Case Studies

From Start-Up to Public Success: The Role of Emerald Resource Group in Segmint’s Journey

Introduction

Segmint, a late-stage software start-up, faced a roadblock in their growth trajectory as they struggled to find the right IT talent to take their business to the next level. Traditional recruitment methods were exhausted, and the company was looking for Enterprise Architects, 10-plus Software Engineers at different levels of experience (from Leads, to Seniors, to Mid-level Software Engineers), and Junior Developers. That’s when they turned to Emerald Resource Group, an Information Technology search firm renowned for extensive expertise in IT recruitment in the NE Ohio area.

Challenge

One of the biggest challenges Segmint faced was finding the brightest and best candidates who were concerned about the financial stability of a start-up. The compensation package Segmint was offering was also a challenge, with a lower base salary but with stock/equity in the company. Moreover, the location of Segmint in Akron, Ohio, made it difficult to attract top talent.

Solution

Emerald Resource Group overcame these challenges by educating and advising candidates on Segmint’s stability and growth potential. In the long run, everyone who joined the company ended up making a lot of money on the stock when the company was sold, but in the short run they made a little less money in the base salary. We were able to overcome company candidates’ skepticism by showing them Segmint’s sales projections and profitability growth trajectory. From a financial standpoint, we were able to put together a win-win situation.

We also convinced the leaders at Segimint to offer Work from Home options before anyone was really offering remote opportunities, which made the location of Segmint less of a challenge. Our extensive network and knowledge of the local market, selective approach, personalized touch, and meticulous screening process made all the difference.

Result

Emerald Resource Group helped Segmint hire a total of 18 IT professionals, most of which took 25 to 35 days to find. The Enterprise Architects took over four months as they were a very-hard-to-find IT talent. With the right talent in place, Segmint was able to deliver cutting-edge products and services to its clients, resulting in increased revenue and market share. The company’s success caught the attention of investors, and they eventually went public, rewarding many of the IT professionals and executives financially.

Impact

Many of the IT leaders that we helped recruit went on to start their own companies, creating more job opportunities in the NE Ohio area. The ripple effect of Emerald Resource Group’s work extended beyond the initial engagement, creating a positive impact on the local IT ecosystem.

Testimonial

“The impact of Emerald Resource Group’s efforts was remarkable. With the right talent in place, Segmint was able to deliver cutting-edge products and services to our clients, resulting in increased revenue and market share. The company’s success caught the attention of investors, and we eventually went public, rewarding many of the IT professionals and executives financially.” – Gary Salhany – CFO and Nate Shahan – COO.

Conclusion

Emerald Resource Group’s strategic IT recruitment solution helped the start-up overcome its biggest challenges: building a top-notch IT team and achieve exponential growth. Our work didn’t stop there – our efforts had a ripple effect on the Northeast Ohio IT ecosystem, creating more job opportunities and paving the way for even more growth. If you’re looking to take your IT team to the next level, contact Emerald Resource Group today to learn more about our proven IT recruitment solutions.

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