Technology

Posted on May 1, 2019 by staff

Video-based hiring platform Tempo secures £1.75m funding

Technology

Video-based hiring platform Tempo has secured £1.75m in funding.

The latest investment, led by Hambro Perks and Michael and Derek Jacobson, takes the total amount secured by the company to £3m.

Its hiring platform uses machines learning and video process to make its client’s recruitment process faster.

Since its launch in 2017, it has acquired 40,000 candidates and more than 2,000 employers on its platform.

This year the company added promising tech start-ups Bulb Energy, OakNorth, Zellis and to its existing client base, which includes Monzo, Uber, Babylon Health and 2,000 others.

Tempo recently expanded its offices, with a second location in Manchester.

With the additional funding, the firm said it will be able to continue its aggressive growth, taking its platform to new markets and investing heavily in technology.

“Moving jobs or hiring a new employee should be the most exciting part of your professional life – it’s the start of a new journey and new opportunities. Unfortunately, most of us have been left jaded by slow, monotonous and demoralising recruitment processes and agencies,” said Ben Chatfield, CEO & Co-Founder at Tempo.

“It doesn’t need to be this way – our vision is to turn recruitment on its head. Today’s announcement means we can share our platform with more people.

“We can give job seekers more options, more direct access to the employers, and ultimately the opportunity for a job they truly love. It is a testament to the progress made by the Tempo team in building a platform that works for candidates and companies, and their demand for greater choice and control in recruitment.”