How Much Did Drafted Raise?
Funding & Key Investors

Drafted, a company specializing in network recruiting solutions, has secured significant enterprise-level funding, with its total funding amount reaching $5M. The company recently announced a major strategic investment of $150K, underscoring its growth trajectory and market position in the talent acquisition technology sector. This latest capital infusion is expected to fuel further development and expansion of its innovative hiring platform.

What is Drafted?

Drafted
SoftwareHuman Resources SoftwareBusiness Services

Drafted.us provides businesses with advanced network recruiting solutions designed to enhance candidate sourcing and hiring efficiency. The platform leverages personal networks to connect employers with potential talent across diverse industries, aiming to streamline and optimize the recruitment experience. By focusing on collaboration and community-driven approaches, Drafted.us seeks to redefine traditional recruiting methods and improve the overall hiring process for organizations.

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, General Catalyst, Lightspeed Venture Partners, and Accel Partners

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

Debt (2020): $150K featuring PPP

Key Investors in Drafted

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.

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.

Accel Partners

Accel is a leading venture capital firm that invests in companies at various stages of growth, from seed to later-stage. They focus on backing transformative companies and entrepreneurs across a range of sectors, including software, internet, and mobile technologies.

What's next for Drafted?

The recent major strategic investment in Drafted.us signals a pivotal stage for the company, likely indicating a move towards scaling operations and expanding market reach. This enterprise-level backing suggests a focus on solidifying its position in the competitive HR technology landscape. Future developments may include enhancements to its platform's AI capabilities, broader industry penetration, and strategic partnerships to further integrate its network recruiting solutions into enterprise workflows. The company is poised for significant growth as it continues to innovate in talent acquisition.

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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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