TalentPool secures £300,000 to develop “new breed of recruitment”

Tech start-up which counts Deliveroo, iwoca, and Adbrain as clients now plans to build out its business portfolio

London-based tech start-up TalentPool has closed a £300,000 funding round involving a group of angel investors including HostelBookers founder Kingsley Duffy and Carbon Search chairman Stephen Warrington.

Odgers Berndtson chairman Richard Boggis-Rolfe also participated in the round.

Founded in 2013 by Tom Davenport and Andrew Lavelle (pictured), TalentPool enables businesses to hire directly from the members on the platform using technology which matches them with candidates who meet their requirements.

Job hunters are effectively able to be contacted with jobs they want from companies that want them.

The start-up – which promises to offer a “new breed of recruitment” – says 250 companies have used its site to hire staff so far, including Deliveroo, GoCardless, Adbrain, and iwoca, with over 15,000 job hunters registered to the site and 20% month-on-month revenue growth since October 2015.

It will use the funding to develop its job matching algorithm and expand its client base.

Davenport commented: “We’re really excited about what the next six to 12 months will bring. If we can continue the growth of the past year then that would be a great result. With this injection of capital, we’re hoping to exceed that.”

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