Recruitment & HRInvestment

A tech jobs platform which connects candidates with market-leading companies has raised £15 million.

London-based Otta provides what it terms a ‘candidate-first job search’. It has onboarded jobs from 4,000 companies in the two years since launch and recently expanded to the US.

It has more than 70,000 jobs available on its platform and connects candidates with the likes of Airbnb, Cazoo, Deliveroo, Depop, Dropbox, Github, Gousto, Hopin, Klarna, Monzo, Netflix, Revolut, Spill, Spotify and Starling Bank.

“To attract the best talent in this market, companies need to work towards making job search less-soul crushing,” explained co-founder and CEO Sam Franklin in a blog post.

“Candidates need to see salary ranges so they can make better choices. They don’t want applications to be ghosted, or to be rejected after an interview without feedback.

“The job you choose is so central to your fulfillment, wealth and relationships. How can the experience of moving jobs be so poor? 

“We believe it’s because the industry has prioritised the company filling a vacancy, and has left candidates feeling like second-class citizens.”

 

Since raising its first funding in December 2019, it has grown to a team of 35. The Series A round was led by Tiger Global Management.

“We now enter Phase 2 of product development, where we’re launching programmes to incentivise companies to take action. It’s time for them to step up and put candidates first, rather than just talk about it,” continued Franklin.

“In addition to product development, we’ll be pushing the accelerator on scale. We’ll be using 2022 to go deeper in the US, where we’ve already had strong traction, ​​and next up are the tech hubs across Europe.

“To achieve this scale we’re planning to grow the team 2-3x in 2022. We’ll be building an on-the-ground team in the US, doubling our product and engineering team in London, and making key hires like US GM, people director and chief of staff.”

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