The closing of TCV’s investment is subject to customary closing conditions. As part of the investment, John Doran and David Yuan, General Partners at TCV, will join the company’s supervisory board.
The company intends to use the funds to accelerate international expansion and expand its product suite.
Led by Przemysław Gacek, President, The Pracuj Group provides human resources (HR) solutions for companies to recruit, retain, and develop employees across Central Europe. With more than 17 years of experience in the online recruitment market in Poland, the Pracuj Group oversees four companies:
– Pracuj.pl, a job board;
– eRecruiter, an applicant tracking system;
– Rabota.ua, a Ukrainian job board; and
– emplo.com, a platform to support communication and HR processes in companies.
As of today, 40,000 businesses use the Pracuj Group’s products on an annual basis. Its flagship brand, the Pracuj.pl job board, is growing with 2.5 million monthly users and 1,000 new clients joining each month.