JobLab, the London-based graduate recruitment platform, has hit 90% of its £200k crowdfunding target in less than the span of a day.
Founded by Aidan Cramer, JobLab aims to connect candidates with growing startup companies, in the wake of graduates turning their back on corporate jobs and graduate schemes.
The platform gives jobseekers incentives to create ‘video cover letters’ and actively engage with prospective employers, and rewards engagement with JobLab Tokens which are exchangeable for cash or cryptocurrency.
So far the platform has 32,000 members, with an average ‘Time to Hire’ timescale of 16 days and job-response rates five times higher than those of LinkedIn, its largest competitor.
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