Talent.io raises funds3 min read

Anne-Marie / May 16, 2017
Category : Job board information, Job board news
Caption: Talent.io raises funds3 min read

Talent.io is the first platform of selective recruitment of engineers in Europe. It is present in Paris, where it was founded two years ago, and has expended to Lyon, and abroad, in Berlin and London. It is a French startup that offers on its website the possibility for candidates to be connected with companies hiring in the IT sector. The candidates that sign in on the website have their skills verified via phone interview before being presented to more than 2,000 companies that want to recruit their engineers and tech team. Talent.io recruiters also make sure that the candidates are available quickly, because their mission is to find a job to talented candidates as quickly as possible. The profiles are only available for a month, so that companies decide in a short amount of time, but also to give other candidates a chance to find a job. Over the last two years, the startup has kept on growing and has managed to become an indispensable platform for job seekers in engineering and tech. The startup has recently raised €8 million via Alven Capital and Ventech, leading investors in Digital Economy, in order to completely change headhunting in tech and other sectors as well, and to expand their presence all around Europe. We will see how Talent.io works and how they plan on growing more with these funds.

 

How Talent.io works

The services of Talent.io are focused on jobs for IT engineers and coders, and it helps more companies because their demand in talented engineers is way higher than the offer of available talents. Talent.io also helps recruiters find full-time employees, freelancers and interns.

And Talent.io makes sure that companies don’t lose time and find the best in the sector, especially because they take a lot of time to choose the candidates and evaluate their skills and availability.

It is a closed platform, only 10% of the candidates registered are presented to the companies and around 25% of candidates find a new job thanks to the startup. Every Monday, Talent.io gives companies a panel of candidates that were selected after a few interviews.talent.io homepage

This is completely different from the job boards, the companies find candidates that are really looking for a job, and the candidates are guaranteed to contact companies really interested by their profile. The registration is free for candidates but not for companies, it is often the price of recruitment offices, and the companies pay only when they decide to hire the candidate. This economic model interests both startups and the biggest groups.

After a month, candidates who didn’t find a new job are removed from the platform.

Expansion and ambitions

Since 2015, Talent.io has boosted its market shares and for the majority of IT and tech companies, Talent.io has become the only mean to recruit.

With the fund raised, Talent.io wants to improve its geographical presence in Europe and to wider the range of positions and sectors covered, in digital marketing for example.talent.io homepage

“Our ambition is to push harder in this direction: by 2019, we plan to match great tech companies with great tech talent in 10 different cities all over Europe, becoming this continent’s go-to site for finding jobs or hiring tech talent. In parallel, we will expand our scope to help talent with diverse technology background and skills, such as SAP, cloud, CRM, video games, VR, and others.” the team said in a Press Release.

Author: Anne-Marie

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