching he had provided to thousands of students by leveraging technology. His journey as a first-time tech CEO was shaped by a varied career path, which informs the company's approach to acknowledging multiple pathways to success.

The platform's business model is centered on annual subscriptions paid by corporate clients, which include prominent names like Goldman Sachs, Accenture, American Express, and Disney. HelloHive targets students—from high school seniors to recent graduates—and companies seeking to enhance their diversity and inclusion efforts. The company emphasizes a broader definition of diversity, encompassing lived experiences such as being a first-generation student or bilingual, not just identity markers. Revenue is generated by providing these partner employers with access to a pre-vetted, diverse pool of candidates.

The core of HelloHive's service is its platform that prepares candidates for the job market. A key feature is the proprietary "Hive5 Process," a series of exercises that guides students in resume creation, interview preparation, and communication strategies. This process utilizes a patented resume technology that standardizes formats to help recruiters more efficiently assess candidates based on skills and experiences rather than traditional metrics. For its corporate clients, the platform offers a way to build early talent pipelines, engage with candidates through virtual events, and gain deeper insights into a diverse talent pool, thereby aiming to reduce bias in the hiring process. Originally launched as HIVE Diversity in 2020, the company rebranded to HelloHive in October 2022 to reflect its broader mission. The New York-based firm secured $3.4 million in a Series A funding round in February 2024, bringing its total funding to approximately $9 million, which is being used to expand its team and enhance its technology.

Keywords: diversity recruiting, early career talent, HR Tech, virtual recruitment, university recruiting, DEI hiring, resume builder, candidate engagement, entry-level jobs, talent pipeline, financial services recruiting, tech recruiting, inclusive hiring, career development, student job platform, recruitment technology, employer branding, workforce readiness, equitable hiring, candidate sourcing