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vervoe.com

Stage

Seed - II | Alive

Total Raised

$4.5M

Last Raised

$3.5M | 4 yrs ago

Mosaic Score

+120 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Vervoe

Vervoe is a NYC-based online hiring assistant for startups and small to medium sized businesses. Vervoe automates the interviewing process, allowing candidates to show their skills and style through online simulations.

Vervoe Headquarter Location

New York,

United States

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Expert Collections containing Vervoe

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Vervoe is included in 1 Expert Collection, including HR Tech.

H

HR Tech

4,016 items

HR tech startups are helping companies manage critical pain points in HR processes such as recruitment, automation, career development, compensation, and benefits management, through a mix of software and services.

Latest Vervoe News

CEOs advance pay, alter payment systems for staff in Ukraine

Feb 28, 2022

Share Australian CEOs with staff in the Ukraine are offering to investigate Australian visas for them, advancing employee pay and making attempts to get them out of the besieged country. Ukraine is popular for local start-ups to find software engineering talent and data scientists who, in Australia, are in high demand but short supply. The country is well-known for its well-trained and capable tech talent, who can earn higher salaries by working for companies abroad. Vervoe co-founders David Weinberg and Omer Molad have been supporting staff in Ukraine. Co-founder of skills assessment hiring tool Vervoe, Omer Molad, said out of its 40 staff, 14 were based in Ukraine. It has had people in Ukraine since shortly after the company was founded in 2016, labelling it an “unbelievable” place for STEM talent. Twelve of the 14 are still in the country, with the majority living in the capital Kyiv. Mr Molad said he and his co-founder David Weinberg had been speaking to their staff every day. Advertisement “Our staff are all unharmed at the moment ... but I don’t think they’re safe,” Mr Molad said. “They’re being shelled. Some are holed up in their apartments, some are using public car parks to take shelter with many other people, and there are a few outside of Kyiv staying in other places. “We brought forward payroll to get cash into people’s accounts because we were fearful there would be disruption to the banking system. “What we can do now is keep in touch with people and provide financial support.” Mr Molad said his Ukrainian staff were continuing to work, despite being told it was unnecessary. “It says a lot about their spirit and resilience.” Like Vervoe, buy now, pay later player Zip Co has engineers based in Ukraine, employing 25 people via local labour-hire arrangements. Advertisement None of the 25 staff had requested assistance yet but Zip’s global chief technology officer is in regular contact. Zip Co CEO Larry Diamond is doing his best to support staff in Ukraine. Dominic Lorrimer “We are staying very close to them. If we need to help teams move to other locations or to provide time off, we will help them to the extent we can,” said Zip chief executive Larry Diamond . “They have been phenomenal. We have been keen to hire more, but that has dried up due to a fight for talent in Eastern Europe.” For founder of design briefing tool Brieft, Mackenzie Daisley, said four of her 10 staff were based in Ukraine. Being an early stage company with a small amount of funding, she wanted to spend the capital in the “wisest way possible”, and that meant looking offshore for developers who were as talented but demanded lower salaries than in Australia. Ms Daisley said she had spoken to her team there and offered to lend any support she could, but largely felt helpless. Advertisement “Every offer of support feels so empty,” she said. The invasion caught her team by surprise, with staff not believing Russia would attack their city of Kharkiv, Ukraine’s second-largest. “The latest I’ve heard from them is they’ve spent the last few days travelling, leaving the country, and one has relocated to a safe space in Ukraine,” she said. “I’ve said if they need anything, if we need to put the project on hold, I’m more than happy to discuss those parameters, but they said they want to keep working.” Relocating staff Other tech company CEOs reported efforts to relocate their staff, but did not want to be named due to expectations on Ukrainians to stay and fight. Advertisement The founder of regulation technology start-up Renforce, Salman Abeer, said he had staff in both Ukraine and Russia. While the focus was on the safety of staff in Ukraine, he said the war had forced them to stop working with their Russian employees because they could no longer pay them. “At no fault of their own, they’re out of work,” he said. “It’s a terrible situation, they’re not pro-war. They’re just user experience designers who have been pushed into a corner.” In the 2021 Global Innovation Index, Ukraine ranked the third most innovative of the lower-middle-income countries and overall ranked 49th. It scored highly for knowledge and technology outputs. James Shaw, co-founder and chief technology officer of James Smith Academy, an Australian fitness app, employs 14 software engineers in and around the central Ukrainian city of Kropyvnytskyi. Since Russia’s invasion, Mr Shaw said many of his Ukrainian workers had scattered throughout the countryside and were living with their families in basements. Advertisement Aged between 20 and 30, Mr Shaw said the workers were mostly concerned about cash, and James Smith Academy had forward-paid several weeks of wages in case the banks closed. Cash needed “Access to cash is the main thing they’ve told me they need,” he said. “We’ve been together as a team for around two years, so we’re really close, and it’s horrible what’s happening. These guys don’t want to leave their country, they have a really strong sense of self.“ Mr Shaw, who is based out of the Southern Highlands in NSW, hires the developers through a Ukrainian employment agency called Onyx Systems, which connects local workers with tech companies around the world. But should Onyx Systems collapse, Mr Shaw has told his Ukrainian workers he will hire them through individual contracts to ensure they can maintain an income. Advertisement “We basically want to give them as many options as we can,” he said. “Seriously, if I wasn’t married here, I’d want to go and fight and help. It’s extremely unjust what the Russian government is doing to these people.” Freelancer chief executive Matt Barrie has also been working to ensure the 438,529 Ukrainians on the jobs marketplace get paid on time. Payment systems down “One of the payments systems Ukrainians used to get paid out is Russian, and they lost their banking relationship, so an alternative had to be found,” he said. Dicker Data chief operating officer Vladimir Mitnovetski has a personal connection to Ukraine, having been born in Kyiv in 1975. Advertisement He immigrated to Australian in 1992, but still has a lot of family in Ukraine. “I want people to know the truth, I want the Western world to move faster and be more decisive,” he said. “I talk with my family daily, I would say every few hours. They are in underground bunkers, and all they are asking me every time is: ‘Will anyone come and save us? We just want to live’.“ Beyond tech Outside the tech sector, local companies spanning industries such as travel and media have staff that have also been affected by the war in Ukraine. The London-based global chief executive of Flight Centre Corporate, Chris Galanty, said in an email on Monday that nine of the 25 staff working for its European partner were FCM staff – a licensed Flight Centre travel management brand. Advertisement “I have made it very clear that Flight Centre Travel Group will do anything we can to help ... They are all working from home looking after customers and doing their best to get people on domestic business trips safely back home. They will continue working as long as the banking system remains functional, and it is safe to do so,” he said. “Olga who is the MD of our partner in Russia has offered to do everything to help our customers, no matter what their nationality. Her workforce in Russia appears to be split between those supporting the action and those against it. “Some of our global customers have indicated they want some of their ex-pat staff to leave Russia, and we are assisting with this via commercial flights, and if this becomes difficult via private flights.” The CEO of news distribution company Inkl, Guatam Mishra, said the business had one Ukrainian employee and was close to hiring two others. Advertisement His employee left for Poland two weeks ago to escape the conflict, but has siblings in high school and a father under 60 still living there. “He is immensely stressed and there is very little we can do to help him,” Mr Mishra said. “We’ve been looking into visas and said if he wanted to move here, we’d try and make that an option for him. “But his biggest concern is for his family. If there was something we could do for his family, we would.” - With James Eyers and Tom Richardson Yolanda Redrup is an award-winning journalist who writes on technology and healthcare from our Melbourne newsroom. Connect with Yolanda on Twitter . Email Yolanda at yolanda.redrup@afr.com.au Jessica Sier writes on technology, internet culture, cryptocurrencies and software from our Sydney newsroom. She has previously covered global capital markets and economics. Connect with Jessica on Twitter . Email Jessica at jessica.sier@afr.com Fiona Carruthers has written and edited travel for the Financial Review for almost a decade. She has held senior roles with ABC Radio National, Deutsche Welle Radio, TIME and The Australian, and was deputy editor of Traveller. Email Fiona at fcarruthers@afr.com Save

Vervoe Web Traffic

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Vervoe Rank

  • What is Vervoe's latest funding round?

    Vervoe's latest funding round is Seed - II.

  • How much did Vervoe raise?

    Vervoe raised a total of $4.5M.

  • Who are the investors of Vervoe?

    Investors of Vervoe include SEEK, Jesse Hertzberg, Zachary Lewy, RusIan Kogan and David Shafer.

  • Who are Vervoe's competitors?

    Competitors of Vervoe include Eightfold.ai.

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