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Money + Investments

WorkTech Weekly Investment Rundown

George LaRocque

April 30, 2021

Money + Investments

WorkTech Weekly Investment Rundown

George LaRocque

April 30, 2021

Photo by Mathieu Stern

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Creatively Raises $5 Million for Its Job Board Marketplace for Creatives and Aims to be LinkedIn for the Creative World

Creatively announced a $5 million Seed round of venture capital for its job board marketplace focused on creative talent. Launched in 2020, during the pandemic, Creatively has seen some initial growth.

More than 125,000 creatives and 650 plus brands already have joined our community, and with this new funding Creatively is positioned for our next phase of growth.Gregory Gittrich, CEO of Creatively

Creatively’s claims that its community reflects the diversity across the full spectrum of the creative world. Reportedly, more than 60% of the creatives who have signed up identify as BIPOC. Creatively recently partnered with the Council of Fashion Designers of America (CFDA) to launch IMPACT, an initiative to help support Black and Brown creatives in fashion and beyond with the immediate goal to create job opportunities. Creatively also works with a variety of schools (Parsons, Pratt, FIT, NYU, Yale, Bronx Community College, City College of New York, Yale, SCAD, University of Cincinnati, Academy of Art University, among others) as well as nonprofits, such as Born This Way Foundation, to help creatives find work.

There previously really hasn’t been a job platform built for creatives. Creatively solves that problem. This is the LinkedIn for the creative world.Lisa Dolan, Managing Director of Link Ventures who led the Seed round

$582 million was invested globally in recruiting technology during 2021 Q1 alone. In total $2.7 billion was invested globally in work tech during Q1. Get the WorkTech free report and analysis here.

Source: Cambridge Data Gurus Join Hollywood Execs to Lead New Funding for Creatively, the Job Platform for Creatives


Estonia-based RecruitLab Raises USD $362K for New Middle-Market Recruiting Platform

Estonia-based Recruitlab announced a USD $362K Seed round of VC funding for its recruiting platform targeting the middle market. The platform claims to include applicant tracking, recruitment marketing, and analytics. Recruitlab is attempting to market to both employers and recruitment agencies, two customer groups and use cases that are very different at scale.

Globally, the recruiting tech space is one of the most crowded, however we are starting to see the next wave of tech innovation emerge in the category as the world’s economy emerges from COVID and hiring and business forecasts are bullish.

$582 million was invested globally in recruiting technology during 2021 Q1 alone. In total $2.7 billion was invested globally in work tech during Q1. Get the WorkTech free report and analysis here.

Source: RecruitLab to Revolutionize Recruitment, Raises Money from Pipedrive’s Founders and investment fund Superangel | RecruitLab


Finland-based Jobilla raises USD $1.76M VC for Its Recruiting Platform

Finland-based Jobilla, a recruiting tech platform, announced a USD$1.76 million Seed round of venture capital in addition to $845K of government loans and grants, bringing the total for this fundraise to $2.61 million. Jobilla plans to further expand in Germany, Austria, and the Netherlands while also scaling up US operations.

It’s early days for Jobilla, whose website boasts 500+ customers, 75000 candidates reached through campaigns, and 2500 campaigns run.

Jobilla offers “new and modern ways of reaching and finding talent, and performs particularly well with recruiting people who weren’t actively looking to change jobs.“Rainer Oetting, CEO of German Red Cross, a Jobilla customer

Jobilla focuses its message on finding and engaging candidates. “We saw an increasing number of companies struggling to find good candidates for their vacancies and that traditional recruitment software didn’t offer any working solutions to solve these problems. So we built a tool that doesn’t just help our clients to manage their recruiting, but helps them solve their most difficult recruitment needs with innovative digital marketing methods,” said Jobilla Co-founder and CEO Henri Nordström.

Globally, the recruiting tech space is one of the most crowded, however we are starting to see the next wave of tech innovation emerge in the category as the world’s economy emerges from COVID and hiring and business forecasts are bullish.

$582 million was invested globally in recruiting technology during 2021 Q1 alone. In total $2.7 billion was invested globally in work tech during Q1. Get the WorkTech free report and analysis here.

Source: Talent acquisition startup Jobilla raises €2.16M to give recruiters new ways to connect businesses with top talents – San Francisco Oy

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George LaRocque's updates on who got how much this week
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