Teamable operates in the recruitment technology market, providing an intelligent employee referral platform designed to streamline and enhance the hiring process. The platform is tailored for businesses looking to expedite their hiring timelines, reduce recruitment costs, and improve the quality and diversity of their hires. Teamable's core service leverages employee networks to source candidates, significantly cutting down the average hiring time from 52 days to 29 days and reducing the cost per hire by up to 75%. The platform integrates seamlessly with existing Applicant Tracking Systems (ATS), ensuring that referral data is efficiently managed and tracked throughout the hiring pipeline.

Teamable's user-friendly interface and gamification features encourage high employee engagement and participation in the referral process. Employees are incentivized to refer candidates through a system that makes the process engaging and rewarding. Additionally, the platform offers robust reporting and analytics tools, providing businesses with clear insights into their hiring metrics and the effectiveness of their referral programs.

The company primarily serves mid to large-sized enterprises across various industries, focusing on those that prioritize efficient and cost-effective hiring solutions. Teamable's business model is subscription-based, generating revenue through recurring fees for access to its platform and additional services.

Keywords: employee referral, recruitment technology, hiring platform, gamification, analytics, diversity hiring, ATS integration, cost reduction, employee engagement, talent acquisition.