WithYouWithMe, HR startup, acquires $5M towards getting veterans into work

WithYouWithMe, Australian-based human resources and recruitment startup, has recently secured $5 million towards a further US expansion of its SaaS platform.

But, for co-founder Luke Rix, success isn’t about dollars in the bank or countries conquered.

Launched in 2015 by Rix and co-founders Sam Baynes and Tom Moore, WithYouWithMe was created to help get Australian veterans into the workforce, while also tackling the skills shortage in the tech industry.

At the time, Moore himself had been medically discharged from the military after seven years, and was struggling to find work.

“The market wasn’t really valuing the skills he had,” Rix explains.

The business was founded with the core mission to help tackle veteran unemployment and underemployment, he adds.

This funding round is led by Perennial Value Management and Alium Capital Management, and follows a few years of impressive growth for the startup.

In 2018, WithYouWithMe came in second place in Deloitte’s Fast 50 Rising Star award, having secured annual revenue growth of just over 3400%.

The following year, revenue growth was about 500%.

The business has also grown from 10 people at the start of last year to about 80 today, and has opened offices in Canberra, Brisbane and Washington DC, in addition to its Sydney HQ.

According to Rix, the startup’s growth has largely come off the back of a realisation that the best way to help a veteran get a job is often through upskilling in areas where there is a big skills gap ⁠— where demand for talent outstrips supply.

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