The global recruitment market is currently as hot as it gets. Megatrends like The Great Resignation and The War for Talent are forcing companies to shift from organisation-driven recruiting to candidate-driven, as just offering a job with salary perks isn’t enough to attract top talent.
To cash in on the trend, Finnish talent acquisition startup Jobilla has raised €8.25 million funding. The round was led by venture capital investors Juuri Partners and Trind VC.
The fresh capital will enable the company to further expand its operations, especially in the German and the U.S. markets. Its clients currently include companies such as Pfizer, Arkansas Surgical Hospital and German Red Cross.
“We are currently growing exponentially in every market our solution is available in. With the help of our investors, we can accelerate that growth even further by developing partnerships with key players in different markets that can offer our solution in the respective market,” said Henri Nordström, CEO and co-founder of Jobilla.
“The growth potential in the recruiting market is almost endless, which makes this industry very compelling. We are there to help companies grow globally,” said Eetu Blomqvist, CTO, Juuri Partners.
“In order to succeed, companies need to develop their recruitment policies and processes towards candidate-driven recruiting, which makes the experience nice and effortless for the candidate. This usually demands a complete restructuring of the current process. However, with efficient candidate marketing tactics, following metrics and cost-structures of different channels, and fixing the broken process, many organizations can fix the issues in their recruitment, and this is what we at Jobilla are solving right now,” Nordström concludes.
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