Barcelona-based Workfully, a recruitment and upskilling startup, successfully secured a €1.2 million seed round funding led by Indico Capital, with participation from several other international funds, including Pitchdrive and Secways ventures, among other investors.
With the fresh capital, Workfully is planning to continue its product development and fuel the company’s growth plans, ultimately empowering more recruiters around the world to work for themselves with true flexibility, while better serving the job market.
Founded in 2021, Workfully is on a mission to create the most trusted recruitment experience in the world, becoming the creator platform for a new recruiting economy. Unlike traditional marketplaces, which cut the middleman (the recruiter) connecting a specific talent pool directly to employers, Workfully is trying a radically different approach: it builds a platform around recruiters, allowing them to independently grow, engage and monetize vertical talent pools. This means that with Workfully’s technology recruiters will be able to literally launch their own digital recruiting agency without the hassle of finding clients, paying for LinkedIn, or doing marketing by themselves in a fiercely competitive landscape.
“We believe that building a recruiting business in the future will look much more like being a content creator: starting off on a platform like Workfully, building an audience and then monetizing that audience in-platform,” said Valerio Rossi, CEO and co-founder of Workfully.
As a result, companies looking for highly demanded talent will be able to choose relevant recruiters from a large pool of professionals and scale their recruiting effortlessly from any corner of the world. Through shared data sets, market analysis and in-country expertise, they will be able to hire faster, more efficiently and with greater transparency.
Apart from this, the company functions as a decentralized recruitment and upskilling marketplace allowing companies to hire and upskill talent from entry level to the most specialized executive roles globally.
“The company aims to not only empower recruiters to place senior candidates into enterprise companies, but in some cases to give high potential candidates with no technical skills the training needed to access higher-paying positions,” added Stefano Tacconi, the CCO and co-founder of Workfully, who left his job at Google to start Workfully.
Workfully grew organically during 2022, signing significant deals with enterprises and VC-backed unicorns such as FreeNow, TravelPerk, Blackberry, Lamborghini and Accenture among others, allowing them to scale their recruitment operations globally. So far these companies have hired for hundreds of key senior roles through Workfully, including about 100 candidates from underrepresented groups who were upskilled for the purpose of joining well known tech companies.The new funding will allow the startup to move even further, helping many more companies get the talent needed to thrive their business.
