Downtown Detroit-bound hiredMYway is leveraging a six-figure investment from
Detroit Venture Partners to expand its staff and marketing efforts.
The 1-year-old start-up utilizes a dating-service-style model to help match people with jobs on the Internet by matching needs of employers with the appropriate skills of job seekers. Detroit Venture Partners, a venture capital firm co-founded by
ePrize's Josh Linkner and
Quicken Loans Dan Gilbert, invested $500,000 into hiredMYway last month, prompting the downtown Birmingham-based start-up to make plans to move to Gilbert's planned Madison Theater building tech hub when its ready later this year.
"It allowed us to expand our marketing campaign and bring in some strategic employees," says Matt Mosher, co-founder & CEO of
hiredMYway. "We're moving extremely fast. We're looking to hire 3-4 people a month for the next few months."
The three people who co-founded
hiredMYway have grown it to a staff of 12 employees and 10 independent contractors. The start-up's management team plans to use its newly cash reserves to expand its marketing to both new (digital) and traditional (signs, radio) media outlets.
The start-up is also upping its referral awards for those who make a referral for a job that was landed and those who land the job. Initially the prize was $100. Now the prize will be up to $4,000 with the employer deciding the compensation. "It has created a tremendous amount of job traffic," Mosher says.
Source: Matt Mosher, co-founder & CEO of hiredMYway
Writer: Jon Zemke
Read more about Metro Detroit's growing entrepreneurial ecosystem at
SEMichiganStartup.com.
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