inploi, a London, UK-based talent attraction technology scale-up, raised £1.35 million in a funding round aimed at developing its growth team and accelerating its go-to-market (GTM) strategy for its Software-as-a-Service (SaaS) offering.
Notable angel investors and industry veterans, such as Chris Nelson, Julia Ross, Joshua Nott of Schmidt Futures, and Ziyaad Aboobaker of 10x Value Partners, participated, among others.
The company plans to use the funds to prepare for an expansion into the US market.
Founded in 2016, The company evolved from a labor marketplace to a SaaS platform. This approach aims to help hirers source and recruit staff while transforming the candidate's experience, making it intuitive and frictionless.
inploi CEO, Matt de le Hey, said: "We're grateful to new and existing investors who have backed us as we switch gears from finding product-market fit to scaling. Our unique approach of augmenting and modernizing existing systems rather than replacing them - in addition to the close relationships we develop with customers as an innovation partner - has yielded extraordinary results, leading to 100% of our customers renewing across multi-year agreements. Over a million candidates have already engaged with our platform this year alone, submitting 500,000 applications to 34,000 jobs, filled more quickly with significantly less client spend."
Company: Inploi Limited
Funding Month: July 2023
Additional Investors: Chris Nelson, Julia Ross, Joshua Nott of Schmidt Futures, and Ziyaad Aboobaker of 10x Value Partners
Company Website: https://www.inploi.com/
Software Category: Recruitment Platform
About the Company: inploi is a talent attraction technology company, on a mission to rebuild the infrastructure of online talent attraction. inploi’s suite of SaaS products helps leading brands to attract, engage, and convert job seekers, with extensive data and reporting underpinning its solutions. inploi’s conversion module seamlessly integrates with existing HR technology, significantly improving the candidate experience and increasing conversion rates. inploi has secured a roster of high-profile enterprise clients, including well-known names like wagamama, Haven, Butlin's, FTSE-listed Compass Group UK & Ireland and A.S. Watson Group.