Finnish talent acquisition startup Jobilla has announced 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.
Jobilla trailblazing in the recruitment industry
The round consists of €7m of equity funding and Business Finland loans and grants. In 2021, Jobilla was awarded as the best recruitment marketing platform by G2, a global review site.
After its previous seed round last year, Jobilla grew 150% in revenue from 2020 to 2021, and is ready to further expand its operations, especially in the German and US markets.
In the United States of America, Jobilla’s clients include companies such as Pfizer and Arkansas Surgical Hospital. In Germany, they serve clients such as the German Red Cross.
Henri Nordström, the CEO and co-founder of Jobilla offered additional insights.
“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.”
Jobilla’s seamless recruitment AI
Jobilla combines AI candidate filtering, a mobile funnel, and top marketing strategies that ensure that the best candidates see the job opportunities, whether they are employed or not.
By analyzing up to thirty five different metrics from the recruitment funnel, Jobilla is aiming to successfully remove obstacles from the candidate’s path, one click at a time.
“Our solution is not really brutally competing with any other company in this $500B+ market because there is no one that is thinking of recruiting so purely from the candidate experience.”
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.
Jobilla thrives despite shift in job market
The Great Resignation and War for Talent is forcing companies to shift from company driven recruiting to candidate-driven, as offering a job with salary perks isn’t enough for top talent.
Eetu Blomqvist, the CTO of Juuri Partners said, “We told Jobilla to talk to us when they hit four million euros in revenue. After a few months, they called us: “we hit that target already”.”
“That convinced us, in addition to an energetic and professionally oriented team.”
“The growth potential in the recruiting market is almost endless, which makes this industry very compelling. We are therefore aiming to help and facilitate companies to grow globally.”
Johanna Nykänen, the Recruiting Manager at Esperi Care in Finland shared his views.
“When Jobilla promised us more candidates, I was skeptical. However, we were surprised by the great results. We were able to get more applicants than by using the old methods.”
“This encouraged us to start using Jobilla in all of the recruitments we do.”
Nordström said, “Companies need to develop their recruitment policies and processes towards candidate-driven recruiting, which makes the experience nice and effortless for the candidate.”
“This usually demands a complete restructuring of the current process.”
“However, with efficient candidate marketing tactics, following metrics and cost-structures of different channels, and fixing the broken process, many organizations can fix the issues in their recruitment, and this is what we at Jobilla are solving right now.”
