HomeFinland-StartupsTallinn-based MeetFrank, the ‘secret job agent’ for job seekers, raises €1.5 million,...

Tallinn-based MeetFrank, the ‘secret job agent’ for job seekers, raises €1.5 million, to launch new features

Today the career app MeetFrank announces snapping up €1.5 million, in a round led by investors Karma.vc, Enern VC, Change Ventures, and Hummingbird. MeetFrank will use the capital to launch its new “relocation without location” feature that opens up international borders and helps global talent relocate for work.

MeetFrank, founded in 2017, acts as the passive job seeker’s ‘secret job agent’, finding potential opportunities based on data such as their salary expectations, skill set and experience. The machine learning and chatbot combo anonymously matches individuals with companies, whilst protecting their anonymity. The company aims to bring transparency to the job market with explicit salary offers and help passive job seekers assess their employment options without alerting their current bosses to their job search.

So, why MeetFrank? According to the startup, demand for talent is not being met on a global scale. Following research by HAYS, talent mismatches (or, the gap between the skills employers are seeking and the skills possessed by job applicants) is increasing and could significantly slow business growth.

MeetFrank’s career app is helping to solve this mismatch problem with its new “relocation without location” app feature. MeetFrank’s philosophy is that aspiration, not location, is essential for attracting the best talent. Applicants can now easily discover new opportunities abroad, and companies get talent that best aligns with their job requirements from outside of their local talent pool. 

To date, MeetFrank has raised €2.4 million in total funding and currently has over 265,000 users, with its largest markets being Finland, Estonia, Latvia, Lithuania, and Germany. We also reported on their €1 million funding and expansion to Germany in summer 2018.

“Talent is willing to move for the right opportunity, but in most cases, the right opportunity never arises. Job opportunities outside your ecosystem are often inaccessible and global talent doesn’t know what their global options are. Additionally, great companies miss out on the best people because they don’t know how to reach them,” says MeetFrank CEO Kaarel Holm. “We want to match people to the companies that align with their views, values, and aspirations. Currently, the global talent pool is too biased towards location instead of attracting the best talent,” he continues.

“MeetFrank has built an amazing platform that we believe will fundamentally change the way talent relocates and acquires work around the world. Employers will be able to find candidates across functions and geographies on a single platform that will become mission-critical in attracting talent,” says Filip Popovic, Principal at Enern VC. “We chose to invest in MeetFrank because they have a great team, the capability to build further traction, and they are on the cutting edge of technology to disrupt the recruitment process globally,” Filip Popovic continues.

- Advertisement -
Charlotte Tucker
Charlotte Tucker
Charlotte is the previous Editor at EU-Startups.com. She spends her time scouting the next big story, managing our contributor team, and getting excited about social impact ventures. She has previously worked as a Communications Consultant for number of European Commission funded startup projects.

Most Popular

You can read only -1 more article for free this week. Become a CLUB Member for unlimited access to EU-Startups.