- Grew revenue over 2.4X from 2018 to over $1.4mm in 2019 (unaudited)
- Over 100 paying customers including companies like LinkedIn, Bayard Advertising, and more
- Fundica Roadshow 2019 Toronto city winner
- Strong team with combined experience of over 20 years in the recruitment advertising industry
- Total Amount Raised: US $100,000
- Total Round Size: US $1,999,991
- Seed :
- Minimum Investment: US $10,000 per investor
- : Preferred Equity
- US $9,600,000 :
In 2018, nearly $1 billion was spent on job advertising in the US alone. 51% of employers are still unsatisfied & over 65% of the jobs are unfilled.
The current solutions in the market are not thoroughly helping employers or jobseekers to connect. Employers are projecting to spend more on recruitment advertising than ever before in 2020. This is why we built JobAdX, one of the fastest-growing candidate attraction and engagement platforms in the US. At JobAdX, we use Artificial Intelligence and Machine Learning to not just understand but also to predict what jobs candidates would most likely apply to.
Since our launch in Dec 2017, we have received great industry and client recognition. We work with some of the most well-known recruitment advertising agencies representing some of the largest employers in the US. We currently boast a client retention rate of nearly 95%. We have over 100 paying clients and access to nearly 4 million jobs in our exchange. Our publisher network has grown significantly. We have 150+ websites in our exchange giving us access to over 2 million unique job seekers per day.
During an economic slowdown, businesses become highly ROI focused. A pay per performance platform like JobAdX adds the real value to the employer during these times. Employers can control their budget and choose between the model of paying for clicks or even successful applicants.
• The first 5 investors to commit in our round will receive a JobAdX branded Hoodie, coffee mug
Investment size $10,000-$50,000:
• A choice between JobAdX branded hoodie or a travel mug
Investment size $50,000-$100,000:
• JobAdX branded hoodie and a travel mug
Investment Size $100,000+
• JobAdX branded Hoodie and a travel mug
• Quarterly 1:1 phone update from the CEO
It is advised that you consult a tax professional to fully understand any potential tax implications of receiving investor perks before making an investment.
Frequently Asked Questions
When you complete your investment on SeedInvest, your money will be transferred to an escrow account where an independent escrow agent will watch over your investment until it is accepted by JobAdX. Once JobAdX accepts your investment, and certain regulatory procedures are completed, your money will be transferred from the escrow account to JobAdX in exchange for your securities. At that point, you will be a proud owner in JobAdX.
Preferred equity is usually issued to outside investors and carries rights and conditions that are different from that of common stock. For example, preferred equity may include rights that prevent or minimize the effects of dilution or grants special privileges in situations when the company is sold.
A convertible note is a unique form of debt that converts into equity, usually in conjunction with a future financing round. The investor effectively loans money to a startup with the expectation that they will receive equity in the company in the future at a discounted price per share when the company raises its next round of financing.
To learn more about startup investment types check out “How to Choose a Startup Investment” in our academy.
To make an investment, you will need the following information readily available:
- Personal information such as your current address and phone number
- Employment and employer information
- Net worth and income information
- Social Security Number or passport
- ABA bank routing number and checking account number (typically found on a personal check or bank statement)
Because JobAdX is offering its securities under Rule 506(c) of Regulation D, your status as an Accredited Investor will also need to be verified and you will be asked to provide documentation supporting your income, net worth, revenue, or net assets or a letter from a qualified advisor such as a Registered Investment Advisor, Registered Broker Dealer, Lawyer, or CPA.
Until a closing occurs, you may cancel your investment at any time, for any reason. You will receive an email when the closing occurs and your securities have been issued. If you have already funded your investment and your funds are in escrow, your funds will be promptly refunded to you upon cancellation. To cancel your investment, please go to your portfolio page by clicking your profile icon in the top right corner.
Currently there is no market or liquidity for these securities. Right now JobAdX does not plan to list these securities on a national exchange or another secondary market. At some point JobAdX may choose to do so, but until then you should plan to hold your investment for a significant period of time before a “liquidation event” occurs. A “liquidation event” is when JobAdX either lists their securities on an exchange, is acquired, or goes bankrupt.
You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement.
This is JobAdX's fundraising profile page, where you can find information that may be helpful for you to make an investment decision in their company. The information on this page includes the company overview, team bios, and the risks and disclosures related to this investment opportunity.
This investment is highly speculative and should not be made by anyone who cannot afford to risk the entire investment amount. In addition to these risks, you should carefully consider the specific information and risks disclosed in JobAdX’s profile.