I want to cut into the recruitment business in the future.
According to foreign media reports, the startup The Org is a company that provides organizational charts for various companies. Recently, 7.8 million euros (about 8.45 million US dollars) of Series A financing has been completed, led by the Founders Fund, and Sequoia Capital, Balderton Capital and many angel investors have also participated in it.
The company was founded in 2017 with offices in Copenhagen and New York, and aims to increase the transparency of today’s organizations by creating an open source platform. At present, the company has provided a continuously developing database through a combination of research and crowdsourcing, which contains more than 16,000 company organization charts. Currently the platform is open to ordinary users, users can view their company’s chart and edit the content by verifying the company’s email address.
Founders Fund partner Keith Rabois believes that people understand the latest organization chart is very useful for everything from recruitment to sales, but it is difficult and time consuming to put them together. And The Org is helping users access this valuable information in a way that people can’t do on LinkedIn.
It is understood that The Org plans to use this funding to expand its research team and make business extensions. Specifically, The Org plans to launch a recruitment platform system in 2020. This product allows companies to display vacant positions on their organizational charts to attract new talent.
Checking the company’s official website, you can find that it has shown some company organizational charts, such as Airbnb, Amazon, Apple and other companies can be found. When searching, users can search companies in the fields of retail, health, IT technology, Internet, etc., and can also search by category according to the country dimension. However, it can be found that at present, these company structure information mainly focuses on European and American companies, and less relevant information in other countries.
Airbnb organization chart on The Org’s official website Source: The Org
In general, the organization chart of an enterprise belongs to the internal information of the company.Users rarely see relevant information on open platforms. For internal employees, to check the organizational structure of their own company, they usually use the internal official website or office collaboration software such as Nail. As for recruitment platforms such as LinkedIn and Maimai, this information has not yet been displayed to ordinary users. Regarding the chart of corporate organizational structure, there are still some companies that start businesses in this field, such as the previously reported ChartHop. The company directly connects its system to platforms such as Workday and builds an organizational chart based on this information to provide companies with current Information on the status of the organization and possible future organizations. However, this type of business service is still targeted at corporate management, not ordinary users.