ExecThread, Inc.
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ExecThread, Inc. - overview
Established
2015
Location
New York, NY, US
Primary Industry
Software
About
Based in the US, ExecThread, Inc. operates as a specialized network that connects senior-level executives with exclusive job opportunities that are not publicly advertised, enhancing career accessibility for professionals. ExecThread, Inc. was founded in 2015 and is headquartered in New York, US.
The company serves as a platform that connects executives to high-level job listings through a marketplace involving over 120,000 retained executive search firms. Joe Meyer, one of the co-founders, holds the CEO position, bringing valuable experience from previous ventures. The company has successfully raised a total of USD 6. 50 mn, with their latest funding round occurring on July 31, 2024, involving investors such as Canaan Partners and Corazon Capital.
ExecThread primarily operates as a selective network that connects senior-level executives with exclusive job opportunities that are not openly advertised or widely available. The platform facilitates access to thousands of high-level job listings, managed through a marketplace that brings together qualified professionals from various backgrounds and over 120,000 retained executive search firms. Members benefit from a discreet and confidential environment to share and explore executive roles, thus addressing the challenges of accessibility in the executive job market. The services are designed to empower executives by providing them with opportunities that align with their career aspirations while fostering connections with recruiters and hiring managers.
ExecThread’s offerings target a global market, serving executives in various industries, including technology, finance, healthcare, and more, enabling them to find roles that fit their skills and experiences. ExecThread generates revenue through a subscription-based model, where members pay for access to exclusive job listings and personalized recruitment services. The firm's transaction structure is centered on B2B interactions, partnering with retained executive search firms who facilitate connections between executives and potential employers. Membership fees grant users access to confidential job listings, tailored updates based on preferences, and additional benefits such as networking opportunities with recruiters.
Although specific pricing details are not disclosed, the subscription service is designed to provide significant value to members seeking executive-level positions. This business model underscores ExecThread's commitment to connecting diverse talent with premier job opportunities, ensuring both clients and candidates benefit from a streamlined and effective hiring process. In July 2024, ExecThread, Inc. raised USD 6.
50 mn in growth funding from Decathlon Capital Partners to support platform expansion and develop new products aimed at enhancing accessibility to career opportunities for senior professionals. The company plans to launch new features that will improve user experience and engagement, targeting a broader audience. Additionally, ExecThread is looking to expand its operations into international markets, focusing on Europe and Asia by the end of 2025.
Current Investors
Decathlon Capital Partners, Canaan Partners, Javelin Venture Partners
Primary Industry
Software
Sub Industries
Analytics & Performance Software, HR & Workforce Software
Website
www.execthread.com
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
ExecThread, Inc. - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | ExecThread, Inc. | - |
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