- HQ: Paris, France
- Company size: 501-1000
- Funding raised: $577M
- Team location: Eastern Europe
- Cooperation time: since 2020
- Product: Security and infrastructure solutions for digital assets
Ledger is a software product company from France that develops hardware wallets for purchasing, storing, swapping, growing, and securely managing cryptocurrencies and NFTs through sensor data, IoT, and ICOs. Ledger has clients in over 200 countries and has already sold more than 6 million devices, securing 20% of the world’s crypto assets. In 2021, Ledger received $380 million from 10T Holdings and became a French unicorn company.
Issue
In 2020, Ledger decided to establish a development hub in Eastern Europe with 10 QA engineers. At that time, our client had a few tech experts in their EE team, operating from a co-working space, while their core team was based in Paris.
To make their expansion to EE as effective as possible, Ledger required professional tech recruitment and legal services, such as tax management, labor law guidance, IP rights protection, and employment contract support.
In order to successfully navigate these complex issues, Ledger turned to Alcor, a trusted service provider of software R&D center solutions that builds teams from 0 to 100 Valley-like developers with unmatched savings in Eastern Europe and LATAM.
Solution
Alcor's skilled headhunters handled full-cycle tech hiring for Ledger: from sending the first CVs of pre-vetted candidates for approval in just 5 days and conducting interviews to making job offers to top-notch QA specialists.
Despite Ledger's management being based in Paris, we maintained seamless remote communication. To streamline recruitment, we suggested conducting all stages in a single day in our office. After Ledger’s managers arrived in Kyiv, we interviewed 5 candidates and made an offer to a QA Manager on the same day.
What is more, our legal and finance specialists helped our client comply with the EU & Ukrainian legislation, enabling transparency in all operations without requiring the registration of a legal entity in Ukraine. Currently, our team continues to work with Ledger, providing tech recruitment and Employer of Record services.
Results
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