Raise provides a platform that combines recruitment funding with back-office technology, enabling contract recruiters to manage cash flow, timesheets, and administrative tasks efficiently. By offering tailored funding solutions and dedicated support, Raise helps recruitment agencies streamline operations and enhance their financial management.
Funding
$6.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Recruitment agencies, especially those focused on contract placements, often face challenges related to cash flow management due to delayed invoice payments and administrative overhead. Managing timesheets, expenses, and contractor onboarding can be time-consuming and complex, hindering growth and operational efficiency.
Solution
Raise provides a comprehensive operating system tailored for recruitment agencies, combining recruitment funding with back-office technology to streamline operations and improve financial management. The platform offers various funding options to provide the right finance at the right time, enabling early-stage businesses to start their contract book and supporting scaling businesses. It automates contractor and client onboarding, contract signing, and timesheet/expense management. Raise also offers dedicated support to manage collections and administrative tasks, acting as an extension of the recruitment agency's business.
Target Audience
Raise primarily targets recruitment agencies, ranging from early-stage startups to large enterprises, that specialize in contract placements and seek to improve cash flow, streamline back-office operations, and reduce administrative burdens.
Features
- Invoice funding with 100% of the invoice funded and 100% of the margin paid
- Automated contractor and client onboarding with digital contract signing
- Integrated timesheet and expense management
- Full back-office support, including collections and administrative tasks
- Multiple funding options to suit different stages of business growth (start-up, scale-up, enterprise)
- Dedicated customer support team