Phoenix rising: Upcoming recruitment firm raises €1m

Globally-focused recruitment brand Phoenix to create 250 jobs as part of aggressive scaling roadmap.

Young Irish recruitment firm Phoenix has raised €1m to fuel local and international expansion plans.

With offices set up in Limerick, Dublin and London, Phoenix’s latest funding will aid expansion plans into the US and further growth in the UK and Ireland this year.

“We have grown from a team of two to 40 people over the course of the last three years and that has been due to the strength of our professional backgrounds, client relationships and vision to create a major global recruitment brand headquartered from Ireland”

Phoenix will establish its first US office in New York later this year and plans to grow their London office substantially in the coming 12 months also. 

Currently at 40 employees, Phoenix hopes to increase its headcount to 60 by end of the year and 120 by end of next year, with the remainder of the positions being filled over the course of three years, reaching 250 by 2025.

Phoenix Academy

Phoenix is currently recruiting experienced recruitment professionals across tech, financial services and professional services. These jobs will be located in Dublin, Limerick, New York and London, in addition to being hybrid if desired.

A portion of the funds dedicated to hiring will go towards Phoenix’s Academy where young graduates have the opportunity to develop their skills and learn from professionals in the sector.

Founded by Ed Rossiter in 2018, Phoenix was created to address the weaknesses in the traditional recruitment process and elevate the industry’s quality of service.

Ed was joined by co-CEO Ruth Lyndon and Director, David Harrington shortly after founding the brand, and have since grown the company to three locations and 40 employees. It offers recruitment services to companies within the Tech, FinTech, financial services, and professional services space. Phoenix caters to Irish companies looking to expand into the US, but also in the UK and across Europe. 

“Since founding Phoenix in 2018, our ambitions have matched those of our clients. We have scaled continuously through the pandemic, and are looking forward to carrying on with this growth, both nationally and internationally,” Rossiter said.

“Currently, we have our Dublin office, which we set up in 2018 at the time of our company’s inception, and since then we have opened up spaces in Limerick and London. We have grown from a team of two to 40 people over the course of the last three years and that has been due to the strength of our professional backgrounds, client relationships and vision to create a major global recruitment brand headquartered from Ireland,” Rossiter said.

Power board

To further strengthen expansion plans, Phoenix has recently put together a board of advisors.

Members of this board include Philip Gardiner, director at Foresight, and Giles Daubeney, the ex-global deputy CEO of Robert Walters, one of the world’s leading recruitment brands. Both bring a wealth of knowledge and experience that will help bring Phoenix to new heights as it expands across the UK and the US. 

“I am thrilled to be joining Phoenix at such an exciting time for their business, having built up a wealth of experience scaling Robert Walters from a single location business into a global PLC with 57 offices globally in 31 countries and 4000 employees, I believe Phoenix can achieve similar success over the coming years. I’m looking forward to working closely with Ruth, Ed and the wider Phoenix team to help guide their global growth” said Giles Daubeney, Board Advisor. 

“It is a very exciting time for Phoenix, and I am thrilled to have Giles and Philip alongside our team to lend their knowledge and experience throughout this process. Both Giles and Philp have impressive backgrounds and expertise that will be valuable as Phoenix continues along its expansion journey. I am looking forward to working with both individuals and seeing what the future holds for Phoenix,” Ruth Lyndon, co-CEO added. 

Main image: Ed Rossiter, founder and co-CEO, Phoenix Search

John Kennedy
Award-winning ThinkBusiness.ie editor John Kennedy is one of Ireland's most experienced business and technology journalists.

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