Circular.io, a Spain founded talent sharing platform, raised usd$10m in funding.
The backers were LocalGlobe, Point Nine, Kibo Ventures, All Iron Ventures, Quentin Nickmans (eFounders), Kima and Shilling.
The company aims to use its funding to spearhead expansion within Europe beyond London, Madrid and Barcelona.
Pedro Torrecillas, CEO, and CTO, CPO and Co-Founder Teo Ruiz, Circular provides direct access to tech talent which has been vetted and recommended by in-house recruiters within fast-growing tech companies. By recommending strong candidates that they were unable to hire themselves, in-house recruiters help maintain the flow of talent across the tech industry by sharing candidates with their peers, while improving the candidate experience.
The company has also announced its expansion into the UK market with its network now open to in-house recruiters in London, offering them a new way of hiring candidates which are already vetted and recommended by their peers.
Recruiters can enhance their reputation within Circular with each recommendation made, demonstrating their sound judgement and commitment to helping their peers succeed, meaning that no one misses out on top candidates in such a competitive job market. Every recommendation also enhances a candidate’s chance of future success and strengthens the power of the Circular network. The result is a recruitment network in which candidates convert 10x more than conventional recruitment methods – making it easier and quicker to find great tech candidates who want to be hired.
As it emerges from stealth mode, the network has a group of hiring companies already on-board including FORM3, Nested and Dow Jones. Circular has made almost 1,000 hires and has helped to set up on average 20,000 interviews per year. Tech recruitment managers in Madrid, Barcelona – and increasingly in remote positions – with companies like Glovo, Ryanair and Inditex have hired developers from within the Circular network which has more than 5,500 in-house recruiters active in its community and over 19,000 candidates.
FinSMEs
07/03/2022