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Invest in JobAdX

Candidate attraction and engagement platform using AI to learn about what job seekers want to see and deliver targeted results in real-time

  • $100,000Amount raised
  • $10,000Minimum
  • $9,600,000Pre-Money valuation

Purchased securities are not listed on any exchange. A secondary market for these securities does not currently exist and may never develop. You should not purchase these securities with the expectation that one eventually will.

JobAdX is accepting investments for an Offering under Regulation D through SI Securities, LLC ("SI Securities"). SI Securities is an affiliate of SeedInvest Technology, LLC, a registered broker-dealer, and member FINRA/SIPC. SI Securities will receive cash compensation equal to 7.50% of the value of the securities sold and equity compensation equal to 5.00% of the number of securities sold. The contents of the Highlights, Term Sheet sections have been prepared by SI Securities, LLC (“SI Securities”) and shall be deemed broker-dealer communications subject to FINRA Rule 2210 (the “Excluded Sections”). With the exception of the Excluded Sections noted above, this profile contains offering materials prepared solely by JobAdX without the assistance of SI Securities, and not subject to FINRA Rule 2210 (the “Issuer Profile”). The Issuer Profile may contain forward-looking statements and information relating to, among other things, the company, its business plan and strategy, and its industry. These statements reflect management’s current views with respect to future events based on information currently available and are subject to risks and uncertainties that could cause the company’s actual results to differ materially. Investors are cautioned not to place undue reliance on these forward-looking statements as they are meant for illustrative purposes and they do not represent guarantees of future results, levels of activity, performance, or achievements, all of which cannot be made. Moreover, no person nor any other person or entity assumes responsibility for the accuracy and completeness of forward-looking statements, and is under no duty to update any such statements to conform them to actual results.


Company Highlights

  • 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

Fundraise Highlights

  • Total Amount Raised: US $100,000
  • Total Round Size: US $1,999,991
  • Raise Description:  Seed
  • Minimum Investment:  US $10,000 per investor
  • Security Type:  Preferred Equity
  • Pre-Money valuation :  US $9,600,000

Our mission is to connect the right people with the right jobs. We use data, AI and a little bit of human touch to get this done.


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. 

Media Mentions

The Team

Founders and Officers

Amit comes with a background in both Business and Computer Science. Amit started a career in sales and business development but soon transitioned in the ad tech and campaign management. Amit was always intrigued by utilizing consumer ad tech in the recruitment space. Amit launched Recroup, a social recruiting platform as the first step to enter the job advertising industry. Amit made a great network in the industry. Amit writes about work, career, and hiring in online publications like Mashable, Business Insider, Fast Company, etc. 

Amit Chauhan

CEO

Amit comes with a background in both Business and Computer Science. Amit started a career in sales and business development but soon transitioned in the ad tech and campaign management. Amit was always intrigued by utilizing consumer ad tech in the recruitment space. Amit launched Recroup, a social recruiting platform as the first step to enter the job advertising industry. Amit made a great network in the industry. Amit writes about work, career, and hiring in online publications like Mashable, Business Insider, Fast Company, etc. 

Kaushik graduated with a degree in electronics from VTU, India. 

Kaushik originally wanted to pursue an MBA but got into web development and fell in love with it. He joined Heurion Consulting as a junior developer. During his tenure at Heurion, we worked on over 100 different web applications. 

Kaushik co-founded Recroup and JobADX with Amit and Shiv. Kaushik focused on core ad tech concepts for the platform.  

Kaushik Vinay

CPO

Kaushik graduated with a degree in electronics from VTU, India. 

Kaushik originally wanted to pursue an MBA but got into web development and fell in love with it. He joined Heurion Consulting as a junior developer. During his tenure at Heurion, we worked on over 100 different web applications. 

Kaushik co-founded Recroup and JobADX with Amit and Shiv. Kaushik focused on core ad tech concepts for the platform.  

Shiv graduated from Anna University, India with a degree in Computer Science. Shiv was always drawn towards building web applications. After joining Heurion Consulting as a Junior developer, Shiv started working on the in-house project Revbay. 

Shiv joined Amit and Kaushik to launch Recroup and JobAdX. Shiv has over 7 years of experience in IT infrastructure and application scaling. 

Shiv Bharthur

CTO

Shiv graduated from Anna University, India with a degree in Computer Science. Shiv was always drawn towards building web applications. After joining Heurion Consulting as a Junior developer, Shiv started working on the in-house project Revbay. 

Shiv joined Amit and Kaushik to launch Recroup and JobAdX. Shiv has over 7 years of experience in IT infrastructure and application scaling. 

Key Team Members

Doug Sapir

Director Publisher Relations

Isabelle Kent

VP of Growth

Sophie Gibson

Director of Product & Operations

Notable Advisors & Investors

Colin Webster

Investor, Investor / Board Member

Jessica Miller-Merrel

Advisor, Board Member

Investor Perks

Fastest 5:

• 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

Making an Investment in JobAdX
How does investing work?

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.


What is the difference between preferred equity and a convertible note?

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.


What will I need to complete my investment?

To make an investment, you will need the following information readily available:

  1. Personal information such as your current address and phone number
  2. Employment and employer information
  3. Net worth and income information
  4. Social Security Number or passport
  5. 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.


What if I change my mind about investing?

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.


After My Investment
How can I sell my securities in the future?

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.


How do I keep track of this investment?

You can return to SeedInvest at any time to view your portfolio of investments and obtain a summary statement.


Other General Questions
What is this page about?

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.


What are the risks of this investment?

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.