British HRtech startup Storm2 has raised additional growth funds of approximately €2.5 million from Puffin Point Investments, shortly after their launch into the fintech recruitment sector.
Founded in 2019, Storm2 is focused on fintech recruitment, connecting organisations with the talent to drive their mission. Its specialised teams cover key fintech skill sets across C-Suite in Product, Sales, Finance, Operations, Engineering, DevOps and Cyber Security. The startup was originally founded by by executives from a hugely successful global recruitment company, and using their previous experience and existing networks within the sector, managed to grow their operation within Europe and North America within the first 6 months.
Successfully partnering with over 100 FinTech companies across major global financial centres and expanding from 1 to 40 people in their first 12 months, Storm2 have defied market trends as one of the fastest growing UK SME’s.
With results in 2020 strongly outperforming the wider recruitment sector, this investment will facilitate further growth as the company gears up for aggressive physical global expansion into Asia Pacific and North America.
Edward Ogden of Puffin Point commented: “Storm2 have, throughout an unprecedented period, demonstrated that they can not only maintain sales, but also grow headcount significantly. FinTech is a growing sector, which has only gained momentum in 2020 and coupled with the talent of the team, we are confident it’s the right time to accelerate the growth of the business.”