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iRecruit Net Worth 2024 Update (Before & After Shark Tank)

iRecruit, a software company, was started by Aleksandar Svetski on July 1, 2015. iRecruit’s net worth was $9 million at the time of their pitch in 2017 based on the $200,000 offer for an 2.2% of equity of the company. 

They appeared on Season 03 of Shark Tank Australia in 2015. But the Sharks were not interested in investing in iRecruit. Because, the team is very young and lacks experience to bring a product to market, and on the other hand, the expectations and plans keep changing in every board meeting.

As of 2024 January, the company is not still in business. After year Shark Tank aired, the Twitter account went down. However, then Aleksandar Svetski introduces another app called amber. It makes huge profits later on. It has now surpassed 1 Billion USD  in assets.

iRecruit Net Worth

Net worth$9 million (When appeared on Shark Tank Show)
Annual Sales Revenue
Profits
Lifetime sales
InvestorNone
FounderAleksandar Svetski
Employees11-50 employees

iRecruit Net Worth Timeline

Net Worth 2024Out of Business
Net Worth 2023Out of Business
Net Worth 2022Out of Business
Net worth valuation 2017 before appearing on Shark Tank  $9 million

iRecruit Pitch on Shark Tank

Company nameiRecruit
ProductTechnology that ranks resumes to find best suit job applicant
EpisodeSeason 03 Episode 01
FounderAleksandar Svetski
Asked for$200,000 for 2.2% Stake
Final dealNo Deal
SharksNo Sharks
LocationBrisbane, Queensland, Australia

Don’t miss these product from Season 03

iRecruit Founder

iRecruit was founded by Aleksandar Svetski in 2015. He’s 36 years old and has found the most effective behavior models from the last 100 years. He took the best parts from each and made the process engaging by turning it into a software. iRecruit’s founder, Aleksandar Svetski, has a net worth of 1 Billion USD as of 2024.

Key accomplishments

YearAccomplishment
2015iRecruit Australia PTY LTD secured $100,000 in seed funding from investors, including Aleksandar Svetski and two others.
2017The company appeared on Shark Tank Australia Season 03.

Conclusion

Some companies that appear on the show have not achieved great success, and the iRecruit was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  iRecruit went out of business in 2018. And the product is no longer available in the market.

What do you think?

Written by GAG Team

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