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The professional network

for remote work

A highly-experienced team
aiming to capture the $1 trillion
recruiting and staffing market
We’re working on becoming
- to LinkedIn, Indeed, and ATSs -
what WhatsApp is to iMessage,
and Google is to Yahoo
Numerous trends are merging
into a major opportunity:
A.
Before COVID-19,
remote work was
already growing fast
B.
Traditional recruitment is no match
for the flexible workforce

By 2027, 51% of adults 80% of companies


will be will use
gig/liquid/freelance workers a flexible workforce

Freelancers Union, Upwork Intuit 2020 report


https://www.slideshare.net/upwork/freelancing-in-america-2017/1 https://http-download.intuit.com/http.intuit/CMO/intuit/futureofsmallbusiness/intuit_2020_report.pdf
C.
Artificial intelligence
will match candidates
and teams
5.0b Humans at working age

D.
Four billion humans
of working age
don’t have a 2.0b Facebook MAU

professional profile
106m LinkedIn MAU

55m Indeed MAU


• Population and Internet users data from https://www.internetworldstats.com/stats.htm
• Facebook data from https://techcrunch.com/2017/06/27/facebook-2-billion-users/ (at time of visit - May 28, 2018) 35m Monster MAU
• LinkedIn data from last self-reported, Q3 2016. Interesting blog post about it: https://medium.com/@wtfmitchel/linkedin-10-million-monthly-
active-users-a482e2ecc086
• Indeed, Monster, Glassdoor, and ZipRecruiter data from http://www.ebizmba.com/articles/job-websites, which appears to inflate data when 35m Glassdoor MAU
compared to actual Alexa results.
• Freelancer.com and Upwork.com don’t publish their unique active users. However, we have estimated these figures based on their public 15m Freelancer.com MAU
reports of registered users, published jobs, and other interaction metrics self-reported by the respective companies.

10m Upwork MAU


A new category will emerge:

Platforms for automated, data-driven recruiting

(with natural moats and winner-takes-all dynamics)


At Torre, we’re building
THE global platform
for the future of work
Started with a strong team

Alexander Andres Mike Linda


Torrenegra Cajiao Shoemaker Rottenberg
CEO [Technical] Chief Growth Officer Investor and advisor Advisor

• Founded Voice123 and Bunny • Dropped out of high-school at 14 to • Former executive at Uber. • Founder and CEO of Endeavor.
Studio. focus on his social media agency. • Managed 500,000+ Uber drivers.
• 7+ related patents.
• MIT Innovator Under 35.
• World Economic Forum’s Young
Global Leader. Diego Marietje John Alexis
• Endeavor Entrepreneur. Piacentini Schaake Guerra, Ph.D.
Investor and advisor Advisor Advisor
• YPO.
• Angel investor.
• Investor “shark” on Shark Tank • Former exec. at Amazon and Apple. • Dir., Stanford’s Cyber Policy Center. • Data science professor.
Latin America. • Managed 60,000+ employees. • Institute for Human-Centered A.I. • UCBerkeley.
We’re set to win

We’re experts at using AI We're award-winning We have unique insights


to match talent and innovators obsessed with and proprietary
companies ‘first-principles’ technology

We’ve created successful We started with the question, 7,000+ user-research sessions
companies that automatically ”if recruiting was invented 30+ countries
identified talent for 1,000,000+ today, what would it be like?” 200+ predictive models
projects (Disney, Google, And we built it. 6+ patent applications
Spotify, etc.)

1st:

2nd:
Minimum-viable Target a small market:
product Remote tech jobs
2018 2019
Virality potential validated
6 patent applications submitted First focus: attracting candidates

□ 3rd:

4th:
Blitzcale in the remote sector. Local jobs.
Match-making algorithms. Monetization.
2020
2x growth month-over-month
Start pilots with companies
$5.0b$2.0b
Sponsored listings App store for tests and background checks

How we’ll reach >$10b in revenue

$1.5b$1.5b
( Indeed revenue: $2.4b/year • LinkedIn revenue: $5.8b/year )

Add-on services for candidates Payroll and payment services

https://www2.staffingindustry.com/site/Editorial/Daily-News/Recruit-revenue-up-11-in-fiscal-Q3-Indeed-revenue-up-61-45066 https://www.thestreet.com/opinion/microsoft-earnings-show-linkedin-deal-is-paying-off-14657542
The global recruiting and
staffing industry is BIG $1.14
and growing fast: trillion

$1 trillion
$642
billion

2017 2023
(est.)

https://www.kdmarketinsights.com/product/recruitment-market-2017
200+ companies queued up to start pilots
They’re adopting us quickly
because we’re
disrupting the status-quo
Torre ATSs Indeed LinkedIn Upwork

• Remote full-time and gig-friendly ☑ ☐ ☐ ☐ ☑


• Candidate-to-team matching ☑ ☐ ☐ ☐ ☐
• PageRank-like reputation graphs ☑ ☐ ☐ ☐ ☐
• Automated filtering, ranking, and prediction ☑ ☐ ☐ ☐ ☐
• Professional genomes instead of résumés ☑ ☐ ☐ ☐ ☑
• Tinder-like matching ☑ ☐ ☐ ☐ ☐
• Automated network referrals ☑ ☐ ☐ ☐ ☐
• Monetization that doesn’t slow down network effects ☑ ☐ ☑ ☐ ☐
• Matches using interests, experience, skills, personality ☑ ☐ ☐ ☐ ☐
traits, aspirations, cultural fit, compensation
expectations, professional reputation, availability, etc.
90% reduction in
screening time

5x candidate
engagement

98% candidate
satisfaction

† Compared to previous recruiting processes outside Torre. Self-reported by Torre users by Jan 10, 2020.
Torre grows with native virality:

Candidates
Candidates Candidates Companies Companies Communities
ask for
ask for share their ask for share their create and share
verifications and
360° reviews online profiles referrals gig/career pages subtorres
recommendations

Attracts Attracts
new companies new candidates
to Torre to Torre
Promising
early
traction

Genome visits, monthly


A global and diverse team
and group of investors
Funding
First equity round

Current
round
(Seed)

Pre-seed
$5m
Proceeds of investment

Tech Growth
Engineers Growth marketers
Data scientists Growth engineers
Psychologists Branding
Product designers
UX researchers
Patents
Appendix A:

Key innovations
Valuable, viral
recommendations
without
recommendation letters

Torre introduced the concept of


recommendation weight: PageRank for people.
Weighted recommendations come from people
who have been recommended by others.
Professional
reputations that
cut the crap and
everyone can trust
At Torre, claims and experience are verified by
others. Recommendations depend on shared
experiences. Data is structured and AI friendly.
Signals:
a new way to network
At Torre, users can signal others to indicate
they’d consider working with them.
Consequently, they’ll get notified of relevant
opportunities. Companies can also signal
candidates and share lists of signals.
Candidate-to-people
matching
Using AI, Torre uses hundreds of matching
factors, including verified skills, values,
personality traits, cultural fit, and aspirations,
among others.
Torre’s ‘professional genome’ can be used for:

Job boards Marketplaces HR

Candidate tracking Gig platforms Financial scoring

Education Investing Lead scoring

And much more...


Micro vouches Unbiased recruiting
Corporations shouldn’t
own your professional
reputation. YOU should.
We’re currently researching Torre Protocol, a
decentralized network that enables people to
build and use their professional reputations
across the web.
Appendix B:

Ideal user growth and associated milestones


See how it works

Visit Alexander Torrenegra’s professional genome at:

torre.bio/torrenegra
Thank you!

Alexander Torrenegra
torre.bio/torrenegra
a@torre.co
“ The world’s most valuable resource


is no longer oil, but data
-The Economist

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