Yroo, a search engine designed specifically to help you shop, has announced it will create 33 jobs at its new Dublin office over the next three years.
Founded just two years ago in Canada, Yroo is currently transacting across 35 countries in North and South America, Europe and Asia. In August, they received $11m in seed funding.
Yroo revealed via ConnectIreland that it will establish its first Irish office in Dublin, with the creation of 33 jobs over the next three years.
In recent years, the ConnectIreland programme has offered financial incentives to Irish people travelling abroad on business, to encourage companies to move some of their operations here.
In this instance, Yroo was introduced to ConnectIreland through Dubliner Frank Keane, who came across the company through his work with EisnerAmper Ireland.
Over the course of the past year, Yroo has conducted more than 25m transactions and $2m in purchases across 7,000 merchants.
Yroo has also increased its customer base to more than 10m users, and is currently growing at an average of 15,000 new registered users per day, primarily driven by peer-to-peer recommendations.
‘We believe that Ireland is the right place for us’
The 33 roles created at its first Irish office will be responsible for management and international sales, as well as business development, marketing, software development and customer support.
“We’ve seen such a rapid adoption in a very short period of time because we’re finally able to give users the tools to easily find exactly what they want,” said James Cunningham, CEO of Yroo.
“We believe that Ireland is the right place for us to be, in order to continue to break new ground and grow well into the future.”
Canada’s ambassador to Ireland, Kevin Vickers, welcomed the announcement: “This latest venture by the Toronto-based firm is a testament to the consistent growth in two-way investment and [the] strong commercial relationship enjoyed by Ireland and Canada.
“Once in effect, the Canada-EU Comprehensive Economic and Trade Agreement (CETA) will encourage even more investment between Ireland and Canada.”
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