Hirebolt
Hirebolt, formerly known as Shopscribe, is a London-based B2B company specializing in human resources technology that accelerates the hiring process in the hospitality industry across Europe.
Company Background
Hirebolt, previously known as Shopscribe, is based in London, England, and operates in the B2B and Human Resources industries. The company is focused on addressing significant challenges faced by the hospitality sector in Europe. With a team of three, Hirebolt aims to disrupt traditional hiring practices, particularly in hospitality, by reducing the hiring time from several months to less than three days. The company targets over two million hospitality businesses in Europe that are experiencing hiring difficulties exacerbated by the COVID-19 pandemic and Brexit.
Industry and Services
Hirebolt operates within the Human Resources sub-industry of the B2B sector. The company leverages artificial intelligence to automate the process of finding, vetting, and matching actively-looking candidates to employers. By facilitating the scheduling of interviews and extending offers faster than manual processes, Hirebolt significantly improves the efficiency of hiring for hospitality businesses. This approach aims to resolve the critical hiring challenges exacerbated by the combined impact of COVID-19 and Brexit on the hospitality industry.
Funding and Support
Hirebolt has successfully raised approximately $1.5 million in funding. The company has garnered investment from notable entities including Y Combinator, Entrepreneur First, and various world-class venture capital funds. Hirebolt was part of the Y Combinator S21 batch, which provided a solid foundation for the company's growth and innovation in the human resources sector. The backing from these investors has enabled Hirebolt to further develop its AI-driven hiring platform and expand its reach across Europe.
Geographic Reach
Hirebolt operates primarily in the United Kingdom and across Europe. The company also offers remote and partly remote services, allowing flexibility in its operations and service delivery. This geographic reach ensures that Hirebolt can effectively support the hiring needs of the hospitality industry across a wide region, addressing the urgent hiring challenges faced by numerous businesses.