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STRYVE's mission is to become the no.1 Applicant Tracking System (ATS) for SMEs. Whilst 98% of Fortune500 firms use ATS, most SMEs do not and STRYVE believes existing solutions are costly & complex. Designed for SMEs, STRYVE aims to revolutionise hiring so that every business can land the best talent.

  • Applicant tracking system (ATS) market to reach $1.8bn by 2023 (CAGR 8%).
  • Our survey indicates that 62% of those who don’t have ATS would implement one.
  • Founder with 18 years of experience in the recruitment industry.
  • Product and pricing model designed for SMEs.

Idea

Since the introduction of GDPR in 2018 & increase in regulation/employment law, companies can no longer rely on a simple spreadsheet to maintain their applicants’ list.

Today, 98% of the Fortune 500 use ATS platforms to track, communicate and maintain their hiring process, yet most SMEs do not.

According to our survey with 200 SMEs on hiring:

• (only) 25% are compliant with GDPR, but 80% are aware of the financial penalties.

• 44% describe time as their no.1 issue.

• The majority indicated they would pay up to £1.2k p.a. for an ATS, our research shows the market average cost is closer to £5k.

We designed STRYVE to be small-business friendly and focus on serving start-ups and SMEs from 1-1000 employees:

• STRYVE will be fully compliant with GDPR & employment law.

• We understand that time-saving is essential so have designed STRYVE to be simple & easy to set up.

• Our pricing model will be subscription-based without any upfront cost. We charge per user & job no matter the size of the company.

We're working in partnership with recruitment agencies; Altus Partners & C&C search, so STRYVE will have a potential lead of 500 companies from day one.

We've done extensive market research, and now we're raising funds to hire product managers & programmers with the aim to launch our first MVP during Q1 2021 and begin sales in Q2. Help us build a future where every business can land the best talent!

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.

STRYVE has been given advance assurance by HMRC that the proposed share issue is likely to qualify for Enterprise Investment Scheme (EIS) tax relief.

Tax relief is available to individuals only, with income tax relief currently set at 30 per cent of the cost of the shares for the tax year in which the investment was made. The tax reliefs can also reduce your Capital Gains Tax bill. Read More.

Availability of tax relief depends on your individual and the company’s ongoing circumstances and applicable law.