Recruitment disruptor talent.io bags €8m growth capital
After launching its London office in December, French company is helping the likes of Transferwise, Dyson and the Arcadia Group fill IT roles
talent.io, the recruitment platform, has €8m in funding from two of its original investors Alven Capital and Ventech.
Founded in Paris in 2015 by Amit Aharoni, Nicolas Meunier and Jonathan Azoulay, talent.io’s platform allows recruiters seeking IT engineers and specialist technology professionals to see small groups of carefully selected candidates. It launched in London last December and Berlin the summer before.
Hiring companies pay a subscription to talent.io, which starts when they successfully recruit a candidate and stop if the employee leaves their role.
The platform claims to have helped more than 2,000 European businesses fill vacant IT roles and works with 200 London firms including the likes of Transferwise, Edited, Curve, the Arcadia Group, Zopa, Viagaogo, Dyson, Entrepreneur First, Ovo Energy, Just Giving and notonthehighstreet.com in the UK.
With this latest investment, talent.io is aiming to increase the number of recruitments on its platform by 1,000% over the next two years.
Azoulay said: “Traditional recruitment agencies and job boards are no longer performing as they should and our IT recruitment platform is taking more market share away from them every day.
“The €8m investment is a vindication of our vision for recruiting in the IT sector and for the potential for talent.io not just as a new way of hiring IT staff but also as a growth business opportunity.”