Candidate.ID, Glasgow-based ‘global recruitment technology start-up of the year 2019’, has announced that it has received significant investment from Jacobo Invest UG.
The six-figure investment will be used to accelerate product development and further build Candidate.ID’s customer solutions and customer success teams.
Adam Gordon, CEO and Co-Founder at Candidate.ID, said:
“This investment represents confidence in our growth potential, business plan and rising presence in the industry. We offer talent pipeline software which is unique internationally and this investment will enable us to meet the needs of more companies faster.
“It has been a fantastic twelve months for Candidate.ID, having won two prestigious industry awards in Amsterdam and San Francisco, taken on new customers including IBM and appointing Jane Mackie as CFO.
“We’re really excited about the next twelve months and beyond. This investment will enable us to accelerate our plans.”
Commenting on the investment, Andreas Burike of Jacobo Invest UG added:
“Candidate.ID solves a huge problem for employers who need to better understand their talent pipelines. Based on this company’s team, product and positioning, they have the opportunity to create expansive new market space in HR and that’s why we wanted to get involved early.”
Candidate.ID customers include Capita, Nationwide, Specsavers and Thermo Fisher Scientific.
Candidate.ID was crowned winner of the renowned 2019 Recruiting Technology Startup Awards in February. It was also the winner of the global recruitment start-up competition at UNLEASH World Conference, the world’s biggest HR event, in November 2018.