SpringRole
Blockchain powered professional-profile verification and attestation protocol.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
* | $1.3m | Early VC | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 101 % | 88 % | 35 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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SpringRole, which has rebranded as Springworks, operates within the human resources industry by providing HR software solutions. The company was launched in 2017 with the initial focus of being a decentralized, verified professional profile platform utilizing blockchain and artificial intelligence to combat fraud in user profiles. The platform aimed to replace traditional resumes and unverified claims on professional networking sites.
Over time, the company has expanded its offerings to a broader range of HR software solutions that support various aspects of the employee lifecycle, including recruitment, onboarding, and employee engagement. The business model is centered on providing these software solutions to other businesses, likely on a subscription or fee-for-service basis. The target clients are companies of various sizes that are looking to streamline their HR processes and improve the accuracy of professional data.
Keywords: professional reputation, blockchain, artificial intelligence, HR software, recruitment, onboarding, employee engagement, verified profiles, HR solutions, professional network