Recruiting Rewards is a performance-based hiring marketplace where companies post roles and pay only when a candidate starts, while specialist recruiters compete to fill assignments. The platform matches job descriptions with vetted recruiters who work roles in parallel, with the successful recruiter earning the posted reward. It targets the Nordic market, offering tools like ATS, sourcing, and a recruiter workspace.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional recruitment is slow, opaque, and expensive, with companies wasting time filtering unsuitable candidates and great talent often never being reached. Agencies charge 20-25% of annual salary regardless of outcome, and the process typically takes six to eight weeks, creating misaligned incentives and poor candidate experiences.
Solution
Recruiting Rewards is a marketplace where companies post roles and pay only when the candidate starts the job, while multiple specialist recruiters work the same assignment in parallel. The platform aligns incentives by paying recruiters from the same reward, ensuring they are motivated to deliver results rather than bill for time. Companies get access to a network of vetted recruiters who source both active and passive talent, with a 7/10 match score applied before candidates reach the employer. The platform includes a full recruiter workspace with pipeline management, sourcing tools, ATS, and candidate CRM, all designed to reduce time-to-hire to an average of 20 days and cut costs by 30-45% compared to agencies.
Target Audience
Primary customers are companies in the Nordics (Sweden, Norway, Denmark, Finland) hiring for tech, sales, marketing, and leadership roles, as well as independent specialist recruiters seeking live projects and performance-based rewards.
Features
- Performance-based reward system where companies pay only upon successful hire, with recruiters paid from the same reward
- Open network where all approved recruiters see all assignments and can work in parallel, with payment only to the one who delivers
- AI-assisted job brief creation (Aifos) that turns natural language descriptions into structured job posts
- Built-in ATS and candidate CRM for recruiters, including pipeline management, sourcing tools, and client messaging
- Public recruiter profiles for brand building and a kanban-style hiring pipeline for companies
- Match score threshold of 7/10, with lower-scoring candidates flagged for manual review before reaching the employer