hosco, a Geneva, Switzerland-based hospitality student network, closed its Series A round, reaching CHF7m in total funding.
Backers included existing shareholders, new business angels, and venture capital firms from London and Barcelona.
The company intends to use the funds to accelerate its groeth in core markets, expand its reach to new geographies, and improve the product.
Founded in 2011 by Olivier Bracard, CEO, Carl Julien, COO, and Adam Davis, CMO, hosco provides a platform for recruiters to advertise openings and secure qualified full-time talents in the hospitality industry. The company, which operates from offices in Geneva, Barcelona, and Dubai, is also advancing tools for schools to manage careers and alumni, and is working with national organisations to create specialized networks uniting the industry within individual countries.