How Much Did Drafted Raise?
Funding & Key Investors

Drafted has secured $5M in total funding, with its most recent financing round bringing in $150K. This major strategic investment underscores the company's significant traction and potential within the network recruiting sector. The company's funding history, spanning from 2014 to 2020, indicates a period of strategic capital infusion to support its growth and operational scaling.

What is Drafted?

Drafted
SoftwareHuman Resources SoftwareBusiness Services

Drafted.us specializes in network recruiting, offering innovative solutions for businesses to connect with potential candidates. The platform leverages personal networks to streamline the hiring process, enhancing efficiency and effectiveness for employers across various industries. By focusing on collaboration and community, Drafted.us aims to transform the traditional recruiting landscape and improve the overall hiring experience.

How much funding has Drafted raised?

Drafted has raised a total of $5M across 4 funding rounds:

2014

Debt

$697K

2015

Angel/Seed

$2.5M

2017

Private Equity

$1.7M

2020

Debt

$150K

Debt (2014): $697K, investors not publicly disclosed

Angel/Seed (2015): $2.5M led by General Catalyst, Lightspeed Venture Partners, Accel Partners, and Blade ventures

Private Equity (2017): $1.7M supported by Lightspeed Venture Partners

Debt (2020): $150K featuring PPP

Key Investors in Drafted

General Catalyst

General Catalyst operates as a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors and stages. The firm deploys capital strategically to back entrepreneurs and management teams pursuing ambitious visions that reshape their respective industries.

Lightspeed Venture Partners

Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.

Blade ventures

Blade ventures is an investment entity that has participated in Drafted's early-stage funding rounds. Its involvement suggests a focus on early-stage technology companies with disruptive potential.

What's next for Drafted?

The recent major strategic investment suggests Drafted is poised for significant expansion and further development of its network recruiting platform. This capital infusion is likely to fuel enhancements in technology, market penetration, and talent acquisition. The company's trajectory, marked by diverse funding types including debt and private equity, indicates a strategic approach to capital management, positioning it for sustained growth and potential market leadership in the evolving recruitment technology space.

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Frequently Asked Questions Regarding Drafted Financial Insights

What are the most recent funding rounds that Drafted has completed, and what were the funding rounds?
Drafted has recently completed 3 funding rounds: Debt on May 3, 2020, Private Equity on Mar 26, 2017, Angel/Seed on May 9, 2015.
What is the total amount of funding Drafted has raised to date?
Drafted has raised a total of $5M in funding to date.
How many funding rounds has Drafted completed?
Drafted has completed 3 funding rounds.
How much funding did Drafted raise in its most recent funding round?
Drafted raised $150K in its most recent funding round.
Who are the lead investors in Drafted's latest funding round?
The lead investor in Drafted's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Drafted's history?
The largest funding round in Drafted's history was $2.5M.
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