Coople, a Zürich, Switzerland-based operator of an on-demand staffing platform, raised US$21m in funding.
Backers included One Peak Partners, Goldman Sachs Private Capital and Harbert European Growth Capital.
The company intends to use the new capital to further invest into product and technology innovation, recruitment and continued expansion in Switzerland and in the UK ahead of further international expansion.
Launched in 2009, Coople has developed an algorithm that matches workers looking for flexible jobs based on their experience, star-rating, location and availability with companies looking for staff on short notice, to manage their peaks in demand. The company’s platform also provides end-to-end automation of the value chain, from planning, recruiting, on-boarding and hiring, to workforce management, payroll processing and payments.
Coople has over 310,000 registered workers and over 14,000 registered businesses and currently operates in both Switzerland and in the UK. It works with large blue-chip clients including Deliveroo, ZfV, Inditex, Intercontinental Hotels, Four Seasons Hotels & Resorts, the Royal Automobile Club, and provides workers for the Silverstone Formula 1 Grand Prix, the BBC Proms, Coldplay concerts, NFL matches at Wembley stadium and other events.
In addition to the funding round, the company is announcing the appointment of Viktor Calabrò, Coople’s Founder, as Executive Chairman with a focus on innovation and thought leadership, as well as the promotion of Rinaldo Olivari, previously Managing Director for the UK, to Group Chief Executive Officer and of Anthony Vaslin, previously Managing Director for Switzerland, to Group Chief Operating Officer.
In total, Coople has raised US$45m to date, following investment from One Peak Partners, Goldman Sachs Private Capital, Rothschild Paris Orléans and angel investors.