A Manchester-based start-up which aims to ‘turn the recruitment sector on its head’ has announced ‘aggressive’ expansion plans.
Caroo, which counts Co-op, Boohoo and Missguided among its clients, matches relevant candidates with employers based on skills and experience - rather than job titles - through an app.
The company has announced a nine-month plan to roll out the platform across the 海角视频 and has set its sights on entering the European and US markets before the end of 2021.
Managing director Gareth Peterson said he plans to sign-up 8,000 clients within 15 months on top of 20,000 new candidate profiles per month.
The company said it saw a ‘spike’ in sign ups from January to June as ‘employers navigated tough market conditions’ caused by the coronavirus pandemic.
The firm has projected app downloads to reach one million by the end of 2021 up from the current 100,000 downloads.
The company also expects to be self funded within six months.
The plans come after backing from Optimise Capital, a Wilmslow-based private equity firm, which has invested £2m into the company to date, with a planned £5m annual investment in marketing.
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Peterson said: “We know the current recruitment market is outdated and inefficient and for too long employers have been getting a raw deal when it comes to hiring talent.
“Our aim is to push the sector forward and make the process much smoother for both companies and candidates.”
He continued: “For employers, our smart tech matches people and jobs on skills, not job titles, saving them an incredible amount of time when looking for candidates, while for those out of work, it’s more important than ever that they know the opportunities which are open to them.
“Our technology allows them to tap into roles which they may not have known they were experienced for, giving them greater accessibility in a difficult jobs market.”