Irish startup Jobbio, a recruitment platform, has raised $10 million in Series A funding to expand in North America and the UK.
The funding round was led by IIU, the investment firm led by Irish billionaire Dermot Desmond, and brings the company’s total funding to date to $15 million. Balderton Capital founder Barry Maloney also participated in the round.
Jobbio is a recruitment marketplace for job marketing and matching. According to the company, it has been used by 100 million job candidates globally. The new funds will pumped into further growth in the UK, US, and Canada, with the opening of a new office in Montreal.
“It’s exciting to see our vision come to life,” said Stephen Quinn, CEO of Jobbio. “We started with a simple idea - to make it easy to find and apply for jobs and to make hiring easy and affordable and it's amazing to see it become a global platform that's trusted by some of the biggest companies in the world.”
“Jobbio is bringing something genuinely different to the hiring arena,” added investor Barry Maloney. “They've achieved a huge amount in a very short space of time, and I'm delighted to be involved in the next phase of investment as they further expand into the US.”
Jobbio was founded in 2015 and is based in Dublin with offices in London and New York. Today also saw its competitor Jobbatical raise $4 million in funding.