Bridge round · Actively raising · 2026

The talent community platform enterprises don't churn from.

Jobful powers continuous talent relationships for enterprises — replacing one-off job postings with branded communities that attract, engage, and convert. Secured ARR €500K+. Zero churn. Backed by Microsoft & SAP.

Annual recurring revenue€500K+Secured ARR · pipeline to €750K+
Customer churn0%No customer has ever left
Users on our tech200K+Across all talent communities
Yearly hires facilitated5,000+Real-world outcomes delivered
The problem

Recruiting is broken by design.

Companies spend €3,000–€8,000 per hire through traditional job boards — and walk away with nothing. No talent data, no community, no pipeline for the next role. Every hiring cycle starts from zero.

restart_alt

Hire-and-forget economics

Traditional ATS platforms close the role and abandon the data. Companies re-spend acquisition budgets on candidates they already paid to attract. No memory, no community, no return.

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No talent continuity

73% of enterprises have no structured way to re-engage past applicants or alumni. Every opening is treated as if the company has never hired before.

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Inclusion is an afterthought

Mainstream recruiting tech is designed for the majority. Vulnerable talent pools are left out by default — a market failure and a social failure. Jobful fixes both.

The solution

One platform. Every stage of the talent relationship.

Jobful replaces transactional hiring with continuous talent communities. Employers build branded networks that attract, engage, and convert candidates — and keep them warm for future roles.

1

Employer branding

First interactionchevron_right
2

Sourcing

First commitmentschevron_right
3

Talent pipeline

Process commitmentschevron_right
4

Talent shortlist

Qualificationchevron_right
5

New hires

Employment docs
hub

One-stop shop

Employer branding, ATS, candidate experience, and community management in a single platform. No duct tape, no 4-vendor stack.

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Candidate-first experience

Candidates get a branded, respectful, communicative experience — not a black hole. That's why employers see higher conversion and retention.

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Built-in DE&I

Dedicated features for inclusive employment — validated by UNHCR and deployed with Jobs4all — that other platforms ignore.

Traction

7 years building. The numbers show it.

Results over the last 18 months.

€500K+Secured ARRRecurring, contracted revenue
0%Churn rateNo customer has ever left
€30KAvg. deal sizePredictable unit economics
€1M+Capital raisedTrusted by investors
€529KCurrent pipelineNear-term revenue visibility
5,000+Hires facilitatedReal-world outcomes
200K+Users on our techNetwork effects growing
10TeamLean, senior, committed
2018
Founded & piloted
2020
First SaaS deployment
2022
First global customer (Fortune 500)
2024
Secured pre-seed round
Today
Secured ARR €500K+ · accelerated growth

“Having demonstrated our agility, resilience, and capacity to grow during two years of crisis, we are the team to execute this.”

— Mihai Cepoi, Founder & CEO
Use cases

Three revenue models. One platform.

Each model is live, contracted, and generating recurring revenue today.

Dedicated

Raiffeisen Bank

PricingYearly subscription (avg. €30K)

DifferentiatorsOne-stop shop, candidate experience, continuous innovation

Growth leversUpsell modules, cross-sell, replicate to sister brands

“One branded community replacing 3 separate vendor tools.”

Shared pool

Wyndham Hotels & Resorts

PricingYearly subscription (avg. €30K) + franchise-based upsell

DifferentiatorsShared talent pool across properties, global community

Growth leversUpsell, cross-sell, replicate in new regions

“Shared talent pool across multiple properties — one subscription.”

Marketplace

Jobs4all

PricingManaged community + access-based subscriptions

DifferentiatorsShared talent pool, DE&I recruitment, vulnerable groups focus

Growth leversUpsell, replicate

“DE&I-first model — validated by UNHCR for refugee employment.”

€30K/yrBase subscription
+
+20% NRRAdd seats
+
Cross-sellModules
+
New logoReplicate for group brands

This is how we achieve 121% Net Revenue Retention with zero churn.

Why Jobful

LinkedIn won't build this. Workday can't.

The enterprise HR tech market is dominated by process tools — not relationship tools. No major player combines enterprise scale, genuine candidate experience, inclusive employment, and community-first architecture in one platform. That's the gap Jobful owns.

PlatformEnterprise scaleCandidate experienceInclusive employmentCommunity-first
LinkedIncheckremoveremoveremove
Workday / Taleocheckremoveremoveremove
SmartRecruiterscheckcheckremoveremove
Greenhouse / Leverremovecheckremoveremove
Jobfulcheckcheckcheckcheck

“We're not competing with job boards. We're replacing the entire stack of disconnected tools that sit between a company and its talent community.”

Team

10 people who've done this before.

Enterprise HR expertise, product innovation, and commercial execution — grown through two years of turbulence without losing a single customer or key team member.

MC

Mihai Cepoi

Chief Executive Officer

LeadershipStrategy
AP

Alexandru Popa

Chief Technology Officer

EngineeringArchitecture
DD

Dragoș Dușulescu

Growth Manager

Enterprise salesGrowth
IB

Ioana Buzzi

Chief Talent Officer

People & cultureStrategy
DA

Daniel Amariei

Product Director

ProductUX design
DC

Delia Coldea

Social Impact Strategy

Project mgmtStrategy
ȘB

Ștefania Bicher

UX/UI Designer

UX designVisual
DB

David Bojneagu

Software Developer

Full-stackAI
RM

Razvan Mortasupiu

Software Developer

Full-stackAI
AS

Ana Secrieru

Operations Manager

GrantsOperations
Ecosystem

Distribution that took 7 years to earn.

Partnerships with Microsoft and SAP give us indirect access to enterprise HR buyers competitors spend millions trying to reach. Our accelerator network provides deal flow, validation, and leverage.

Strategic partners

MicrosoftAWSSAPNESsTERSTEUNHCR

Accelerated by

SAP.iOWEVE New YorkInnovXEBRDPwC

Clients

Raiffeisen BankWyndhamPublicis GroupePPC EnergyRegina MariaHEINEKENBabeș-BolyaiASEJobs4UkraineStartup Refugees

“Our ecosystem gives us distribution that would take a competitor 5 years and millions to replicate.”

Performance

The numbers that tell the real story.

The metrics sophisticated SaaS investors use to assess business health — each benchmarked against industry standards.

MetricIndustry benchmarkJobfulStatus
YoY revenue growth>20% = strong+20% this year · +40%+ secured nextAt inflection
NRR (net revenue retention)>110% = strong121%Strong
Gross margin>40% = strong76.25%Strong
CAC payback period<12 months = strong3 monthsBest-in-class
Customer churn<5% = healthy0%Best-in-class
Current ARRSecured €500K+Info

A 3-month CAC payback and 76% gross margins mean every new customer is accretive almost immediately. Combined with 0% churn and 121% NRR, this is the financial profile of a business that has found its market — and is ready to scale it.

Investment opportunity

A €200K bridge — here's exactly how it works, and how you're protected.

A Convertible Loan Agreement (CLA) is the standard instrument for a bridge round preceding a Seed. You provide capital today that converts into equity at the next priced round — at a 20% discount to that round's valuation. You're protected on the downside by both a valuation floor and a guaranteed interest rate.

Maturity

24 months

From signing. Capital is protected if no conversion event occurs within maturity.

Interest

EURIBOR 12m + 4%

Accrues over the term — your downside is contractually protected.

Conversion discount

20% off Seed

Subject to a floor of €4.8M and a cap of €10M valuation.

What your return looks like across valuation scenarios

Your ticket is protected by a €4.8M floor and a €10M cap. Below is what a €100K ticket returns across the realistic Seed valuation range.

Seed valuationEntry price (20% disc.)Multiple on €100KScenario
€6M€4.8M (floor)1.25×Worst case
€8M€6.4M1.25×Conservative
€12.5M€10M1.25×Base case, cap kicks in
€15M+€10M (cap — fixed)1.5×+Best case

The main scenario is clear: for any Seed valuation below €12.5M, your return is 1.25×. Above €12.5M, the cap protects additional upside.

Why a sub-€12.5M valuation is highly unlikely

The most widely used SaaS valuation method is the ARR multiple: Valuation = ARR × Industry Multiple. Here's how Jobful maps to that framework, conservatively.

ScenarioARR before maturityAt 8×At 12×At 15×
Conservative (no new deals)€750K€6.0M€9.0M€11.25M
Base case (pipeline closes)€1M€8.0M€12.0M€15.0M
Optimistic (40%+ growth)€1.5M+€12.0M€18.0M€22.5M

The base case uses €1M ARR — supported by the current €529K active pipeline plus existing contract renewals. At a conservative 8× multiple, that puts Jobful at €8.0M, comfortably above the €6M floor. Every deal above that is pure upside.

Use of funds

We don't need this capital to survive. We're raising it to accelerate.

With Secured ARR €500K+, a 76% gross margin, and a €40K monthly burn, we're operationally self-sustaining and approaching breakeven without this capital. This €200K bridge is a growth accelerator, not a lifeline.

~€100K

Filling the pipeline faster

A proven model, a €529K active pipeline, and Microsoft & SAP channel partnerships that create warm inbound. This builds the outbound engine that turns those advantages into signed contracts.

  • checkOutbound sales capacity — 1 enterprise sales hire + tooling
  • checkChannel partner activation — Microsoft & SAP co-sell
  • checkEvent & content presence — HR conferences, thought leadership
  • checkInternational market entry — first CEE or DACH enterprise client

Target: close €529K pipeline + 3–4 net-new logos → ARR reaches €750K+ within 12 months

~€100K

Building the moat deeper

Our 2-year product roadmap is defined. This funds the AI and platform development that transforms Jobful from a great product into a defensible, scalable platform that compounds in value the longer a client stays.

  • checkAI matching engine — smarter, faster talent-to-opportunity
  • checkCommunity engagement layer — notifications, events, re-engagement
  • checkAnalytics & reporting — enterprise-grade HR insights
  • checkPlatform scalability — infrastructure for 10× client load

Target: deliver 2Y roadmap milestones that justify a Seed-round valuation premium

Close
Capital deployed · growth plan activated
M1–3
First sales hire · deals start closing
M3–6
AI features shipped · first international client
M6–12
ARR reaches €750K+ · Seed-ready metrics
M18–24
Seed raised · CLA converts at uplift

Current monthly burn: €40K. At Secured ARR €500K+ the business is near breakeven today — bridge capital is deployed entirely into growth acceleration, not operational costs.

Data room

Detailed financials, available after NDA.

The documents below are available to qualified investors following an initial call. Links activate once a mutual NDA is signed.

description
P&L statementlockNDA required · last 18 months
payments
Cashflow statementlockNDA required · last 18 months
trending_up
Revenue model & projectionslockNDA required · 24-month
pie_chart
Cap tablelockCurrent, post-bridge, post-Seed
gavel
CLA term sheet (draft)lockNDA required
contacts
Customer reference contactslockNDA required
Next steps

Be an innovator, not a late adopter.

We're closing this bridge round in Q2 2026. Minimum ticket €50,000, maximum €150,000. We're looking for 2–4 angel investors who bring capital and network — not just a cheque.

1

Book a 30-minute intro call

Walk through the business, metrics, and CLA mechanics together. Ask anything.

2

Sign NDA

Unlock the full data room — P&L, cashflow, cap table, and projections.

3

Commit

CLA signed digitally, wire instructions provided, and you're on the cap table.

Closing Q2 2026

Ready to talk?

Book a 30-minute intro call with Mihai — walk through the numbers, the CLA, and the growth plan.

Meet the team