Revolutionary talent search platform disrupting Australia's multi billion dollar recruitment and job search industries.

Upcoming Kredible (Tagg Technologies Pty Ltd)

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The workforce is undergoing a rapid transformation


Since 2010, the number of active contractors and freelancers in the Australian economy has almost quadrupled, now accounting for over 30% of the workforce. This trend is being accelerated by factors such as COVID-19 pushing companies to seek scalable workforces and younger generations entering the workforce wanting greater flexibility. 

 

The fastest growing segment of this transformation is white-collar professionals, with over 40% now engaging in contract or freelance work. For reference, the recruitment industry in Australia has historically focused on permanent placements. As of 2021, contracting now makes up more than 75% of the industry.

Current solutions for finding talent are not optimised for this shift


Today, almost all Australian businesses searching for talent conduct a search via one of the major job boards (Jora, SEEK, Linkedin or Indeed), or via a recruitment agency who will conduct a search via one of the job boards on their behalf. This process involves posting a job ad, waiting for applications, shortlisting CVs and finally, conducting interviews before selecting a candidate. This process is lengthy, very expensive and highly inefficient. 

 

The push toward project based work in the economy is highlighting the drawbacks of current solutions. The average time to fill a short-term position is currently 36 days and costs employers $5,500 on average per hire. It is clear job boards are not able to accomodate the trends present in the labour force.

Welcome to Kredible


Kredible is a talent search platform allowing employers to search through a database of professionals with profiles made from real performance data. Every professional on Kredible has been verified by their previous employers via extensive reference checks displayed in an Uber-style review format. Employers are able to view all work previously completed by a professional with key data such as who they worked for, project descriptions, which specific skills were used, ratings for each project as well as other key data points.

 

Welcome to the most accurate CV you have ever seen. Accessible instantly. 

 

Traditional recruitment agencies can charge between 15-25% of a candidate’s day rate or base salary for their services. A job board such as SEEK can charge a minimum of $225 for a basic ad. Kredible offers employers a significant cost reduction, offering either a 7% service fee, or a subscription fee of $49/month to access the platform.

Opportunity size


The talent search industry in Australia currently consists of four major job boards (Jora, SEEK, Linkedin and Indeed) and over 8,000 recruitment agencies operating throughout the country. The industry currently generates over $12 billion dollars a year in revenue, all of which is immediately contestable.

 

The total addressable market for Australia is based off of Australia’s total contractor and freelancer income of $175 billion. We estimate the total addressable market in Sydney for the Kredible platform to be $3.8 billion, Australia to be $12 billion, the United States to be $120 billion and the global market to be $1.5 trillion. 

Progress to date


We have completed the final development and testing of our desktop and mobile platforms and have begun onboarding a critical mass of professional contractors and freelancers. Our development team have been able to leverage an emerging technology developed by Google called Flutter. Utilising Flutter has allowed us to deploy key aspects of the platform in record time, while delivering significantly enhanced performance and flexibility. This technology has been recently adopted by key tech companies such as eBay, Square payments and Tencent.

 

We have also recently begun rolling out an outbound sales campaign driving initial signups, which is currently being executed by our call centre in Surry Hills, Sydney. We are targeting the most in demand professionals in New South Wales, based on the latest job vacancy data taken from major job boards. Complementing this is a targeted digital campaign being executed via Facebook and Google ads, as well as a brand awareness campaign being run through multiple well known Australian websites. 

Highlights

Opportunity size and scalable business model:

There is a substantial opportunity in Australia alone based on the size of the contestable revenue opportunity ($12 billion), which is currently controlled by recruiters and job boards who we are seeking to disrupt. This compares favourably with only fintech and utility type industries that have similar domestic market opportunities without having to go offshore to find a large enough market to exploit. Having said that, our highly scalable business model allows for expansion into global markets within 3 years. 

Macro-trend:

The macro-trend of contracting and freelancing has created an increase in demand across nearly all industries for a product such as kredible, demand for which will only increase over time. 

Timing:

Investors will be participating at a crucial growth stage whereby the groundwork has been laid (development of the platform is complete and a critical mass of users have begun onboarding) yet the valuation of the company is small relative to the opportunity size. 

Industry experience:

Kredible’s leadership team and advisory board have years of experience in the talent sourcing industry, having spoken with clients and candidates about issues with current solutions at length, confirming demand for a product like Kredible.

First-mover advantage:

Kredible will be the first product of it’s type to launch in Australia and as such, will hold the first-mover advantage.

 

 

 

 

Crowdfunding is risky, please consider the offer document & risk-warning before investing

Discover investment opportunities here.

 

IPO Upcoming

Alloggio Group Ltd ASX: ALO

Alloggio Group Ltd
Leading operator of short-term rental accommodation in a highly fragmented market

 

Bell Potter is the Lead Manager and underwriter for the IPO. OnMarket, as co-manager, has a limited firm allocation.

 

Alloggio Group Limited (ASX: ALO) is a leading operator in the highly fragmented, Australian short-term rental accommodation (STRA) industry via two divisions – Holiday Property Management (879 holiday homes and units) and Mid-market Hotels (13 hotels with 428 rooms.  The Company has developed an in-house scalable cloud-based technology platform which provides an end-to-end solution for both the traveller and holiday property owner.

 

Alloggio has experienced strong growth to date, with revenues of $11.3 m and EBITDA of $4.7m in FY21. They are ideally positioned to benefit from the anticipated increased activity as Australia emerges from COVID-19 lockdowns.

$0.20Price
$16.5 millionSize of Offer
20 Oct 21Offer Open
02 Nov 21Pay By
Wholesale Live

Truwell Group Pty Ltd

Truwell Group Pty Ltd
Market leading student and teacher mental health and wellbeing platform

 

Truwell Group Pty Ltd has been developed by leading educators, Dr Tim Hawkes OAM and Adam Webber, to help students, teachers and parents manage mental health and wellbeing in an increasingly stressful world. The market ready platform includes a library of over 65 interactive digital courses, and is being used by over 30 schools, with another 200 in the pipeline from Australia and around the world.

 

With a $10bn market opportunity in Australia, US and UK alone, Truwell is well positioned to be a global leader targeting an unmet and rapidly growing need in student and teacher mental health.

 

This is a wholesale offer and only open to professional, sophisticated and experienced investors.  More info here

$0.75Price
Up to $1 millionSize of Offer
13 Oct 21Offer Open
11 Nov 21Pay By
Wholesale Live

Neopharma Technologies Ltd

Neopharma Technologies Ltd
Patented and world-leading drugs-of-abuse testing technology

 

Neopharma Technologies Ltd (NTL) participates in the US$6 billion global drugs-of-abuse testing market with its patented, trademarked and tamper-proof drugs-of-abuse testing solution - TamperLoks DataVault.  The technology takes the physical needs of mandatory drug testing, combining it with advanced data collection, management and complete chain-of-custody, significantly improving productivity and accuracy.

 

With TGA approval pending and global distribution agreements in place, including the Australian mining sector, Indonesian Universities and Malaysian Police sector, NTL is poised for near term commercialisation.

 

This is a wholesale offer and only open to professional, sophisticated and experienced investors.  More info here

$0.15Price
Up to $850,000Size of Offer
28 Sep 21Offer Open
28 Oct 21Pay By
IPO OnMarket Bidding Closed

Austral Resources Australia Ltd ASX: AR1

Austral Resources Australia Ltd
Australian quality copper producing company with advanced exploration tenements

 

All payments must be submitted by 5:00pm (AEDT) Friday 15 October 2021

 

Austral Resources Australia Ltd (ASX: AR1) is a quality copper producing company that owns an operating copper oxide ore processing facility. Austral Resources and Thiess have entered into a Letter of Intent for Thiess to conduct mining services and earthworks on AR1’s new open pit copper mine. AR1  anticipates finalising negotiation and entry into a final binding contract with Thiess on or before the 31st of this month.

 

AR1 has 1,340 km2 of highly prospective exploration tenements near Mount Isa, northwest Queensland. The Company is already producing copper with significant Ore Reserves in the Anthill project only 45 kilometres away from the Mt Kelly processing facility.   Austral currently has a portfolio of over 49 copper targets within its exploration tenure. 

$0.20Price
$30 millionSize of Offer
12 Oct 21Offer Open
15 Oct 21Pay By
Equity Crowdfunding Upcoming

Kredible (Tagg Technologies Pty Ltd)

Kredible (Tagg Technologies Pty Ltd)
Revolutionary talent search platform disrupting Australia’s multi billion dollar recruitment and job search industries.

More Info

Kredible is the next generation of talent search platforms, completely flipping the hiring process on it’s head by offering employers a searchable database of professionals who have all been verified by their previous employers via extensive reference checks, all displayed in an Uber-style review format. 

 

Currently, almost all businesses conduct talent searches through job boards or recruitment agencies via a lengthy, expensive and highly inefficient process. Kredible aims to fix this by offering employers a technology enabled platform to hire talent considerably faster, cheaper and with much more accuracy.

 

Disrupting this process represents a contestable revenue opportunity of over $12 billion in Australia alone.

 

Before investing please consider the offer document and the general risk warning.

 

Equity Crowdfunding Upcoming

Fempro Armour Pty Ltd

Fempro Armour Pty Ltd
Because girls play too.

More Info

Female led, female orientated, female hyped protective wear apparel whose primary values are quickly summarised; gear up and play hard.

 

Female participation is on the rise in the sporting industry, women no longer cook and clean dishes, they cook and clean their exhaust pipes… with 39m women globally playing impact sports.

 

The sports protective market was valued at USD 8.24B in 2018, and is growing at a CAGR of 4.01%. With the extreme sports market booming, and gender dynamic change, Stephanie Bofinger, a Fempro, spotted a crucial market need; protective wear created by a woman for a woman.

 

Impact sports require impactful prevention, which means impactful protection.

 

Before investing please consider the offer document and the general risk warning.