SignalFire is the first database to screen engineering talent and consumer trends to best predict future startup success. It could also be the most sophisticated recruitment tool by holding and manipulating the market supply and demand data, pending its success.
According to Farmer, SignalFire’s platform, Beacon, tracks more than half a trillion data points that it collects from two million data sources, from patents to academics publications to open source contributions to financial filings. As a result, SignalFire is able to keep close tabs on the comings and goings of millions of engineers around the globe. And that’s just one piece of the picture. SignalFire also invests heavily in unstructured data, including raw consumer transactions that allow Beacon to see where consumers are spending their time and money — and which companies and sectors are growing or