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 | – |
| Investor | None |
| Founder | Aleksandar Svetski |
| Employees | 11-50 employees |
iRecruit Net Worth Timeline
| Net Worth 2024 | Out of Business |
| Net Worth 2023 | Out of Business |
| Net Worth 2022 | Out of Business |
| Net worth valuation 2017 before appearing on Shark Tank | $9 million |
iRecruit Pitch on Shark Tank
| Company name | iRecruit |
| Product | Technology that ranks resumes to find best suit job applicant |
| Episode | Season 03 Episode 01 |
| Founder | Aleksandar Svetski |
| Asked for | $200,000 for 2.2% Stake |
| Final deal | No Deal |
| Sharks | No Sharks |
| Location | Brisbane, 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
| Year | Accomplishment |
| 2015 | iRecruit Australia PTY LTD secured $100,000 in seed funding from investors, including Aleksandar Svetski and two others. |
| 2017 | The 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.
