How Much Did Drafted Raise?
Funding & Key Investors

Drafted.us has successfully secured a major strategic investment, bringing its total capital accumulation to $5M. This latest infusion of $150K underscores the company's ongoing commitment to revolutionizing the recruitment landscape through advanced network-based hiring methodologies. By leveraging historical backing from top-tier venture firms, Drafted.us continues to solidify its position as a critical player in the enterprise talent acquisition sector.

The company's growth trajectory, marked by a series of strategic financing rounds dating back to 2014, reflects a sustained market demand for more efficient, community-driven hiring solutions. This recent capital injection serves as a catalyst for further product development and market expansion, ensuring the platform remains at the forefront of modern recruitment technology.

What is Drafted?

Drafted
SoftwareHuman Resources SoftwareBusiness Services

Drafted.us operates as a specialized platform focused on network recruiting, providing businesses with innovative tools to bridge the gap between employers and high-quality talent. By utilizing the power of personal and professional networks, the company facilitates a more efficient and effective hiring process that transcends traditional job board limitations. The platform is designed to streamline the recruitment workflow, making it an essential asset for organizations looking to optimize their talent acquisition strategies across diverse industries.

In an era where human capital is the primary driver of enterprise success, Drafted.us offers a collaborative approach that emphasizes the value of referrals and community connections. By integrating these elements into a scalable digital infrastructure, the company addresses the core challenges of modern hiring, such as candidate quality, engagement, and time-to-hire metrics. Its market position is defined by its ability to transform the traditional recruiting landscape into a more transparent and relationship-oriented ecosystem.

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 Blade ventures, Accel Partners, General Catalyst, and Lightspeed Venture Partners

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

Debt (2020): $150K featuring PPP

Key Investors in Drafted

General Catalyst

General Catalyst is a venture capital firm focused on identifying and supporting transformational business opportunities across multiple sectors, providing strategic capital and operational support to help companies achieve substantial scale.

Lightspeed Venture Partners

Lightspeed Venture Partners is a global multistage venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure.

Accel Partners

Accel Partners is a leading venture capital firm that partners with founders to build world-class technology companies, offering deep expertise in scaling operations and market expansion.

What's next for Drafted?

With the recent influx of capital, Drafted.us is well-positioned to scale its operations and enhance its core technology stack. The strategic focus will likely shift toward deepening its integration with enterprise-level human resources information systems and expanding its reach into new geographic markets. As the company moves beyond its current lifecycle stage, the emphasis will remain on maintaining the integrity of its network-based recruiting model while scaling to meet the demands of larger, more complex organizational structures.

Future growth will be driven by the continued refinement of its matching algorithms and the expansion of its user base, ensuring that Drafted.us remains a preferred partner for companies seeking to leverage their internal networks for competitive advantage in the global talent market.

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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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