RecTech platform nearly doubles crowdfund
RecTech platform Abodoo is set to accelerate its UK expansion following successful overfunding.
The London and Dublin-based based start-up has now overfunded its £100,000 target within 48 hours and currently stands at £178,000.
The platform is designed to connect workers looking for more flexibility with employers seeking top talent.
Its SaaS platform, which claims to provide high accuracy hiring and reduced bias, currently works with clients including Vodafone, Deloitte, Citibank and Automattic.
Abodoo has grown its candidate community of 22,000 members across 60 countries in just two years and this is set to reach 90,000 in the next year alone.
The investment will see the firm develop its technology platform further and build out its marketing and sales strategy.
Aligned to its own ethos, the team growth will be remote and location agnostic; the expansion will create nine new roles for the UK market – from developers through to customer support and HR.
CEO and co-founder Vanessa Tierney said the start-up was overwhelmed with the success of the crowdfunding campaign.
“We believe everybody has a right to work, including those limited by location, lifestyle or mobility,” Tierney said.
We’re thrilled our investors want to be part of this vision.”
Tierney founded Abodoo with Ben Wainwright in 2017, after an illness meant she was unable to commute to work.
She said she spotted an ‘unconscious bias’ against workers looking for options other than a 9 to 5 office job, leaving talented people isolated in the job market.
She adds: “By 2022, the global mobile workforce is forecast to reach 1.87 billion people. We’re confident the Abodoo platform is going to play a crucial role in digitally connecting employers and employees now, and in the future.”
The crowdfund will also support a series of strategic partnerships in the UK, including helping to grow employment opportunities.
The start-up is already in talks with a number of universities looking to support students in earning as they learn.
It follows its partnership with Seetec, which delivers skills and employment programmes, extending from Ireland into the UK.
It is part of a wider raise for the startup, which is looking to secure a total of £750,000.