Finland-based Jobilla, a recruiting tech platform, announced a USD$1.76 million Seed round of venture capital in addition to $845K of government loans and grants, bringing the total for this fundraise to $2.61 million. Jobilla plans to further expand in Germany, Austria, and the Netherlands while also scaling up US operations.
It’s early days for Jobilla, whose website boasts 500+ customers, 75000 candidates reached through campaigns, and 2500 campaigns run.
Jobilla offers “new and modern ways of reaching and finding talent, and performs particularly well with recruiting people who weren’t actively looking to change jobs.“Rainer Oetting, CEO of German Red Cross, a Jobilla customer
Jobilla focuses its message on finding and engaging candidates. “We saw an increasing number of companies struggling to find good candidates for their vacancies and that traditional recruitment software didn’t offer any working solutions to solve these problems. So we built a tool that doesn’t just help our clients to manage their recruiting, but helps them solve their most difficult recruitment needs with innovative digital marketing methods,” said Jobilla Co-founder and CEO Henri Nordström.
Globally, the recruiting tech space is one of the most crowded, however we are starting to see the next wave of tech innovation emerge in the category as the world’s economy emerges from COVID and hiring and business forecasts are bullish.
$582 million was invested globally in recruiting technology during 2021 Q1 alone. In total $2.7 billion was invested globally in work tech during Q1. Get the WorkTech free report and analysis here.