Why we invested in Hatch : Aura Ventures

Hatch is an Australian employment marketplace designed for young professionals, offering a tailored job-seeking experience.

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  1. Hatch is an Australian employment marketplace designed for young professionals, offering a tailored job-seeking experience.

  2. The platform differentiates itself with a proprietary AI matching algorithm and a candidate-first approach, focusing on the holistic fit between candidates and employers.

  3. Hatch addresses the changing job market and the unique needs of younger generations who value alignment with employer's mission and values over traditional remuneration packages.

  4. Employers benefit from Hatch by gaining access to high-quality candidates not present on other job boards, and the platform helps in building their brand with the next generation through storytelling and community building.

  5. Hatch claims to reduce hiring costs significantly and improve the efficiency of the hiring process through its matching algorithm and rich candidate profiles.

  6. The platform has seen strong early traction, with over 150,000 young professionals creating accounts and a high success rate in matching candidates to roles.

  7. Hatch targets a growing market of Gen Z and Millennials, which currently accounts for 45% of the workforce, with a view to expand internationally.

  8. The co-founders of Hatch, Adam Jacobs and Chaz Heitner, have a strong background in successful startups and are driven by a mission to align work with personal identity and community contribution.

  9. Hatch has raised significant investment and received media attention, indicating confidence in its model and potential for growth.

The original article this summation was based on is located here: