# Sprockets.com

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sprockets-com

- Industry: Internet
- Headquarters: Miami, US
- Website: www.sprockets.com
- Total disclosed funding: $4.3M
- Latest round: Series A (Jan 25, 2000)
- Investors on record: 6

## About

Sprockets.com is a technology-driven platform specializing in optimizing recruitment processes with analytics and data-driven insights to enhance hiring decisions and improve workforce quality.Founded in 1996 in Miami, US, Sprockets.com focuses on streamlining recruitment processes. The company has undergone no significant pivots. The founder, Pete Richichi, has a history of entrepreneurship, though details on other ventures are not provided. In January 2000, Sprockets.com raised USD 4.3 million in Series A funding from various investors, including Egan Managed Capital and Hickory Venture Group, raising the total amount raised to USD 4.3 million.Sprockets.com offers a range of innovative recruitment solutions, concentrating on data analytics to improve hiring practices. Their services are designed to address various recruitment needs across multiple industries, with a focus on enhancing employer-candidate matches and improving overall hiring efficiency.Sprockets.com generates revenue through strategic partnerships and direct-to-consumer sales. Their business model incorporates both wholesale and retail avenues, aiming to support their clients with effective recruitment solutions that resonate with their customer base, though specific pricing structures are not disclosed.With the recent Series A funding of USD 4.3 million raised in January 2000, Sprockets.com plans to enhance its product offerings and expand its market reach. The company intends to introduce new analytics tools aimed at improving recruitment efficiency by mid-2021. Furthermore, Sprockets.com is targeting expansion into regional markets including Nashville and Miami by the end of 2022, leveraging the funding to bolster its product development and marketing efforts.

## Funding rounds

- Series A, Jan 25, 2000, $4.3M — Mid-Atlantic Venture Funds, Egan Managed Capital, Hickory Venture Group, MassVentures, Massachusetts Technology Development Corp., The Hatch Group

## Investors

- Mid-Atlantic Venture Funds (https://capitalatlas.ai/funds/mid-atlantic-venture-funds) — Series A
- Egan Managed Capital (https://capitalatlas.ai/funds/egan-managed-capital) — Series A
- Hickory Venture Group (https://capitalatlas.ai/funds/hickory-venture-group) — Series A
- MassVentures (https://capitalatlas.ai/funds/massventures) — Series A
- Massachusetts Technology Development Corp. — Series A
- The Hatch Group — Series A