Finnish talent acquisition startup Jobilla has announced in February the successful closure of an €8.25M funding round led by venture capital investors Juuri Partners and Trind VC. Jobilla has disrupted recruiting across five different continents by building a recruitment solution where each step of the candidate’s experience is analyzed and optimized to the max. The funding round consists of €7M ($7,9M) of equity funding, with the rest coming from Business Finland loans and grants.
After raising its previous seed round only less than a year ago, Jobilla has grown 150% in revenue from 2020 to 2021, and is ready to further expand its operations, especially in the German and US markets. In the US, Jobilla’s clients include companies such as Pfizer and Arkansas Surgical Hospital. In Germany, they serve clients such as the German Red Cross. “We are currently growing exponentially in every market our solution is available in. With the help of our investors, we can accelerate that growth even further by developing partnerships with key players in different markets that can offer our solution in the respective market,” says Henri Nordström, CEO and co-founder of Jobilla.
Jobilla’s solution combines AI-powered candidate filtering, a mobile-supported funnel, and top marketing strategies that ensure the best candidates see the job opportunities – whether they are employed or not. By analyzing up to 35 different metrics from the recruitment funnel, Jobilla wants to remove obstacles from the candidate’s path – one click at a time.
The global recruitment market is currently as hot as it gets. Huge changes are happening both in the way we work, but also where we want to be employed – both physically and mentally. Megatrends like the Great Resignation and the War for Talent are forcing companies to shift from organization-driven recruiting to candidate-driven, as just offering a job with salary perks isn’t enough to attract top talent.