How Much Did Drafted Raise?
Funding & Key Investors

Drafted.us has successfully navigated multiple capital infusion cycles, culminating in a total funding amount of $5M. The company's most recent strategic financing round, which secured $150K, underscores its ongoing commitment to disrupting the traditional recruitment sector. By leveraging sophisticated network-based hiring methodologies, the firm continues to attract significant institutional backing, positioning itself as a pivotal player in the evolving landscape of human capital management.

This latest injection of capital serves as a testament to the firm's resilience and its ability to scale operations within a competitive enterprise software market. As the company matures, these financial resources are expected to bolster its technological infrastructure and expand its market reach, ensuring that its innovative approach to talent acquisition remains at the forefront of industry standards.

What is Drafted?

Drafted
SoftwareHuman Resources SoftwareBusiness Services

Drafted.us operates as a specialized platform dedicated to network-based recruiting, providing enterprises with advanced tools to streamline the identification and acquisition of high-quality talent. By facilitating connections through professional networks, the company enhances the efficiency of the hiring process, effectively bridging the gap between employers and potential candidates. Its market position is defined by a focus on collaborative recruitment, which transforms how organizations source talent across diverse industries. Through its proprietary platform, Drafted.us addresses the inherent inefficiencies of legacy hiring models, offering a scalable solution that prioritizes community-driven engagement and data-backed candidate matching.

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

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 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.

General Catalyst

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

Accel Partners

Accel Partners is a leading venture capital firm that partners with founders to build world-class technology companies, focusing on long-term growth and market leadership.

What's next for Drafted?

With the successful completion of its recent funding round, Drafted.us is well-positioned to accelerate its product development roadmap and deepen its penetration into the enterprise software market. The strategic focus will likely shift toward enhancing the platform's algorithmic capabilities to further optimize candidate-employer alignment. Furthermore, the company is expected to leverage its strong investor relationships to navigate the complexities of scaling, potentially exploring new verticals or geographic markets to sustain its growth trajectory. As the recruitment industry continues to prioritize efficiency and network-driven insights, Drafted.us remains a critical entity to monitor for future technological advancements and market expansion efforts.

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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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