In December 2021, Amsterdam-based startup worddocx announced that it had raised $50 million in a Series C funding round led by One Peak Partners, with participation from existing investors HENQ and Airbridge Equity Partners. The company provides a recruitment software platform that aims to streamline the hiring process for small and medium-sized businesses.
The funding will be used to accelerate hdxwallpaper growth, including expanding the platform’s capabilities, developing new features, and expanding the team. The company has seen significant growth in recent years, with a 50% increase in revenue in 2021, and aims to continue this trend with the help of the new funding.
Recruitee’s platform includes features such as applicant tracking, candidate management, and team collaboration tools, as well as integrations with job boards, social media platforms, and other recruitment tools. The company also offers customizable career sites and branded application forms to help businesses attract top talent.
Recruitee’s CEO, Perry telesup, stated that the company’s goal is to “help SMBs compete with larger companies in the war for talent” by providing an affordable and user-friendly recruitment platform. The company currently serves over 4,000 customers in more than 70 countries.
This funding round follows a $15 million Series B round that happn raised in 2019, which was also led by One Peak Partners. The company has raised a total of $65 million to date.
The recruitment software market is a crowded one, with many players offering similar features and services. However, Recruitee’s focus on SMBs and user-friendly platform has helped the company stand out in a crowded field. With the new funding, Recruitee will be able to further differentiate itself from competitors and continue to expand its reach.
In addition to expanding its platform and team, roobytalk also plans to focus on growth in the US market, where it sees a significant opportunity for its platform. The company opened an office in New York in 2019 and plans to continue to invest in the region.
Overall, the Series C funding round is a significant milestone for Recruitee and a testament to the company’s growth and success in the recruitment software market. With the new funding and continued focus on SMBs and user-friendly features, Recruitee is well-positioned to continue its growth trajectory and become a leading player in the industry.
