Dublin-headquartered career marketplace Jobbio has raised €5m in Series A funding to accelerate the company’s growth.
The funding round in Jobbio was led by NJF Capital, which saw one of its portfolio companies, Dollar Shave Club, acquired by Unilever for $1bn earlier this year.
Other participants in the round included Balderton Capital founder Barry Maloney, the Smurfit family and the chairman of the Grafton Group Michael Chadwick.
‘We are not a jobs board, we are not a recruiter, we are not a professional social network – nor do we aspire to be’
– STEPHEN QUINN, JOBBIO
“We invest in internationally scalable tech companies; it’s our business,” said Nicole Junkermann, founder and partner at NJF Capital.
“Jobbio is now one of these. We are impressed, in equal measure, by the Jobbio platform that connects talent with employers in a fresh way and with the talented management team running the business. We look forward to helping the team further scale their international expansion in the UK, US and Europe.”
The human economy
With offices in Dublin, London and New York, Jobbio is growing fast and more than 3,000 companies are active in the marketplace. Every month, 100,000 new people are added to the platform and candidates make more than 500,000 job applications per month.
“Jobbio is a fast-growing business solving a problem that every company faces; hiring the right talent cost effectively and fast,” said Barry Maloney.
“This is a team with global ambitions that is already experiencing rapid growth internationally”
Jobbio plans to double its workforce in the next 12 months across their UK and US divisions while also expanding into Canada, with a presence in Toronto and beyond.
Jobbio was founded in 2015 by brothers Stephen and John Quinn.
Prior to the Series A funding, Jobbio raised €1.68m in seed investment in September 2015.
“We are not a jobs board, we are not a recruiter, we are not a professional social network – nor do we aspire to be,” explained Stephen Quinn.
“We are a careers marketplace that makes it easy to discover companies and apply for job opportunities.”