Talentuno, a Budapest, Hungary-based HR tech startup, raised €4m in Series A funding. The company intends to use the funds to accelerate geographic expansion – with Poland next in line – and strengthen its technological and IT solutions.
The official Launch event takes place in Warsaw on 23 May from 18:30 at Endorfina Foksal, Pałac Zamoyskich, ul. Foksal 2. SSC executives have Complimentary admission. Registration here: https://www.hrtechnight.pl/
The round was led by two Hungarian VC firms: Hiventures Ventures Fund Management Plc. and Bonitás Venture Capital Fund Management Ltd.
Launched in September 2018, Talentuno provides a platform that allows users to recommend their acquaintances for new jobs, and earn significant amounts of commission on successful recommendations. In this community recruitment model created by the company, anyone can become a so-called “MatchMaker” – a freelance recruiter. In Hungary, more than 6,000 Matchmakers signed up for the platform so far, who recommended nearly 7,000 candidates.
More than 100 companies already use the platform including Fortune 500 companies, who have posted more than 500 positions on Talentuno.
The company’s management has also engaged in first discussions with London-based investors for its next round of appproximately €15 million, which will accelerate its UK expansion in 2020.