Fundraising Fox

HireArt

YC W12

New York City, US · Founded 2012 · Delaware corporation · 90 employees · 14 known investors

hireart.com

HireArt provides a platform for sourcing, employing, and managing contract workers on a W-2 basis for companies. The platform handles the full employment journey from recruitment through ongoing management of contract workforce.

Also known as HireArt, Inc.

Enterprise SoftwareFuture of WorkHR TechSaaSB2BUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W12)

HireArt was founded in 2012 by Nicholas Sedlet.

NSNicholas Sedlet
Nicholas SedletinFounder
CM
Christopher M. ForbesNamed on SEC filing
NS
Nick SedletFounder
DL
Dain Lewis
ES
Elli Sharef

Investors · 14

Also in the syndicate · 11

Adam PisoniGus FuldnerInterWestInterwest CapitalJaffray WoodriffLAUNCHPlug & Play VenturesRaul VejarSteven TammThree Fish CapitalleadTriplewest Capital

Reported raises · per SEC filings

Form D private placements

$33.7M disclosed across 3 of 6 rounds · 2013–2023

$2MraisedDec 2023 · 1 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher BrowerExecutive Officer, Director
  • William GalvinDirector
  • Nicholas SedletExecutive Officer, Director
  • Scott MillerDirector
  • Christopher M. ForbesExecutive Officer, Director
Offering amount
$3M
Amount sold
$2M
First sale
Dec 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$25.9MraisedJan 2022 · 12 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • NICHOLAS SEDLETExecutive Officer, Director
  • CHRISTOPHER M FORBESExecutive Officer, Director
Offering amount
$27M
Amount sold
$25.9M
First sale
Jan 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.8MraisedJul 2019 · 24 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher M. ForbesExecutive Officer, Director
  • Nicholas SedletExecutive Officer, Director
Offering amount
$6M
Amount sold
$5.8M
First sale
Jul 2017
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

HireArt is a New York-based company that sells an end-to-end platform for building and administering a contract workforce. Its modules cover employer of record (EOR) employment, on-demand sourcing and recruitment, vendor management, freelancer management with agent-of-record payment, worker classification checks, and program management services, all delivered through a single self-serve interface. The company positions itself as a modern human resources information system (HRIS) for W-2 contract workers, contrasting itself with staffing agencies, MSPs and VMS vendors that rely more heavily on manual service delivery.

Operationally, hiring managers can request workers, review curated candidate shortlists, schedule interviews, make offers, change pay rates, approve expenses and PTO, and pull rosters and reports from the platform. HireArt employs the workers itself as employer of record, absorbing responsibility for benefits, compliance guardrails against co-employment and misclassification, and indemnification on 1099 relationships. It also operates a staffing vendor network through which partner agencies submit candidates to client roles; HireArt employs those workers and shares revenue with the partner agency.

Published customers include Meta, Carta, Amazon-owned Zoox, Pony.ai and Via. Company-reported figures include a 77.3 contractor NPS, an 86.4 client NPS, average client cost savings of 16.6%, more than one million job seekers on the platform, a 93% offer acceptance rate, and over $212 million in payments projected to contractors in 2025.

Founding story

The company was started in 2012 by Dain Lewis, Eleonora Sharef and Nick Sedlet, whose prior roles were, respectively, senior business analyst at General Growth Properties, business analyst at McKinsey, and strategist at Goldman Sachs; one third-party profile additionally names Christopher Brower among the founders. The pivotal insight, described by Sedlet as an 'aha' moment, came when the founders saw clients hiring HireArt-screened candidates through staffing firms, indicating demand for its sourcing product in a market with attractive unit economics.

Business model

HireArt sells a combined software-and-services offering to employers, acting as the legal employer of record for their contract W-2 workers while also providing sourcing, vendor management and freelancer payment tooling. It goes to market much like a staffing agency and often competes with agencies for the same business, but also partners with them: agencies submit candidates to HireArt clients' open roles, HireArt employs the resulting workers, and revenue is shared with the staffing partner.

Revenue is tied to employing and administering client contract workers rather than to conventional staffing markups; the company frames its direct sourcing as a way for clients to fill roles without paying staffing firm markups and reports average client cost savings of 16.6%. Revenue is also shared with staffing partners who supply candidates through its vendor network. A third-party data provider estimates annual revenue of roughly $23.8 million, an estimate not confirmed by the company.

Traction

Company-published metrics include over $212 million projected to be paid to contractors in 2025, more than one million job seekers on the platform, a 93% offer acceptance rate, contractor NPS of 77.3 and client NPS of 86.4. Case studies report Zoox consolidating 88 contract workers under HireArt as sole EOR with 90% retention, and Via making 1,193 hires across 85 cities with 91% retention. Headcount was 82 at the July 2022 Series B, with a third-party profile citing 90 employees more recently and another estimating a 201-500 range.

Latest developments

The website, updated with a 2026 copyright, promotes an ebook on employer of record services and research reports on the MSP and VMS landscapes, and highlights freelancer management and embedded EOR/AOR within vendor management. A third-party profile states that Chris Forbes was recently announced as CEO and cites 90 employees as of 2026.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

HireArt describes itself as the first and only company to build a modern, end-to-end employment platform for the W-2 contract workforce, positioning against traditional staffing agencies and against MSP and VMS providers, whose average NPS it cites as -19 and -28 respectively. Executives characterize the U.S. staffing industry as a fragmented market worth close to $500 billion in which tens of thousands of agencies compete and the largest holds only about 7% share.

Stated differentiators are a software-first rather than people-first delivery model; self-serve EOR onboarding; integrated vendor and freelancer management alongside W-2 employment in one tool; direct sourcing that avoids staffing firm markups; compliance indemnification around 1099 classification and co-employment; and an explicit focus on the post-hire worker experience, including benefits, HR support and reported contractor NPS well above industry norms.

Technology

The product is delivered as a self-serve web platform combining EOR, sourcing, vendor management, freelancer/AOR management, worker classification and compliance reporting in one interface, with automation intended to replace manual staffing-agency workflows and real-time dashboards for worker counts, spend and other metrics. A third-party technology profile lists infrastructure and marketing tooling including Cloudflare, Webflow, jQuery, Google Analytics, Google Ads, reCAPTCHA and Salesforce Marketing Cloud Account Engagement.

Go-to-market

HireArt sells directly to enterprise buyers across HR, hiring management, talent and recruiting, and procurement and finance functions, using demo requests, published customer case studies (Zoox, Via, Pony.ai, an unnamed leading AI company) and content marketing such as ebooks and market-landscape reports on the MSP and VMS categories. It also acquires business the way staffing agencies do and cultivates a network of handpicked staffing vendors as a supply-side channel.

Companies that engage contract labor at scale, typically with dozens to hundreds of contractors employed through several staffing agencies, spanning technology, autonomous vehicles and transportation; named customers include Meta, Carta, Zoox, Pony.ai and Via. Buyer personas addressed on the site are HR leaders, hiring managers, talent and recruiting teams, and procurement and finance teams.

Geography

Headquartered in New York City (135 W 29th St, New York, NY 10001, with a third-party listing giving 40 W 29th St), the company supports client hiring across the United States — a Via deployment spanned 85 cities — and markets its employer of record offering as ensuring global compliance.

History

HireArt was founded in 2012 and participated in Y Combinator's Winter 2012 batch, initially operating as an assessment company that sourced and screened candidates for employers, and was described in earlier press coverage as a 'resume-killing' jobs marketplace. Founders discovered that clients were placing HireArt-sourced people on staffing firms' payrolls as contractors, prompting a 2017 'refounding' in which HireArt began both sourcing and employing workers itself; that pivot was funded by a roughly $2 million raise and the company reported 70% year-over-year growth and profitability at about 30 employees. It appeared on Inc.'s 2022 list of fastest-growing companies, closed a $26.25 million Series B in July 2022, and recorded its first staffing network hire in August 2022.

Risks & controversies

At the time of the 2022 Series B the company was not profitable, with management targeting profitability by the end of 2023, and several named customers had announced or were reported to be planning layoffs amid macroeconomic headwinds. The business is also exposed to worker-classification and co-employment regulation, risks it explicitly indemnifies clients against. Third-party figures for revenue, valuation, headcount and total funding differ across sources and from internally held funding data, so those data points are uncertain.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average client cost savings from moving contractors to HireArtJan 202616.6%
Cities covered for Via hiringJan 202685
Client net promoter scoreJan 202686.4
Contractor (worker) net promoter scoreJan 202677.3
Employee range (third-party estimate)Jan 2026201-500
Estimated annual revenue (third-party estimate)Jan 2026$23.8M
Estimated valuation (third-party model based on revenue multiples)Jan 2026$76M
HeadcountJan 202690 employees
Job seekers on platformJan 20261,000,000
Offer acceptance rateJan 202693%
Projected total paid to contractorsJan 2025$212M
Via hire retention rateJan 202691%
Via hires made through HireArtJan 20261,193
Year-over-year growth after 2017 pivotJul 202270%
Zoox contract workers consolidated under HireArt as EORJan 202688
Zoox worker retention rateJan 202690%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 8

by search overlap
Connecteam290 shared keywordsConnecteam is an all-in-one employee management platform offering scheduling, time tracking, HR and skills tools such as training and onboarding, chat, and digital forms. It targets managers of deskless and shift-based teams, with pricing that includes a flat fee for up to 30 users.
Rippling249 shared keywordsRippling is a workforce management platform that unifies HR, IT, finance, and employee data across a business. It integrates with 600+ applications to help organizations operate more efficiently.
Multiplier244 shared keywordsMultiplier provides a global hiring and payroll platform that enables companies to hire, manage, and pay employees and contractors across 150+ countries with automated compliance. The service consolidates local entity setup, payroll processing, and tax compliance in a single platform for remote and distributed teams.
Shyft233 shared keywords
homebase233 shared keywordsHomebase is a management platform for small businesses that includes team messaging, scheduling, shift tracking, onboarding, and payroll features. It serves restaurants, retail, and other hourly-wage businesses with tools for employee communication, scheduling, and performance tracking.
Deputy229 shared keywordsDeputy is a workforce management software platform that helps businesses optimize shift scheduling, team coordination, and workplace operations. The company serves businesses of all sizes seeking to improve profitability, team engagement, and trust among employees.
Workyard222 shared keywordsWorkyard is a workforce management platform that uses GPS to track field crews, track labor costs, manage scheduling, and support payroll accuracy and compliance. It serves contractors and companies with distributed field workforces, offering native integrations and a developer API.
Justworks192 shared keywordsJustworks is a technology company that provides a platform for payroll, employee benefits, HR, and compliance, aimed at small and growing businesses. It combines software with support services to help companies manage and pay their teams and navigate workforce compliance.

Companies competing with HireArt for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 6

launches, deals, and filings
Jan 2026
Chris Forbes announced as CEO

A third-party profile states Chris Forbes was recently announced as CEO; Nick Sedlet was CEO at the time of the 2022 Series B.

source ↗

Aug 2022
First Staffing Network hire

HireArt records the first hire made through its staffing vendor network, which lets partner agencies submit candidates to client roles with HireArt employing the workers and sharing revenue.

source ↗

Jul 2022
HireArt raises $26.25M Series B led by Three Fish Capital

Series B financing round of $26.25 million led by Three Fish Capital with participation from more than a dozen angel investors; proceeds earmarked for product development and more than doubling the then 82-person headcount within a year.

$26.3M source ↗

Jan 2022
Included on Inc.'s 2022 list of fastest-growing companies

source ↗

Jan 2017
Pivot to HRIS for the contract workforce

Following a Series A raise of roughly $2 million, HireArt 're-founded' itself around a model in which it both sources and employs W-2 contract workers on behalf of client businesses.

source ↗

Jan 2012
HireArt founded and participates in Y Combinator W12 cohort

HireArt was founded in 2012 as an assessment company that sourced and screened job candidates, and took part in Y Combinator's Winter 2012 batch.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
HireArtDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does HireArt do?
HireArt runs a software platform for sourcing, employing and managing W-2 contract workers, freelancers and staffing vendors.
Who founded HireArt?
HireArt was founded by Nicholas Sedlet in 2012.
Who are HireArt's investors?
HireArt's investors include Y Combinator, 500 Global, Felicis Ventures.
How much funding has HireArt raised?
HireArt has disclosed $33.7M raised across 3 of its 6 known rounds.
Where is HireArt headquartered?
HireArt is headquartered in New York City, US.