Menu visibility control

Video

Events

Startup Surgery

Most Recent

News

Iris Capital launches €250m European tech investment fund

News

Startup Weekly: Welsh tech accelerator calls for applications, Virgin StartUp partners with WeWork and more

Tech City Voices

Culture. There’s no app for that, Kalanick

Press Releases

‘Connected finance’ app Curve hits £50m spend ahead of UK launch
“Coffee, networking and productivity”: Workspace disruptor ‘Lounge’ launches in London
Kompli-Global’s Technology Will Make Life Harder for Money Launderers

Recruitment tech startup Beamery lands $5m

Team Beamery
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Beamery, a recruitment tech startup, has raised $5m (£4m) in funding from Index Ventures with the participation of Endred Capital Partners, GP Ventures and LocalGlobe.

Based in London, the firm says it will use the funding to double its staff roster and open new US offices, while maintaining its UK branch’s product development and engineering strength.

Beamery seeks to help businesses reduce the time and monetary expense of conventional recruitment through a combination of customer relationship management (CRM), marketing software and artificial intelligence.

£15m in UK tech investment, a $26.99bn acquisition, Uber ban and more in The Week in Tech

The firm enables clients to build relationships with talent, for instance by showing them how to actively target strong candidates whose names might not appear on traditional headhunters’ lists.

The startup claims to have reduced the amount its customers spend on hiring by 39% and the length of time dedicated to this process by 31%.

“In the modern economy, companies are starting to recognise that creating a world-class talent function is one of the most important differentiators to their success,” said Abakar Saidov, Beamery CEO and co-founder. “Beamery transforms how businesses interact with talent, and is a primary system of record for this relationship.”

The firm said its current customer base includes businesses such as Facebook, Dropbox, VMware and Dennis Publishing alongside retailers such as House of Fraser and Shop Direct.

Courtney Erin, head of global leadership recruiting at Facebook, said: “Beamery is a global tool that will allow us to capture everything and improve our strategic advantage for years to come.”

The news comes after Beamery closed a $2m Seed round in June last year.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

Paris

Iris Capital launches €250m European tech investment fund
posted 10 hours ago

Startup Weekly: Welsh tech accelerator calls for applications, Virgin StartUp partners with WeWork and more
posted 13 hours ago

Culture. There’s no app for that, Kalanick
posted 15 hours ago

startup life

Uber’s CEO resigns, over £368m in UK tech funding, a new $3.3bn fund and more in The Week in Tech
posted 18 hours ago

inploi-co-founders

EXCLUSIVE: London-based Inploi raises £500,000, brings total to £1m
posted on June 22, 2017

Peter-Smith-Nic-Cary-Feb-2016

UK-founded tech startup Blockchain secures $40m Series B
posted on June 22, 2017