Athyna

The Global Employment Platform to Hire Manage & Retain World-Class Global Talent

Last Funded February 2023

$250,823

raised from 160 investors

Highlights

1
๐Ÿ’ฅ Backed by angels from Google, AWS, Deel, YouTube, Uber, Xero and more
2
๐Ÿฅพ Bootstrapped & profitable at $4M ARR
3
๐Ÿš€ 15% MoM revenue growth for 2.5 years
4
๐Ÿ“ˆ $627B TAM market opportunity
5
๐ŸŒŽ 70k+ Global talent pool and growing 22%+ MoM
6
๐ŸŒฒ 5% of net revenue committed to investing into climate tech startups
7
โญ๏ธ Built global team from Ex-Amazon, Meta, WeWork, Uber, DiDi and more
8
๐Ÿ‡บ๐Ÿ‡ธ 80% of customers based in the US

Our Team

I built my first startup, with a small, scrappy global team. I knew the massive benefits of doing so and also knew that even pre-pandemic, this was where the world was heading. At Athyna we are passionate to continue to provide employment to millions of people in developing economies while helping startups to build high-performing global teams.

Welcome to our Community Round. ๐Ÿ‘‹

If you are reading this it's very likely you are a user of Athyna, a talent in our network or a member of our thriving online community. If so, this Community Round is for you. Like all startups today, community is huge. And we are super excited to open up this round to everyone who has believed in us and followed along the journey so far.

In the following screen, you'll see our deck for our round that is currently under way, along with commentary fleshing out the areas a little more. Anyway, we hope you enjoy reading and would be stoked to have you join along on the journey. ๐Ÿš€

Hire, manage & retain world-class global talent. From sales and marketing to creative and product. We source talent specific to your needs in 5 days.

Our Mission ๐ŸŽฏ 

Our mission is to level the playing field and provide equal work opportunities for people all over the world. We believe that by providing Talent access to fair compensation, benefits, and career progression, we can help improve the lives of people everywhere.

Business should be a force for good in the world, and we are proud of doing it by example. With a deep commitment to our brand and culture, caring about our people, and building impact into our business model, we aim to inspire and equip the next generation of founders to build great, meaningful companies.  

The Problem ๐Ÿค” 

The world is smaller than ever and access to talent is now a global undertaking. However, building a global team can be extremely complicated and time-consuming. Companies that are able to navigate these challenges and build diverse, high-performing teams, will be well-positioned to succeed in today's fast-paced and ever-changing world.


Our Solution ๐Ÿ˜ 

We have built a Global Talent platform in which we align the best candidates from developing economies with incredible roles with global companies.

Market Size ๐Ÿ“ˆ

The market for global teams is huge, currently at ~$42B and expanding rapidly. As the market grows we will expand our products and services to command a larger portion of the opportunity, positioning ourselves as leaders in remote work & global teams

Our Story So Far ๐Ÿ™Œ๐Ÿผ

We were founded in late 2018 by Bill Kerr, Drew Slater & Madeleine with the idea to 'be the best in the world at building global teams'. Here is the breakdown of what has happened since:

  • Jan 19 | First revenue came in the door ๐Ÿ’ฐ
  • July 19 | Grew fast for first 6-months ๐Ÿ’จ
  • March 20 | COVID hits and we lose 70% of our revenue ๐Ÿฆ  
  • May 20 | Rebuild begins ๐Ÿ’ช๐Ÿพ
  • Feb 21 | Hire sales team and growth starts to accelerate ๐Ÿš€ 
  • Sept 21 | Start building new products ๐Ÿ’ฅ 
  • July 22 | Regain focus on core products and growth takes off again ๐Ÿฆ„
  • Nov 22 | Hit profitability ๐Ÿค— 

Traction ๐Ÿš€ 

Since COVID hit we have bootstrapped our growth incredibly fast at around ~15% MoM. And although we were burning ~$60k a month in mid 2022 we have now pushed to $15k per month of profitability without a single layoff. Something we are incredibly proud of.

Metrics ๐Ÿ‘€ 


The standard growth metrics that you see when talking about sales & growth efficiency stack up really well for us. We have phenomenally low CAC and a very strong CAC:LTV and payback period. Usually, when efficiency metrics are this strong it means you should be investing more heavily in growth. Which we are excited to do.

Roadmap ๐Ÿ—บ 

Our ultimate goal is to revolutionize the recruitment industry by creating a best-in-class talent and customer experience, to help companies find the best fit for their teams. Our next step is to integrate machine learning and AI into our platform to speed up and improve the matching process, making better matches, faster!

All talent marketplaces go through a similar journey, from a service-based business to a technology platform. We are also undertaking the same journey. We are firmly in the second stage of our maturity with the plans to execute our next stage in the next 24 months.


Once we continue to mature so will our features and so will our product suite. We want to first provide best-in-class experience for both job seekers and hiring managers before opening up new revenue opportunities in sponsored jobs, profile highlights, self serve talent sourcing subscriptions and more.


As we mature, there will be many opportunities to diversify our revenue. We are particularly excited about education and training onramps for talent, empowering candidates with a holistic solution, from job matching to skills development. There are also opportunities in EOR and financial services for our talent. These new revenue streams will allow us to provide even more value to our clients and talent & further strengthen our position as an industry leader.

Leaders ๐Ÿฆน๐Ÿฝ

We have always invested heavily in brand and culture at Athyna. Believing that when you build a strong brand, you entice the best talent to come and work with you and if you foster a strong culture those talents are motivated to do their best work. We have 55 team members across 5 different companies with experience at Meta, Amazon, WeWork, Rappi, Darktrace, Accenture, DiDi and more.


Operators ๐Ÿฅท๐Ÿฟ

Advisors ๐Ÿฆธ๐Ÿปโ€โ™€๏ธ

Culture ๐Ÿ’˜

We have worked hard to create a strong culture at Athyna and are proud to have rolling 12-month engagement score (from Culture Amp) off 88/100. That's 'write a book on culture' high and we are excited to build upon it.

Diversity ๐ŸŒ 

We have a diverse team spread across the globe and also have more than 50% female representation both at overall level and as leaders at Athyna. 

Raise ๐Ÿ’ธ

We plan to invest in growing our team, expanding our platform capabilities and increasing our talent pool. This way, we'll be able to take our platform to new heights, continue to scale our operations and keep up with the growing demand.

Distribution ๐Ÿงฉ

The funds will be distributed in the following ways.


Thank You ๐Ÿ™ 

We'd love to have you jump on and join us on this journey. ๐ŸŒˆ

Overview