Sofia-based HR tech company nPloy has raised €2 million in funding to streamline the process and develop an online platform that works like a dating app for job seekers and recruitment teams.
Going forward, the startup plans to expand to new markets in Central and Eastern Europe with the new funding.
The platform aims to be active in about 10 more countries by the end of 2023. The round was led by the local VC firm Morningside Hill.
Currently, the Bulgarian startup counts over 85,000 users and over 500 employers, including BIC, SAP, Lidl, and Postbank.
Founded in 2018, the startup directly matches and connects candidates and employers based on the dating apps model.
Its algorithm matches talent with companies based on mutual expectations and requirements.
Hiring teams get access to a diverse database and a modern approach to finding talents.
Candidates also enjoy features that make finding the right job simpler. Interestingly, the platform also has a feature where people don’t have to actively search for a job. Companies can apply to people in a switch-up of the traditional model.
Like dating apps, if there is a mutual feeling of interest between the company and candidate, a chat automatically opens between the two parties and a video interview can be scheduled.
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