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Wellfound description
Wellfound is a platform used by startups and investors. For job seekers, it offers a way to find positions at startups. Recruiters can use Wellfound to find talent and manage the hiring process. It also provides tools to manage investments, fundraising, and other startup-related operations.
Who is Wellfound best for
Wellfound is a platform that streamlines the hiring process for startups, especially those in the tech industry. It connects companies with qualified candidates, manages job postings, and facilitates communication. Users praise Wellfound's intuitive interface and access to a strong talent pool, while some note limitations in filtering options and occasional inconsistencies in candidate responsiveness. Overall, Wellfound offers a valuable resource for startups seeking efficient hiring solutions.
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Best for startups and small to mid-sized businesses.
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Ideal for tech companies seeking talent.
Wellfound features
| Supported Wellfound connects startups with potential investors, streamlining the fundraising process. |
| Supported Wellfound provides software to manage investor relations, enabling actionable engagement. |
| Supported Wellfound offers banking solutions for secure and flexible capital management. |
| Supported Wellfound offers 50+ services to streamline fund management for various fund types. |
| Supported Wellfound provides modern cap table management with automation features. |
| Supported Wellfound offers a branded, secure platform for sharing documents with LPs. |
| Supported Wellfound provides a bespoke portal to facilitate investor engagement. |
Wellfound reviews
We've summarised 44 Wellfound reviews (Wellfound G2 reviews) and summarised the main points below.
- Streamlined job posting process and intuitive interface
- Free job posting with salary range, tags, and alternative job titles
- Centralized messaging with candidates and helpful email notifications
- High-quality candidate opportunities and amazing navigation
- Great user interface and ease of use
- Excellent candidate management and pipeline features
- Effective sourcing of qualified candidates, leading to successful hires
- Helpful support team
- Good way to find startup opportunities and hire candidates
- Strong replacement for Indeed for Startups
- Access to quality candidates
- Well-designed platform that delivers on its promises
- More curated talent pool for the tech sphere
- Free job posting and integration with ATS (Greenhouse)
- Intuitive portal connecting users to unique startup jobs
- Highly recommended for top-tier candidates
- Excellent partner for hiring
- AI-driven recruiting that works
- Access to strong passive candidates and responsive support team
- Sourcing made easy and affordable
- Good signal-to-noise ratio
- Personal care and follow-up from A-List managers
- Startup community hub with automation and AI
- Easy filtering and connection with candidates
- Flexibility and available options
- Direct messaging of candidates within the platform
- Easy browsing, matching, and conversing with candidates
- Great source for top talents
- Simple and effective hiring process
- User-friendly interface
- Higher response rate than other platforms
- Helps fill roles and expand the candidate pool
- Most candidates are interested in smaller companies
- Saves time and effort in sourcing candidates
- Takes on the hassle of hiring and provides a shortlist of reviewed candidates
- Makes the hiring process smoother and more efficient.
- Limited filtering options for candidate searches
- Varied response rates from candidates
- Lack of rejection option for accepted candidates
- Limited access to candidates outside of technical roles
- Workplace settings can be difficult to configure accurately
- Some startups are not as responsive as expected
- Equity/salary options need improvement
- Account suspensions without explanation
- Agencies posing as candidates
- High paywall for useful features
- Profiles can be confusing with errors
- Difficulty posting equity-only roles
- Lack of part-time role option
- Sourcing function is limited and not customizable
- Occasional bugs and scrolling issues
- Prioritization of paid job postings over unpaid ones
- Conversation and tracking features are clunky
- Salary and equity disclosure requirements
- Long wait times for candidate submissions and calibration effects
- Many unqualified candidates
- Lack of salary information after reaching out to a candidate
- Larger companies dominating the platform
- Difficulty filtering for candidates with specific experience levels
- Candidates often have multiple offers
- All team roles visible instead of just individual roles
- Lack of tools for team collaboration on candidate review
- Search filters are not always accurate
- Excessive emails
- High pricing structure
- Buggy platform features, such as calendar integration issues
Wellfound pricing
The commentary is based on 9 reviews from Wellfound G2 reviews.
Wellfound offers free job postings, attracting users with budget limitations. While some find certain features require a paid subscription, many consider the platform cost-effective, especially compared to recruiter fees. Some users mention paid features being "a bit much".
See the Wellfound pricing page.
Base
Best for funds under $3M. Includes fund admin, legal fund formation, investor closings, transaction reviews & valuation support, fund filing & tax services.
Core
Best for funds between $3M—$30M. Includes everything in Base, plus a dedicated account manager and unlimited investments.
Institutional
Best for funds over $30M. Includes everything in Core, plus all add-on services included, audit support, and quarterly financials.
Wellfound alternatives
HireologyBetter fit for multi-location businesses, especially in automotive, healthcare, and hospitality. Hireology offers more comprehensive HR features including onboarding, background checks and HR analytics. More positive user reviews, though growing slower.Read more
iCIMS Talent CloudBetter for enterprise companies and across more industries. Has a larger user base and is growing faster. More established product with better ratings and reviews. However, users report a clunky interface, complex reporting, and occasional glitches. Pricing is considered less transparent. A strong Wellfound competitor for larger organizations.Read more
SAP SuccessFactors HCMBetter fit for enterprise companies, especially in industries like healthcare, manufacturing, and education. More established and recognized in the HR space. Offers stronger HRIS integrations and features, including comprehensive performance management and robust analytics. However, it has a more complex user interface and can be expensive.Read more
Talos ATSBetter for a wider range of industries. Higher ratings on Capterra. More user-friendly and has excellent customer support. Provides direct agency uploads and manager access. Offers seamless job board integration, automated communication, video interviewing, and onboarding tools. Wellfound alternative; Talos ATS competitor.Read more
JazzHRBetter fit for SMBs across diverse industries. A Wellfound alternative and competitor, it has positive pricing sentiment and a user-friendly interface, but has less momentum.Read more
Wellfound FAQ
What is Wellfound and what does Wellfound do?
Wellfound (formerly AngelList Talent) is a recruiting platform connecting startups with job seekers. It offers tools for job posting, candidate management, and investor relations. Wellfound helps startups find talent, manage hiring, and facilitate fundraising, primarily serving the tech industry.
How does Wellfound integrate with other tools?
Wellfound integrates with applicant tracking systems (ATS), like Greenhouse, to streamline the hiring process. It also offers tools for managing investments, fundraising, and other startup-related operations, though specific integrations for these functions are not detailed.
What the main competitors of Wellfound?
Wellfound's main competitors include AngelList for startup connections and fundraising, Hireology for multi-location businesses, and iCIMS Talent Cloud for comprehensive recruitment. Other alternatives like JazzHR and Talos ATS also offer streamlined hiring solutions.
Is Wellfound legit?
Wellfound (formerly AngelList Talent) is a legitimate platform. It's known for connecting startups with talent and investors. Users appreciate the streamlined job posting process and access to quality candidates, especially in tech. However, some have noted limited filtering options and varied candidate response rates.
How much does Wellfound cost?
Wellfound (formerly AngelList Venture) offers fund administration services with three pricing tiers. The Base plan costs $3.5k + 0.75% of fund size, Core costs $20k + 0.2%, and the Institutional plan is $35k + 0.15%. Additional add-on services are available but pricing is not specified. Is Wellfound worth it? It depends on the fund size and needs.
Is Wellfound customer service good?
Wellfound's customer service receives mixed reviews. While some users mention the support team being responsive and helpful, others have experienced account suspensions without explanation. Overall, experiences seem to vary.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.