Powered by SaaS Industry
At a Glance
Canada’s Commit, which connects engineers to startups hiring them, has raised $6M in seed round funding led by Accomplice. Founded in 2019, Commit fights challenges early-stage startups face in hiring and interviewing talent and connecting them to engineers from its community/platform. It aspires to expand to a community of 10,000 engineers within the next year
Vancouver, Canada-based Commit, which works with remote-first startups, connecting engineers to founders, has raised its first round of funding worth $6 million in a seed round led by Accomplice, with participation from Kensington Capital Partners, Inovia, and Garage Capital.
Gregory Gunn, co-founder and CEO of Commit, announced the fundraising on his LinkedIn handle, thanking the investors and stressing the company’s vision.
After 24 months in private beta, we are officially launching Commit and announcing $6M in new funding. I am grateful to the team members, engineers, founders, and investors that have partnered with us to build the professional network for the world’s best Startup Engineers.Gregory Gunn, co-founder and CEO of Commit
What does it do?
Founded in 2019, Commit calls itself the professional network – a collaborative remote community that helps engineers scouting for jobs by matching them with early-stage startups that are fine with hiring them. According to reports quoting Mr. Gunn, the biggest challenges faced by early-stage startups looking to change the world with innovation are hiring the right set of engineering talent, that is, getting an engineer to join their venture.
While founders of such early-stage companies look for senior-level engineering talent, senior engineers could also feel reluctant to leave the organization they are working for to startups. Another problem that Mr. Gunn noted was the very process of hiring in startups, where numerous rounds of technical interviews that draw very little information on the person’s potential, exist.
To tackle these challenges, Commit vets the founders and startups who partner with it to give an idea to engineers on its platform of the type of company. It also vets engineers based on a technical interview to reduce redundancy and get engineers started without attending technical interviews in every company partnering with Commit. Commit also pays engineers it works with salaries until they find a job to help mitigate the financial risks of leaving large tech companies. It aspires to expand its community to 10,000 engineers from the current 100 over the next year.
The thing we’re combating is the fact that these opportunities have been unevenly distributed.“Even within the Valley. You have to be from a socio-economic class even to have access to those opportunities. For us, our whole business model is to live where you want to live, but then get access to whatever opportunities you have.Gregory Gunn, co-founder and CEO of Commit,