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Job search engine Adzuna scoops £2m from the crowd

500 investors have backed the London start-up via Crowdcube as it looks to improve its digital offering

London-based job search engine Adzuna has secured £2m investment via equity crowdfunding platform Crowdcube.

500 investors backed the crowdfunding campaign in return for a share of 7.9% equity which enabled the company to exceed its original £1.5m target, with a largest single investment of £200,005.

Founded by Doug Munro and Young Gun Andrew Hunter in 2011, the Startups 100-listed website aggregates job, property and car classifieds, allowing users to see results from multiple online sources for one search.

Currently listing over a million jobs and receiving more than six million visitors a month, the company says it is on track to hit £5m in revenue for 2015; no doubt bolstered by its recent expansion in 11 countries including Germany, Australia and India.

This investment, which builds on an earlier £2m round led by Index Ventures, Passion Capital and the Accelerator Group, will be used to grow Adzuna’s team and improve its digital offering.

Henry Williams
Henry Williams

Henry has been writing for since 2015, covering everything from business finance and web builders to tax and red tape. He’s also contributed to many of our industry-renowned annual indexes, including Startups 100 and Young Guns, and created a number of the site’s popular how to guides. Before joining the team, he reviewed films for a culture website, and still harbours ambitions of being a screenwriter.


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