Pesto Tech Shut down
Career accelerator and developer-recruiting platform founded in Gurugram, India in March 2017 that trains and places Indian software engineers into full-time remote jobs with global companies; originally ran a 12-week (later 10-month) instructor-led bootcamp funded via an income-sharing agreement, and by 2025 operated as an AI-driven remote-developer recruiting platform for hiring companies before its team was hired by Scale AI…
Pesto Tech: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 8 Oct 2020 | Angel | Undisclosed | Anand Chandrasekaran Andreas Klinger Ankur Nagpal Cindy Bi Derek Anderson Hiten Shah Maran Nelson Ryan Hoover Sahil Lavingia | source |
| 2 May 2019 | Seed | $2 Mn | Matrix Partners India Ashish Tulsian Jack Yeung Nandan Reddy Rahul Jaimini Ritesh Malik Sriharsha Majety | source |
Recent Signals
News on Pesto Tech
No coverage of Pesto Tech linked yet.
L Litmus · by Lapaas
Got an idea like this one? Validate it with the same 9-block framework, free.
Start Free ValidationFAQs on Pesto Tech
How much funding has Pesto Tech raised?
Pesto Tech has raised $2 Mn across 2 tracked funding round(s), most recently on 2020-10-08. Figures are compiled from cited public sources.
Who are the investors in Pesto Tech?
Investors in Pesto Tech include Anand Chandrasekaran, Andreas Klinger, Ankur Nagpal, Cindy Bi, Derek Anderson, Hiten Shah, Maran Nelson, Ryan Hoover.
What does Pesto Tech do?
Career accelerator and developer-recruiting platform founded in Gurugram, India in March 2017 that trains and places Indian software engineers into full-time remote jobs with global companies; originally ran a 12-week (later 10-month) instructor-led bootcamp funded via an income-sharing agreement, and by 2025 operated as an…
Where is Pesto Tech headquartered?
Pesto Tech is headquartered in Gurugram, India.
What is Pesto Tech's business model?
Pesto Tech's core value proposition centers on AI-driven remote developer recruiting with no job posting or screening required, 12-week career-accelerator training for Indian engineers to break into international remote jobs.
How does Pesto Tech make money?
Pesto Tech's cited revenue streams include Income-Sharing Agreement (historical, bootcamp era): 17% of graduate salary for three years, capped at INR 20 Lakh, Recruiting fee (current model): no upfront fee, month-to-month charge only after a hire is made.