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 Churn
0%
No customer has ever left
Users on our tech
200,000+
Across all talent communities
Yearly Hires Facilitated
5,000+
Real-world outcomes delivered
The Problem

Recruiting is broken by design.

Companies spend between €3,000 and €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.

Meanwhile, the candidates who didn't get the job — but were a great fit — disappear. Vulnerable talent (refugees, career changers, people with disabilities) are structurally invisible to mainstream recruiting technology.

HR teams are stuck on an expensive, repetitive treadmill. Jobful breaks the cycle.

See the platform

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. There's no memory, no community, no return.

No talent continuity

73% of enterprises have no structured way to re-engage past applicants or alumni. Every new opening is treated as if the company has never hired before — because the tools were never designed for retention.

Inclusion is an afterthought

Mainstream recruiting tech is designed for the majority. Vulnerable talent pools are left out by default — not by choice. That's 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 Interaction
2
Sourcing
First Commitments
3
Talent Pipeline
Process Commitments
4
Talent Shortlist
Qualification Process
5
New Hires
Employment Docs

From first impression to first day — and back again.

One-stop shop

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

Candidate-first experience

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

Built-in DE&I

Dedicated features for inclusive employment — supporting vulnerable talent pools that other platforms ignore. Validated by UNHCR and deployed with Jobs4ALL.

Traction

7 years building. The numbers show it.

Results over the last 18 months.

Secured ARR
€500K+
Recurring, contracted revenue
Churn Rate
0%
No customer has ever left
Avg. Deal Size
€30K
Predictable unit economics
Capital Raised
€1M+
Trusted by investors
Current Pipeline
€529K
Near-term revenue visibility
Hires Facilitated
5,000+
Real-world outcomes
Users on our tech
200K+
Network effects growing
Team
10 people
Lean, senior, committed
1
2018
Founded & Piloted
2
2020
First SaaS deployment
3
2022
First Global Customer (Fortune500)
4
2024
Secured Pre-Seed Round
5
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.

Raiffeisen Bank
Dedicated
Pricing: Yearly subscription (avg. €30K)
Differentiators: One-stop shop, candidate experience, continuous innovation
Growth levers: Upsell modules, cross-sell, replicate to sister brands

One branded community replacing 3 separate vendor tools.

Wyndham Hotels & Resorts
Shared Pool
Pricing: Yearly subscription (avg. €30K) + franchise-based upsell
Differentiators: Shared talent pool across properties, one-stop shop, global talent community
Growth levers: Upsell, cross-sell, replicate in new regions

Shared talent pool across multiple properties — one subscription.

Jobs4ALL
Marketplace
Pricing: Managed community + access-based subscriptions
Differentiators: Shared talent pool, DE&I recruitment, vulnerable groups focused
Growth levers: Upsell, replicate

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

Land and Expand

Base subscription
€30K/yr
Add seats
+20% NRR
Cross-sell modules
+upsell
Replicate for group brands
new logo

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 features, and a community-first architecture in a single platform. That's the gap Jobful owns — and is actively expanding.

“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.”

Enterprise ScaleCandidate ExperienceInclusive EmploymentCommunity-First
LinkedIn
Workday / Taleo
SmartRecruiters
Greenhouse / Lever
JobfulUs
Team

10 people who've done this before.

Our team combines enterprise HR expertise, product innovation, and commercial execution. We've grown through two years of market turbulence without losing a single customer or a key team member. That's not luck — that's culture.

MC
Mihai Cepoi
Chief Executive Officer
LeadershipStrategic thinkingDecision-making
AP
Alexandru Popa
Chief Technology Officer
EngineeringInnovationTechnology Architecture
DD
Dragoș Dușulescu
Growth Manager
Enterprise SalesGrowth strategyBusiness development
IB
Ioana Buzzi
Chief Talent Officer
GamificationPeople & cultureStrategy
DA
Daniel Amariei
Product Director
Product visionUser-centric designInnovation
DC
Delia Coldea
Social Impact Strategy
Project managementPeople centricityStrategy
ȘB
Ștefania Bicher
UX/UI Designer
User-centered designWireframingVisual design
DB
David Bojneagu
Software Developer
Full-stackAI StrategyInnovation
RM
Razvan Mortasupiu
Software Developer
Full-stackAI StrategyInnovation
AS
Ana Secrieru
Operations Manager
Grants FundingProject managementOperations

Want to meet the team before committing?

Ecosystem

Distribution that took 7 years to earn.

Our partnerships with Microsoft and SAP give us indirect access to enterprise HR buyers that competitors spend millions trying to reach. Our accelerator network provides deal flow, validation, and commercial leverage. Our clients are the proof.

Strategic Partners

Microsoft
AWS
SAP
NESsT
ERSTE
UNHCR

Accelerated By

SAP.iO
WEVE New York
InnovX
EBRD
PwC

Clients

Raiffeisen Bank
Wyndham Hotels & Resorts
Publicis Groupe
PPC Energy
Regina Maria
NN Group
Heineken
Babeș-Bolyai University
Academia de Studii Economice
Jobs4Ukraine
Startup Refugees
Jobs4all
Refugee Employment Network

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

Performance

The numbers that tell the real story.

These are the metrics sophisticated SaaS investors use to assess business health. We benchmark each one against industry standards. Our profile is unusually strong for a company at our stage — and each metric directly informs the valuation math in the next section.

MetricIndustry BenchmarkJobfulStatus
YoY Revenue Growth>20% = strong+20% this fiscal year · +40%+ secured for the next oneAt 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 ARR 500K+Info

A 2-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.

The CLA (Convertible Loan Agreement)

A CLA is the standard instrument for bridge rounds 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. This means: the higher Jobful's Seed valuation, the better your return. You're protected on the downside by both a valuation floor and a guaranteed interest rate.

Maturity
24 months from signing
Interest
EURIBOR 12m + 4% — capital is protected if no conversion event occurs within maturity
Conversion Discount
20% discount on the Seed round valuation, subject to floor (€4.8M) and cap (€10M)

What your return looks like across valuation scenarios

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

Seed ValuationEntry Price (20% disc.)Multiple on €100KScenario
€6M4.8M (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.

SaaS MultipleTypical ProfileApplies to Jobful?
Slow growth, high churn, weak marginsNot applicable
8–10×Moderate growth, healthy NRR, solid marginsYes — Minimum justified multiple
12–15×Strong growth, strong NRR, low CAC paybackYes — Supported by our NRR + CAC profile
20×+Hyper-growth, best-in-class across all metricsReachable at 40%+ growth scenario
ScenarioARR before maturity dateAt 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 — fully supported by the current €529K active pipeline plus existing contract renewals. At the conservative 8× multiple, this puts Jobful at €8.0M — comfortably above the €6M floor. Every deal above that is pure upside.

MetricBenchmarkJobfulMultiple Contribution
YoY Growth>20% strong~20% → likely 40%+Supports 8–12×
NRR>110% strong121%+2–3× premium justified
Gross Margin>40% strong76.25%+2× premium justified
CAC Payback<12mo strong2 months+3× premium justified
Churn<5% healthy0%+2× premium justified

Applying a conservative 8–10× multiple to our base-case ARR of €750K places Jobful's valuation at €6.0M–€7.5M — right at and above the floor. Our combination of 0% churn, 121% NRR, and a 2-month CAC payback justifies multiples significantly above the conservative floor.

Use of Funds

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

Jobful is on the road to profitability. With Secured ARR 500K+, a 76% gross margin, and a monthly burn of €40K, we are operationally self-sustaining and approaching breakeven without this capital. Zero churn and 121% NRR mean our existing revenue base is stable and growing on its own.

This €200K bridge is not a lifeline — it is a growth accelerator. Every euro is allocated to two things: bringing new clients in faster, and building the product features that make us impossible to compete with.

Two engines. One bridge round.

Filling the pipeline faster

~€100K

We have a proven model, a €529K active pipeline, and channel partnerships with Microsoft and SAP that create warm inbound. This allocation builds the outbound engine that turns those advantages into signed contracts — systematically, repeatably, and at scale.

  • Outbound sales capacity: 1 enterprise sales hire + tooling
  • Channel partner activation: Microsoft & SAP co-sell programs
  • Event & content presence: HR conferences, thought leadership, employer branding for Jobful itself
  • International market entry: First CEE or DACH enterprise client
Target: Close €529K pipeline + 3–4 net new logos → ARR reaches €750K+ within 12 months

Building the moat deeper

~€100K

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

  • AI matching engine: Smarter, faster talent-to-opportunity matching
  • Community engagement layer: Notifications, events, re-engagement automation
  • Analytics & reporting: Enterprise-grade insights for HR teams
  • Platform scalability: Infrastructure to support 10× current client load
Target: Deliver 2Y roadmap milestones that justify Seed-round valuation premium

Milestone unlock timeline

1
Bridge closes
Capital deployed · growth plan activated
2
Month 1–3
First outbound sales hire · pipeline deals start closing
3
Month 3–6
AI features shipped · first international client signed
4
Month 6–12
ARR reaches €750K+ · NRR and growth metrics Seed-ready
5
Month 18–24
Seed round raised · CLA converts at meaningful 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 for qualified investors following an initial call. Links activate once a mutual NDA is signed.

P&L Statement — last 18 months
NDA required
Cashflow Statement — last 18 months
NDA required
Revenue Model & 24-month Projections
NDA required
Cap Table — current, post-bridge, post-Seed
NDA required
CLA Term Sheet (draft)
NDA required
Customer Reference Contacts
NDA required
Next Steps

Be an innovator, not a late adopter.

We're closing this bridge round in Q2 2025. Minimum ticket: €40,000. Maximum: €150,000. We're looking for 2–4 angel investors who bring capital and network — not just a cheque. If that's you, the next step is a 30-minute conversation.

1

Book a 30-minute intro call

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

2

Sign NDA

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

3

Commit

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