Terminal

The firm primarily serves fast-growing technology companies and established enterprises, such as Hims & Hers, Chime, and Armory, that are looking to scale their engineering teams efficiently. Terminal's business model is a comprehensive solution that addresses the full lifecycle of remote hiring. It functions as a managed marketplace, sourcing and rigorously vetting software engineers from talent hubs in Canada, Latin America, and Europe. For its clients, Terminal offers two main engagement models: "Hire + Employ," where Terminal acts as the Employer of Record (EOR), managing all HR aspects including payroll, benefits, and legal compliance, or "Direct Hiring," where clients manage employment themselves. Revenue is generated through fees for these services, which vary based on the model chosen, though specific pricing is not publicly disclosed.

The platform provides clients with detailed candidate profiles that include skills, experience, and even video interview clips to facilitate the hiring decision. Terminal's vetting process is selective, presenting only the top 7% of candidates to clients. Beyond recruitment, the company focuses on creating a supportive community for its engineers, or "members," to foster retention and professional growth, offering them stable, long-term roles embedded within client teams. By handling the complexities of international employment and offering access to a pre-vetted talent pool, Terminal enables its clients to build world-class technical teams up to 40% faster and at a lower cost compared to hiring in major US tech hubs.