Become part of Jobful's success story
🎉 We're raising an investment round
After doubling our revenues (to 350k EUR) and team (from 7 to 14 people) and signing significant enterprise deals, we've launched a financing round on the Seedblink investment platform to sustain our accelerated growth.
Key Results 2024
Doubling ARR
We successfully doubled our Annual Recurring Revenue to 350k euros, highlighting the increasing value and demand for our solutions.
Team Expansion
Our team grew from 7 to 14 professionals, bringing in diverse skills and perspectives to drive innovation.
Financial Stability
Achieving break-even has secured our financial stability, setting a solid foundation for future growth.
Scalable Model
We developed a highly scalable model for our product, ensuring we can efficiently serve a growing customer base without compromising quality.
Key Customers
No Churn
We maintained a zero churn rate, demonstrating high customer satisfaction and loyalty
First S&P 500 Customer
We proudly welcomed Wyndham as our first S&P 500 customer.
Enterprise Deployments
Successfully deployed our solution in five enterprise environments.
New Marketplaces
Deployed two new marketplaces, ImagiNatia and Jobs4All, broadening our social impact reach to two new audiences: youngsters and vulnerable groups.
Customer Testimonials
Hear from our satisfied customers
The best way to showcase our commitment is through the experiences and stories of those who have partnered with us.
We chose Jobful because it stood out for its flexibility, specifically the ability to adapt the recruitment process to our specific needs.
Oana Resteanu
Talent Acquisition and Succession Planning Chapter Lead @ Raiffeisen Bank
Increase in ad awareness in the first month
We found at Jobful a development team opened to suggestions and willing to support us in every step.
Ovidiu-Emilian Barleanu
L&D Coordinator @ Regina Maria
Increase in ad awareness in the first month
Using this platform, we easily centralized data, allowing us to run two modules simultaneously and greatly improve both the program's efficiency and our team's workflow.
Anca Catarambol
Chief Talent Officer @ Publicis Groupe
New followers in the last 4 months
Round overview
Description of round
Investment Terms: Convertible Loan
Co-Investors: Private & Public round on SeedBlink
Runway: up to break even forecasted for 12 months with team expansion
Total Round Size: 500.000 euro
Round Maturity: Pre-Seed
Pre-Committed Amount by Other Investors:
730.000 euros for this round
Use of funds
Marketplaces expansion
Wyndham expansionÂ
New Architecture
Financial risk
The strategy is to invest in growth to take our strategic project above 1M euros in ARR. Based on the current market outlook, we plan to stay close to break even every 6 months to mitigate any potential financial risks.
Business risk
Over the last 24 months we validated our value proposition both in the Romanian market and across new territories. The round is based on confirmed interest and signed contracts which mitigated the associated business risks.Â
Part of our innovation process is the integration of GenerativeAI across platform features to leverage the current technology disruption available in the market.
Relevant documents
$600+Bn MARKETS ready to be disrupted
Market size
Our strategy and proposal as market makers sits at the convergence of several large and fast growing markets. The objective is to consolidate employment
The Global Human Resource (HR) technology
US$23.98 Bn. in 2022
US$39.90 Bn. by 2029
The Staffing and Recruitment
US$ 683.22 Bn. in 2022
US$ 1778.29 Bn. by 2023
Job Training and Career Counseling
US$50.1 Bn.
Grow at a CAGR of 10.6%.
AI in Recruitment
Growing exponentially
US$7.5 Bn. by 2027
Transforming competitors into market shift partners
Jobful stands out in the competitive landscape due to its unique approach and focus on key principles such as equal opportunity, people centricity, and fair data ownership.
We offer various benefits and options to expand and improve employment frameworks to other market players.
Problem
A. The growing disconnect in the workforce market
The unbalanced relationship in employment generates success rates globally less than 1%. (from first interaction to getting hired)
Effects:
- Only 17% of employers measure Candidate Experience at every possible opportunity.
- 52% of candidates have turned down an offer because of poor Candidate Experience.
- Organizations that strongly invest in Candidate Experience see their average quality of hire improve by 70%, saving potentially hundreds of thousands of dollars on avoiding bad hires.
B. Broken fast growing market led by data brokers
During the employment process, professionals are rather treated as data which needs to be parsed.
Effects
- Data Privacy Neglect;
- Transparency Gap;
- Discrimination and bias;
- Data Monopoly Dependence;
Our solution
We have researched and experimented our people centric design in the employment space for the past 7 years and realized that recruitment or employment is a very complex topic. We split the solution in 6 different stages and created dedicated experiences for each stage and each of its actors (professionals & recruiters and hiring managers).
Frequently Asked Questions
Using Seedblink (under 40.000E)
1. Access the private round here.
2. Follow Seedblink's steps - creat an account and validate your identity.
3. After Seedblink validate your account, press "Invest in Jobful" on the Jobful page.
Direct (over 40.000E)
Fill the form below and we will contact you.
SeedBlink is a European platform that allows individuals and institutions to invest in tech startups and scaleups alongside venture capital firms.
The first option for liquidity is at the end of the 24 months (convert to equity or exit). You also have the option to exit at our next round of funding.
The discount is the base for return of investment. 20% discount is equivalent to 25% ROI. If our next valuation overpasses the 10M cap, the ROI increases.
There are multiple areas where we engage with our investors. From funding to team expansion, from go to market to referrals and from product development to tech advisory.