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Jobbio, a careers marketplace that connects employers with jobseekers, has raised €5 million ($5.6 million) in a series A round led by NJF Capital, with participation from Balderton Capital founder Barry Maloney, the Smurfit family (of the Smurfit-Kappa group), and Michael Chadwick, chairman of the Grafton Group.
Founded out of Dublin in 2015 by brothers Stephen and John Quinn, Jobbio strives to differ from “traditional” hiring platforms through helping companies and would-be employees connect and “sell” their respective selves to each other.
“We are not a jobs board, we are not a recruiter, we are not a professional social network — nor do we aspire to be,” said Jobbio cofounder and CEO Stephen Quin. “We are a careers marketplace that makes it easy to discover companies and apply for job opportunities.”
Jobbio boasts some 3,000 companies currently using its platform to find talent, including Etsy, Stripe, eBay, Airbnb, Uber, Intel, and Paypal, and currently operates in the U.S., U.K., and Ireland, with Canada being added to the mix soon.
Effectively what each company has is a landing page of sorts, where it showcases the company culture and the people who work there, and may include photos and videos too. Jobseekers can then “connect” with a company or “follow” them, either by linking their LinkedIn profile or through creating a Jobbio account. This then opens up a two-way channel for both parties to “get to know” each other.
Jobbio says that it plans to accelerate its expansion plans and will double its workforce in the next year across the U.K. and U.S., with plans to open a Toronto hub in late September.
Jobbio is the latest in a long line of recruitment-related investments we’ve seen this year. This year alone we’ve seen The Muse raise $16 million to grow its recruitment service for millennials, which followed Spain-based Jobandtalent’s $42 million raise and Job Today’s $10 million round. Hired also nabbed $40 million and acquired three companies, while Handshake raised $10.5 million to help college students search for jobs and internships.
The top end of the online recruitment industry has also seen some notable moves, with recruitment giant Monster recently acquired for $429 million, while just yesterday CareerBuilder expanded into employee benefits and talent management with its acquisition of Workterra.
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