Instaffo, a Heidelberg, Germany-based developer of an automated headhunting platform for management professionals, raised €850k in seed funding.
Backers included Carsten Erdt, Alfred Keschtges, the m:pool Beteiligungen, and Dieter Wolf.
The company will use the funds to continue to develop and launch the platform.
Co-founded by Daniel Schaefer and Christoph Zoeller, Instaffo aims to provide a fully automated recruiting and career service for companies and ambitious professionals in IT, finance and marketing fields. The platform leverages an algorithm which matches candidates and companies looking for high-profile professionals.