HackerEarth

HackerEarth
Formerly
 MyCareerStack
Industry Software Company
Founded November 2012
Founders Sachin Gupta
Vivek Prakash
Headquarters Fremont, California, USA
Number of locations
 Bangalore, Pune, Mumbai, Delhi, London, China, Japan
Products
  • HackerEarth for Developers
  • HackerEarth Recruit
  • HackerEarth Sprint
Website hackerearth.com

HackerEarth provides enterprise software solutions that help organisations with their innovation management and technical recruitment needs[1]. HackerEarth has conducted 1000+ hackathons and 10,000+ programming challenges till date. Since its inception, HackerEarth has built a developer base of over 2 million+[2]. HackerEarth has raised close to $5 million in funding over three rounds[3]. Today, more than 750 customers worldwide use its Sprint and Recruit platforms, including Amazon, Walmart Labs, Thoughtworks, Societe Generale, HP, VMware, DBS, HCL, GE, Wipro, Barclays, Pitney Bowes, Intel, and L&T Infotech[3][4].

History

Founded in November 2012 by Indian Institute of Technology Roorkee alumni Sachin Gupta and Vivek Prakash[5], HackerEarth began its journey as MyCareerStack[6][7] a social interactive platform geared toward technical interviews. Initially, the learning platform was aimed at leveling the playing field for technical interviews for campus students via tutorials on concepts in programming, blogs, interview questions, an online code editor, and a discussion forum.

Later, Sachin and Vivek pivoted this idea to create an automated technical screening product[1] that helps in hiring skilled developers cost effectively — and launched the product in February 2013. Two years later, HackerEarth launched its innovation management software[8]; an upgraded version was released in early 2018.

The startup was part of the first batch of GSF Accelerator in 2012[9], and it later secured $500,000 from early-stage investor Prime Ventures[10]. The Bangalore- and California-based company raised $4.5 million in a Series A[11] round led by DHI Group Inc. with participation from Prime Ventures and Beenext in February 2017[3].

As of July 2018, HackerEarth has 180 employees. The company is headquartered in Fremont, California, USA. Apart from offices in Bangalore, Pune, Mumbai, and Delhi, HackerEarth has offices in London, U.K, as well.

Funding

HackerEarth raised a total of $5,000,000 in funding over three rounds. The startup secured $500,000 from startup incubator Angel Prime and GSF Accelerator in 2014. The Bangalore- and California-based company raised $4.5 million in a Series A[11] round led by DHI Group Inc. in April 2017.

Products and Services

Recruit

Recruit is a technical recruitment platform[12] that helps organizations hire developers using automated technical talent tests. The proprietary tech assessment platform vets technical talent through skill-based evaluation and analytics. Companies also use the B2B product for lateral recruitment and university hiring.

Sprint

Sprint is an innovation management software solution that drives innovation through internal and external talent pools for organisations. Originally started as a hackathon organising tool, Sprint has evolved into idea management software (Sprint 2.0) for collaborative problem solving.

Startup Connect

Startup Connect was launched in April 2018[13] as a launchpad for early-stage startups with a functional prototype to collaborate and co-innovate with large organizations, which provide mentorship, assistance, and resources, and fast-track their growth. For the startups registered with the program, HackerEarth conducts webinars, interviews, and meet-ups with industry leaders to provide tips to build ideas into successful companies.

Challenges

HackerEarth Challenges include hackathons, programming challenges, and coding competitions for developers and companies.

Practice

HackerEarth Practice offers programming tutorials (data structures, algorithms, math, Python, machine learning, etc.) and practice problems for developers to hone their skills. Code Monk v2.0 is a curated list of topics to help aspiring coders improve their programming skills.

Awards and Recognition

HackerEarth was a finalist at the Seedstars World startup competition held in Geneva in February 2014[14]. HackerEarth won the India regional competition for Seedstars, which had over 50 finalists.

HackerEarth appeared on Nasscom’s EMERGE 10 list in 2015.[15]

Sachin Gupta was featured on the 2016 Forbes 30 under 30 Asia (Enterprise Technology) list[16] .

Business Insider picked HackerEarth as one of the hottest enterprise startups in 2017[17]. Investors found the company to be 10.2x more valuable in 2017[18] than the previous valuation.

Whitepapers

References

  1. 1 2 "Coolest Start-ups 2015: HackerEarth helps find top-quality coders for tech companies". www.businesstoday.in. Retrieved 2018-09-15.
  2. ↑ "An Innovative Platform By The Developers By The Developers: HackerEarth". www.code-brew.com. Retrieved 2018-09-15.
  3. 1 2 3 "HackerEarth Secures $4.5 Mn Funding From DHI Group Inc., Aims To Expand International Footprint - Inc42 Media". Inc42 Media. 2017-04-12. Retrieved 2018-09-15.
  4. ↑ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 2018-09-15.
  5. ↑ "Provide direction and goals to your team without micromanaging, and be open to new ideas and approaches," says Vivek Prakash, co-founder of HackerEarth". economictimes. 2013-03-12. Retrieved Jul 23, 2018.
  6. ↑ "CareerStack Innovations Pvt. Ltd. does not have any Key Executives recorded".
  7. ↑ "HackerEarth in finals of global startup competition | Gadgets Now". Gadget Now. Retrieved 2018-09-15.
  8. ↑ "Tech firm HackerEarth launches co-innovation platform 'Startup Connect'". The News Minute. 2018-02-28. Retrieved 2018-09-02.
  9. ↑ "Launch pads: How many startups has GSF Accelerator bred for success?". Techcircle. 2018-05-01. Retrieved 2018-09-15.
  10. ↑ "India-based HackerEarth secures $500K in seed funding round". Venture Capital Post. 2014-02-25. Retrieved 2018-09-15.
  11. 1 2 "HackerEarth gets $4.5 mn in Series A funding". VCCircle. 2017-04-12. Retrieved 2018-09-02.
  12. ↑ "Start-ups devise hiring platforms for tech jobs".
  13. ↑ "Tech firm HackerEarth launches co-innovation platform 'Startup Connect'". The News Minute. 2018-02-28. Retrieved 2018-09-03.
  14. ↑ "HackerEarth in finals of global startup competition - Times of India". The Times of India. Retrieved 2018-09-02.
  15. ↑ Srivastava, Moulishree (2015-10-13). "Nasscom's top 10 hottest start-ups". Live Mint. Retrieved 2018-09-02.
  16. ↑ "30 Under 30 2016 Asia: Enterprise Tech". Forbes. Retrieved 2018-09-02.
  17. ↑ "The 18 hottest enterprise startups of 2017". Business Insider. Retrieved 2018-09-02.
  18. ↑ "The 18 hottest enterprise startups of 2017". Business Insider. Retrieved 2018-09-03.
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