V
Vettery
Trusted hiring marketplace that connects top talent with growing companies
About Vettery
Vettery was established in New York City in March 2013 by co-founders Brett Adcock and Adam Goldstein. Initially a human-intensive recruiting company, the firm faced significant financial challenges, leading Adcock to invest his savings and take on personal debt to sustain operations. A pivotal moment came in 2015 when the founders shifted to a two-sided marketplace model, focusing on connecting candidates and employers with minimal human intervention. This strategic pivot proved successful, leading to a $9 million Series A funding round in 2016 led by Raine Ventures and Greycroft Partners.
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The company operates as a digital recruitment marketplace, connecting employers with a curated pool of candidates in sectors such as technology, sales, and finance. Its business model is performance-based, primarily charging companies a placement fee calculated as a percentage of a hired candidate's first-year salary. Vettery's platform utilizes machine learning algorithms to analyze hiring activity and recommend suitable candidates, which helps to reduce the time-to-hire for its clients. The service caters to a range of employers, from startups to Fortune 500 companies like Amazon and JP Morgan.
A significant milestone occurred in February 2018 when the Swiss staffing firm Adecco Group acquired Vettery for a reported sum of over $100 million. Under Adecco's ownership, Vettery continued to expand, and in November 2020, it acquired a competing tech marketplace, Hired. Following this acquisition, the two platforms were integrated, and in March 2021, the combined entity was rebranded as Hired, absorbing the Vettery brand. After the acquisition, the founders remained with the company for a period before moving on to other entrepreneurial ventures, including Archer Aviation.
At a glance
- Status
- Acquired
- Founded
- 2014
- Headquarters
- New York City, United States
- Open positions
- None listed
- Dealroom signal
- 60.2/100
- Industry
- Jobs Recruitment
- Sector
- eCommerce & Marketplaces, Social
- Technology
- Artificial Intelligence, Machine Learning
- Business model
- Marketplace & ecommerce
- Client focus
- b2c
- Investment activity
- 1 company, latest Nov 2020
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Vettery.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Feb 2018 | $100M | $100M | Adecco | — |
| SERIES A✓Equity / VC | Aug 2016 | $9M | $36M | The Raine Group · Pritzker Group Venture Capital · Brian Spaly · FJ Labs | — |
Growth signals
Latest recorded traffic for Vettery is 80 monthly website visits, down 42.9% over the last three months.
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— | Operational | — | — | — |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Lightbank
Series A5 investors entered at this stage
Greycroft Partners
The Raine Group
Pritzker Group Venture Capital
Brian Spaly
FJ Labs
Other known investors4 additional known investors
Adecco
7GC
Fabrice Grinda
Future Labs
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
An AI-synthesised read of the highest-engagement posts about Vettery on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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