Hiring Hub has raised a further £725,000 to develop its award-winning recruitment platform, continue scaling its team, and fuel sales and marketing activity.
The Manchester-based startup, which now has 24 staff, is used by over 500 employers and ranked among the UK’s top 10 recruitment companies by independent review site Trustpilot.
Last year it grew users by 102% and active jobs by 83% following a £1.35m cash injection in 2017 from Maven Capital Partners, using its Northern Powerhouse Investment Fund (NPIF), and existing investor VentureFounders.
The latest round of funding has been secured from the same investors as well as Manchester Tech Trust Angels.
“The business has made real progress over the last 18 months,” said Simon Swan, CEO of Hiring Hub.
“It’s fantastic to have investors onboard that back our vision of supporting the UK’s 16,000+ independent recruitment agencies, while using technology to provide transparency, choice and speed – in doing so enhancing the customer experience – in what is a £35 billion domestic market.”
James Codling, managing director of VentureFounders said: “We have backed Simon and the team since 2014. It’s great to see this Manchester-based business securing further VC capital and demonstrating strong growth. We’re delighted with Hiring Hub’s continued success, this capital being pivotal in allowing the company to scale and achieve its full potential.”
