Funding will empower Recruitroo to further develop its end-to-end global recruitment and migration platform and expand its presence in the UK and European markets.
Irish HR tech platform Recruitroo has secured €1m in investment in a round led by Delta Partners with participation from Enterprise Ireland and several notable angel investors.
Founded in April 2022, Recruitroo’s recruitment and migration platform uses AI and automation to streamline all aspects of international hiring for their enterprise clients in the construction & engineering, hospitality and healthcare industries.
“We are committed to empowering businesses to access top global talent seamlessly, while ensuring compliance and simplifying the overall international recruitment process”
By linking companies and candidates around the globe through video-based profiles and digital skills assessments, Recruitroo breaks down contextual barriers. Recruitroo then completes the process by deploying AI and automation capabilities to process all documents and applications for employment permits and visas ensuring compliance with legal and regulatory requirements.
Necessity is the mother of invention
Recruitroo was inspired by the challenges the two founders witnessed in their previous businesses. In his manpower business in the Philippines, co-founder Shane Kiernan saw first hand the needs of European construction companies seeking to hire a global workforce. Co-founder Stephen MacCarthy previously developed a solution to help tech founders in Ireland to assess software engineers abroad.
Their combined experiences provide them with an in-depth understanding of international hiring challenges.
The team are also welcoming Andreea Wade as Chair of the Board. Andreea has extensive experience the international HR tech ecosystem, having been the founder and CEO of recruitment AI company Opening.io which was acquired by ICIMS in 2020, and as part of her current role at ICIMS as VP of Product Strategy.
“This investment, plus the addition of Andreea, marks a significant milestone for Recruitroo as we strive to transform the international hiring landscape,” said Recruitroo CEO and co-founder Shane Kiernan.
“We are committed to empowering businesses to access top global talent seamlessly, while ensuring compliance and simplifying the overall international recruitment process.”
Recruitroo’s technology streamlines recruitment procedures, ensuring compliance and removing unnecessary barriers. The company’s goal is to provide businesses with an efficient solution that accelerates the global hiring process, expands access to top talent all at a reduced cost.
Delta has a strong track record with more than 120 investee companies to date and has realised €1.8bn from companies such as Clavis, Neuravi and SensL, to name a few.
Bank of Ireland and Enterprise Ireland are cornerstone investors in a new fund targeting €70m led by Delta Partners. The fund is also supported by Fexco and several family offices. It plans to invest in 30 of Ireland’s most innovative and exciting start-ups over the next three to four years. Investments so far include VisionR, Gigable, LegitFit, NoFrixion and ProMotion.
“This is a significant milestone for Recruitroo as it implements its ambitious growth strategy,” said Enterprise Ireland CEO Leo Clancy. “Attracting talent is one of the most significant issues facing businesses and Recruitroo is bringing solutions to the market that address this fundamental challenge.
“Enterprise Ireland has backed Recruitroo since its early days and we are confident that the innovation and vision of Shane, Stephen and their team will ensure they continue to compete and win in global markets.”
Main image at top: Recruitroo founders Shane Kiernan and Stephen MacCarthy