Impactful hires that secured Ben's new round of funding

42
people
4
hires
€46.000
saved
Story

Ben is the all-in-one platform for any company to personalise benefits and rewards.

They’re marrying a modern software (SaaS) platform with per-employee Mastercard and financial infrastructure. That’s how Ben instantly adds employee choice to any company existing benefits, unlocking access to hundreds of additional options through Ben Card, all while saving time and money.

The Value of Acelr8

Ben brought A8 Connect onboard to scale their engineering team in Berlin. After a successful alignment meeting with clear requirements for the role, they had a track of hiring the firstly introduced candidates while still having access to other candidates to compare. With some key hires onboard they raised funding while saving around 80% on agency costs by working with A8 Connect over a traditional agency.

The Results

  • Cost-saving: Ben hired 4 people with A8 Connect. Traditional recruitment agencies charge approx 20% of the annual salary of the successful candidate, Ben would pay around €60.000, when they only paid for 2 contracts within A8 Connect, a total of  €14.000
  • Funding round: Ben received a Series A funding of €15.7m during the market recession once we hired with them an Integration Engineer.
  • Successful hiring: Building the engineering team in Berlin with a track of first forwarded candidates getting hired or receiving an offer. Hiring a frontend, 2x backend, and integration engineer.
  • Diverse talent pool: Ben hired the first person we introduced to them on the Frontend role, but used their leftover tokens (RTIC - Ready-to-interview-candidates) to see more candidates in the meantime. An important sourcing wisdom is in this, as you need to diversify the talent you speak to in order to make a  well-thought-through decision on who to hire.

Website
https://www.thanksben.com/
Sector
SaaS
Snapshot
Engineering