UK-based talent acquisition platform Tribepad has secured a £12 million investment (€13.5m), with which it aims to grow its TA platform. “We’ve grown organically for more than a decade, but now we think the opportunity is greater than ever”, the company added in a statement.
‘Technology that makes the process fairer’
Tribepad is a recruitment software provider, serving some of the UK’s best-known organisations. “We want to give recruiters the power to find the right people”, Neil Armstrong, the company’s chief commercial director, told Recruitment Tech in a video interview at RecFest. “One in seven UK job seekers have applied for an opportunity using our tech”, the company states. “Tech that makes the recruitment process better and fairer for everyone, so more people come to work smiling.”
From candidate assessments to recruitment marketing solutions
The company was founded in 2008 with the aim of building the recruitment technology he wished he had when he was recruiting himself. Subsequently, the platform that now has 21 million users in 16 languages was born. “We’re a talent acquisition platform”, Neil Armstrong told Recruitment Tech. “So that means applicant tracking, system onboarding, video interviewing and an integrated eco system to connect with key partner technologies. From candidate assessments, background checks to recruitment marketing solutions.”
Tribepad’s list of customers includes Tesco, the BBC, Pizza Hut, Subway, and the Church of England.
Tribepad’s primarily UK-based, but has steadily seen growth in terms of international users. In all, the company estimates it currently has 21 million users in 16 languages who use the platform. They current have clients in America, Europe and Australia — and tend to work with organisations with at least 250 staff. Their list of customers includes Tesco, the BBC, Pizza Hut, Subway, and the Church of England.
‘We want an investment partner who can help us grow’
Now the company has secured a £12 million (€13.5m) investment from BGF, one of the UK and Ireland’s most active investors of equity capital in growing companies, investing over £3 billion in more than 500 companies. “We’ve grown organically for more than a decade, but now we think the opportunity is greater than ever”, the company said. “There are thousands more companies who would benefit from using our TA platform, and we want an investment partner who can help us grow — investing in our team, our product and helping us reach a wider audience.”
“There are thousands more companies that would benefit from using our TA platform.”
As far as changes to Tribepad’s senior management, Dean Sadler remains as CEO, along with Neil Armstrong as Chief Commercial Officer and Tom Webb as Chief Operating Officer. After working together for over a decade, co-founders Alexis Twigg and Dan Kirkland both step down from their roles to pursue other interests. Andy McRae will join Tribepad as non-executive Chairman. “He brings a wealth of experience from across the recruitment and technology sectors and has worked successfully with a range of PE-backed businesses”, the company said.
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