Luxembourg-based mobile recruitment platform Job Today has announced a $10 million Series A round led by Accel. Felix Capital and Mangrove Capital Partners also took part in the round.
Job Today, having previously launched in Spain in May last year, will now move into London and Paris with a US launch planned later this year.
It connects job seekers in the service industry with businesses that are hiring with a view to filling or shortlisting for positions on the same day. Employers can interact with prospective employees through the app’s chat function and see who’s interested in their jobs.
“We are planning to launch Job Today in the U.S. in 2016. We set out to be a global solution to fix the broken recruitment industry – this is a $400bn industry globally with approximately $260bn in low-skilled staffing. There are 200 million unemployed people worldwide and Job Today can help them,” said COO and co-founder Polina Montano.
The startup was founded by Montano and Eugene Mizin (pictured above). Montano had previously run a chain of petrol stations and was frustrated with the old hiring process. According to the startup, 75% of job applications still happen through the traditional CV. It now claims to have helped 10,000 people find work and processed two million applications since its launch.
Deliveroo, Reiss, Ann Summers, and YouMeSushi have used the app in their recruitment drives.
“In enabling SMEs and the service industry, two under-served parts of the job market, hire staff quickly and easily, we’ve helped thousands of people find jobs in just eight months,” said Montano. “The initial traction, round of funding and new market launches are important steps towards expanding the business further and fulfilling our goal.”
The $10 million will be used to further its international growth. Sonali De Rycker, venture capitalist at Accel, will be joining Job Today’s board.
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