neuvoo, a Montreal, Canada-based job site, received a $53M investment from Caisse de dépôt et placement du Québec (CDPQ).
This investment is part of the CDPQ-AI Fund, which was launched in the spring of 2019.
The company intends to use the funds to continue its expansion into new markets, and allow it to further optimize its platform.
Led by Lucas Martinez, Co-Founder, and Michael O’Dell, Vice-President, USA, neuvoo is an artificial intelligence based site which centralizes all the jobs available on the web, whether they come from companies’ career websites, staffing agencies or job boards. It currently has more than 30 million job vacancies in 77 countries.
The company also develops multiple resources to help candidates in their job search. It expects to reach over 100 million visitors by January 2020.
neuvoo also maintains offices in Europe and Latin America.