The Unofficial Syndicate Makes Lead Investment In HigherMe Seed Round
Boston, MA (PRWEB) December 16, 2015 -- The Unofficial Syndicate (http://theunofficialsyndicate.com), a newly formed network of angel investors that describes itself as “a new kind of syndicate” with “non-members” that is comprised of “like minded angels who may or may not invest in opportunities together” has become the lead investor in local startup HigherMe, Inc.
“HigherMe helps companies acquire qualified hourly workers across a wide spectrum of business settings with a unique platform that attracts and screens applicants.” Said Jayme Fishman, co-founder of The Unofficial Syndicate, who will serve on HigherMe’s advisory board. “Their unique platform helps employers get a much better understanding of whether or not an applicant would be a good fit. Meanwhile, applicants benefit from being able to demonstrate their personalities which is important in the services sector” added Fishman.
“Our platform has made a big splash in the hourly job market” said Rob Hunter, CEO of HigherMe. “Working with The Unofficial Syndicate has been great. They asked thoughtful questions, with a professional and efficient process. Their investment will help us unlock our market potential as we expand our sales efforts. We are also able to tap into their vast network for additional opportunities.” Added Hunter.
“The Unofficial Syndicate was formed at the start of November and there has already been a lot of interest given our ability to raise significant levels of angel investment” said Fishman who takes pride in the unconventional nature of the group. “I was inspired by some of the platforms out there where syndicates are being created by super angels with large followings. It occurred to me that we could create our own on-demand syndicate and potentially move much faster if we changed the structure.”
Fishman, who also runs the Boston chapter of Startupalooza where companies go to pitch their businesses in the hopes of attracting investors, added that “The Boston market is a hotbed of entrepreneurial activity. You get a wide range of very capable companies like HigherMe who chose to stay in Boston despite their Y-Combinator lineage” (a prestigious West Coast seed funding organization and one of HigherMe’s early investors). “We are always looking for additional opportunities and encourage young companies to contact us through our website.” He was quick to add that being located in or around Boston is not a requirement.
About The Unofficial Syndicate
A new kind of syndicate. We are an unofficial group of "non-members" comprised of like- minded angels who may or may not invest in opportunities together. Don't mistake our "unofficial" moniker as an indication of a laid back attitude when it comes to evaluating deals. We pride ourselves in performing rigorous due diligence. We bring decades of relevant experience to bear when evaluating opportunities and deciding where we can add value through financial investment and beyond. Contact information: [email protected].
About HigherMe
HigherMe uses data and video to help Retail and Service employers find the best employees, faster. The HigherMe Recruitment platform helps managers find, screen, and hire candidates in minutes instead of hours. HigherMe uses 30-second videos to showcase a candidate's personality, attitude, and interpersonal skills. Our data-driven behavioral and psychological matching algorithms make sure that the candidates you see are the best available.We work with companies like Dunkin’ Donuts, Pinkberry, CiCi’s Pizza, and Firehouse Subs. Contact: [email protected].
Media Relations, The Unofficial Syndicate, http://theunofficialsyndicate.com/, +1 6179346202 Ext: 1, [email protected]
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