beRecruited.com
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beRecruited.com - overview
Established
2000
Location
Fort Lauderdale, FL, US
Primary Industry
Education/Training
About
beRecruited. com is a platform dedicated to connecting student-athletes with college coaches, facilitating the recruitment process and enhancing athlete visibility in collegiate sports. Founded in 2000 in Fort Lauderdale, US, beRecruited. com specializes in college recruiting for student-athletes.
The company was acquired by The Raine Group from Madison Parker Capital in a deal completed on June 1, 2012. The founder, Ben Greenberg, has a history of involvement in the sports recruitment arena, although no other founding details are provided. beRecruited. com provides a comprehensive platform designed for student-athletes aiming to advance their college sports careers.
The service includes tools for communication between athletes and college coaches, enhancing athlete visibility, and guidance through the recruiting process. The NCSA Recruiting Profile allows athletes to showcase personal details, statistics, and highlight videos to interested collegiate programs, complemented by educational resources like classes, workshops, and one-on-one coaching tailored for the recruiting journey. The platform caters to high school athletes, their families, and college coaches across the US, particularly in states such as California, Texas, Florida, and New York. beRecruited.
com generates revenue primarily through subscription services, offering various membership plans for athletes and coaches. These plans provide access to a database of colleges, recruiting education, and personalized coaching support, with revenue transactions occurring when subscriptions are purchased. The partnerships with educational institutions and sports organizations also contribute to the company's revenue model, enhancing engagement through collaborative initiatives. The company's growth strategy includes the design and launch of new products aimed at improving the recruitment experience, although specific release dates are not mentioned.
Furthermore, beRecruited. com plans to expand its reach into additional geographic markets, focusing on states with high concentrations of potential athletes by the end of the next fiscal year. Recent funding from the Series A round, which raised USD 1. 20 mn, will support these initiatives, aiding in product development and market expansion efforts.
Current Investors
The Raine Group
Primary Industry
Education/Training
Sub Industries
Consulting Services, Recreational Hobbies & Sporting Goods, Colleges & Universities, Education & Training Website, HR & Workforce Software
Website
www.berecruited.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
beRecruited.com - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Secondary Buyout | Completed | beRecruited.com | - |
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