Cloud start-up gets €300K investment; plans 15 jobs
Careergro co-founders John Costello, Gerard Cunningham and Kevin Sorohan
Careergro, a new HR start-up that has tapped into the cloud to create a career development tool for employees and companies, has gleaned a €300,000 cash injection from private investors and Enterprise Ireland.
The start-up was set up in 2010 and is based at NovaUCD. Its co-founders Kevin Sorohan, John Costello and Gerard Cunningham said they are planning to use the funding to support their business expansion plans.
The trio is also planning to hire an extra 15 people over the next three years.
Careergro is also opening a new sales office in Hammersmith, London, to support its expansion into the UK market.
The start-up's cloud-based career development software tool for employees is already being used in blue-chip companies, such as Vodafone and Heineken.
Tracking your career development in real time
Careergro is free to use for individuals and for groups of up to 50 people.
Sorohan said employees can use the site to help with their career development and to assess their skill sets.
He said people can track their career development progress and achievements, while feedback is recorded in real time.
The start-up will be launching its Careergro tool into the UK market today at the 2012 Chartered Institute of Personnel and Development HRD Learning and Organisation Development conference.
Careergro's co-founders all have had careers involving technology. Sorohan (now CEO) is a serial entrepreneur, with a track record of founding and selling technology companies. Prior to co-founding Careergro, Costello was an engineer in the innovation and product development field. Cunningham has more than 20 years of international experience in product development, project management and business development for multinational tech firms.