Coople, a Zürich, Switzerland- and London, UK-based on-demand staffing platform, raised $32m in funding.
The round was led by One Peak Partners and the Growth Equity Business within the Goldman Sachs Merchant Banking Division.
The company, which has raised USD$76m to date, intends to use the funds to continue investing in the automation of its online platform, to further expand within existing markets, and to launch the business in the Netherlands and one other international market.
Led by Rinaldo Olivari, CEO, Coople provides an on-demand platform for flexible staff featuring end-to-end automation of the HR process; from planning, recruiting, on-boarding and hiring to workforce management, payroll and payments.
The solution uses an algorithm that instantly matches its flexible workforce with the demand from companies. Amongst other factors, the algorithm takes into consideration a worker’s location, availability, experience and ratings and matches these with the requirements of the hiring company.
Coople has over 400,000 registered ‘Cooplers’ (flexible employees) and over 20,000 registered companies with businesses operating in the gastronomy, hospitality, retail, logistics, events, and office sectors, including Hilton Hotels, Hyatt Hotels, Financial Times, IWG, Swisscom, C&A, AXA Winterthur, Globus, and Moet Hennessy.
The company, which currently has offices in Switzerland, the UK and the Netherlands, has strengthened its leadership team in 2019. The new members of the senior team are:
– Annette Burgard, Vice President Marketing;
– Yves Schneuwly, Managing Director Switzerland;
– Kit Glover, Managing Director UK; and
– Thijs Dirkzwager, Managing Director Netherlands.